Northern Oil and Gas, Inc. (NOG) Stock Score, Valuation & Financial Research

Northern Oil and Gas, Inc. is in the Energy sector and Oil & Gas Exploration & Production industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. The current Wall Street Score is 25/100.

Quick answer for NOG

Northern Oil and Gas, Inc. currently has a Wall Street Score of 25/100. The stored market price is $26.58. Its financial score is 20/100. Its valuation score is 0/100. These figures are a research snapshot, not a buy or sell recommendation.

What Northern Oil and Gas, Inc. does

Northern Oil and Gas, Inc. operates as an independent energy enterprise within the United States. The company's core business revolves around the entire lifecycle of crude oil and natural gas properties, from their acquisition and exploration to their development and eventual production. Its primary operations are concentrated in significant U.S. shale plays, namely the Williston, Appalachian, and Permian Basins. As of December 31, 2021, Northern Oil and Gas held active stakes in 7,436 total producing wells and reported proved reserves totaling 287,682 million barrels of oil equivalent (BOE). The company is headquartered in Minnetonka, Minnesota.

NOG financial snapshot

Wall Street Score:
25/100
Current price:
$26.58
Market capitalization:
$2.89B
Revenue:
$2.06B
Net income:
$-623.1M
Free cash flow:
$252.8M
Cash:
$37.0M
Total debt:
$2.55B
EPS:
0.40
P/E ratio:
66.4x
Financial score:
20/100
Valuation score:
0/100
Revenue score:
13/100

What stands out

  • Reported year-over-year revenue growth is -0.0%.
  • Free cash flow is $252.8M, showing positive cash generation.
  • The balance sheet shows $37.0M of cash versus $2.55B of total debt, so leverage deserves attention.

What the numbers mean

Its current valuation score is 0/100, which Wall Street Score classifies as weak within the model's valuation framework.

The financial score is 20/100. This is a starting point for reviewing liquidity, leverage and cash-flow strength rather than a stand-alone recommendation.

A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.

Data freshness: Financial data last refreshed 2026-07-24.

How to research NOG

Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.

Learn how to analyze a stock · Read the Wall Street Score methodology · Browse other stocks

Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.