Northern Oil and Gas Stock

Northern Oil and Gas P/E 2024

Northern Oil and Gas P/E

6.36

Ticker

NOG

ISIN

US6655313079

WKN

A2QEP7

As of Oct 2, 2024, Northern Oil and Gas's P/E ratio was 6.36, a 112.71% change from the 2.99 P/E ratio recorded in the previous year.

The Northern Oil and Gas P/E history

Northern Oil and Gas Aktienanalyse

What does Northern Oil and Gas do?

Northern Oil and Gas Inc is a US-American company that operates in the energy sector and specializes in the exploration, production, and sale of crude oil and natural gas. The company was founded in 2006 and is headquartered in Minnesota. Northern Oil and Gas has become a significant player in the industry in recent years and is listed on various stock exchanges. Northern Oil and Gas ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Northern Oil and Gas's P/E Ratio

The Price to Earnings (P/E) Ratio of Northern Oil and Gas is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Northern Oil and Gas's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Northern Oil and Gas is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Northern Oil and Gas’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Northern Oil and Gas stock

What is the price-to-earnings ratio of Northern Oil and Gas?

The price-earnings ratio of Northern Oil and Gas is currently 6.36.

How has the price-earnings ratio of Northern Oil and Gas changed compared to last year?

The price-to-earnings ratio of Northern Oil and Gas has increased by 112.71% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Northern Oil and Gas high compared to other companies?

Yes, the price-to-earnings ratio of Northern Oil and Gas is high compared to other companies.

How does an increase in the price-earnings ratio of Northern Oil and Gas affect the company?

An increase in the price-earnings ratio of Northern Oil and Gas would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Northern Oil and Gas affect the company?

A decrease in the price-earnings ratio of Northern Oil and Gas would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Northern Oil and Gas?

Some factors that influence the price-earnings ratio of Northern Oil and Gas are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Northern Oil and Gas pay?

Over the past 12 months, Northern Oil and Gas paid a dividend of 1.49 USD . This corresponds to a dividend yield of about 4.09 %. For the coming 12 months, Northern Oil and Gas is expected to pay a dividend of 2.79 USD.

What is the dividend yield of Northern Oil and Gas?

The current dividend yield of Northern Oil and Gas is 4.09 %.

When does Northern Oil and Gas pay dividends?

Northern Oil and Gas pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Northern Oil and Gas?

Northern Oil and Gas paid dividends every year for the past 7 years.

What is the dividend of Northern Oil and Gas?

For the upcoming 12 months, dividends amounting to 2.79 USD are expected. This corresponds to a dividend yield of 7.67 %.

In which sector is Northern Oil and Gas located?

Northern Oil and Gas is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Northern Oil and Gas kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Northern Oil and Gas from 10/31/2024 amounting to 0.42 USD, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Northern Oil and Gas pay the last dividend?

The last dividend was paid out on 10/31/2024.

What was the dividend of Northern Oil and Gas in the year 2023?

In the year 2023, Northern Oil and Gas distributed 0.88 USD as dividends.

In which currency does Northern Oil and Gas pay out the dividend?

The dividends of Northern Oil and Gas are distributed in USD.

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Andere Kennzahlen von Northern Oil and Gas

Our stock analysis for Northern Oil and Gas Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Northern Oil and Gas Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.