Northern Oil and Gas, Inc.

Northern Oil and Gas, Inc.verified

NOG

Price:

$28.84

Market Cap:

$2.81B

Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. The company primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States. As of December 31, 2021, it owned working interests in 7,436 gross producing wells; and had proved reserves of 287,682 million barrels of oil equivalent. The company is based in Minnetonka, Minnesota.

Industry

Oil & Gas Exploration & Production

IPO Date

2007-04-13

Stock Exchange

NYSE

Ticker

NOG

The PE Ratio as of March 2026 (TTM) for Northern Oil and Gas, Inc. (NOG) is 73.95

According to Northern Oil and Gas, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 73.95. This represents a change of 114.41% compared to the average of 0.06 of the last 4 quarters.

Northern Oil and Gas, Inc. (NOG) Historical PE Ratio (quarterly & annually)

How has NOG PE Ratio performed in the past?

The mean historical PE Ratio of Northern Oil and Gas, Inc. over the last ten years is 24.90. The current 73.95 PE Ratio has changed 29.59% with respect to the historical average. Over the past ten years (40 quarters), NOG's PE Ratio was at its highest in in the March 2024 quarter at 85.79. The PE Ratio was at its lowest in in the December 2025 quarter at -7.41.

Quarterly (TTM)
Annual

Average

24.90

Median

3.40

Minimum

-13.67

Maximum

203.79

Northern Oil and Gas, Inc. (NOG) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Northern Oil and Gas, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 2.29%

Maximum Annual PE Ratio = 203.79

Minimum Annual Increase = -49411.70%

Minimum Annual PE Ratio = -13.67

Quarterly (TTM)
Annual
YearPE RatioChange
202554.12658.94%
20247.1394.09%
20233.6717.35%
20223.13-98.46%
2021203.79-49411.70%
2020-0.41-96.52%
2019-11.87-419.45%
20183.72-127.19%
2017-13.672.29%
2016-0.57138.67%

Northern Oil and Gas, Inc. (NOG) Average PE Ratio

How has NOG PE Ratio performed in the past?

The current PE Ratio of Northern Oil and Gas, Inc. (NOG) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

21.64

5-year avg

54.37

10-year avg

24.90

Northern Oil and Gas, Inc. (NOG) PE Ratio vs. Peers

How is NOG’s PE Ratio compared to its peers?

Northern Oil and Gas, Inc.’s PE Ratio is greater than SM Energy Company (5.33), greater than Crescent Energy Company (31.26), greater than Civitas Resources, Inc. (3.81), greater than TORM plc (9.03), greater than Teekay Tankers Ltd. (6.62), greater than BKV Corporation (15.52), greater than Cosan S.A. (-1.31), greater than DHT Holdings, Inc. (13.16), greater than Baytex Energy Corp. (-7.19), greater than Talos Energy Inc. (-5.46),

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