Northern Oil and Gas, Inc. Ratios | P/E, ROE & Valuation

On the Key Ratios page for Northern Oil and Gas, Inc. (NOG), the latest P/E of -5.2 frames valuation, while ROE -23.85% and ROIC 10.41% indicates profitability and capital efficiency. Together with the current ratio of 0.80 and debt-to-equity 1.37, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

NOG Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$21.03$21.67$20.85$25.28$15.48$7.58$15.53$20.91$36.55$26.12
Net Income per Share$-4.59$5.21$10.09$9.84$0.10$-21.20$-1.97$6.08$-1.50$-48.00
Operating Cash Flow per Share$13.04$14.11$12.93$11.82$6.29$7.76$8.78$10.34$11.91$16.67
Free Cash Flow per Share$-7.92$-2.84$-7.24$-5.49$-3.13$1.12$-5.93$-9.75$-7.58$1.43
Cash per Share$0.45$0.09$0.09$0.03$0.15$0.03$0.42$0.10$16.67$1.06
Book Value per Share$18.85$23.24$22.38$9.49$3.42$-5.22$14.43$18.20$-80.08$-79.72
Tangible Book Value per Share$18.85$23.24$22.38$9.49$3.42$-5.22$14.77$21.03$-80.08$-79.72
Interest Debt per Share$27.33$25.31$21.55$20.44$13.69$23.47$30.97$38.83$171.25$146.73
CAPEX per Share$20.96$16.94$20.17$17.31$9.43$6.64$14.70$20.09$19.48$15.24

NOG Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)-5.227.133.673.13203.79-0.41-11.873.72-13.67-0.57
Price to Book (P/B)1.411.61.663.256.03-1.681.621.24-0.26-0.34
Price to Sales (P/S)1.31.711.781.221.331.161.511.080.561.05
Enterprise Value to EBITDA17.343.843.223.5610.13-1.929.363.898.43-5.88
EV to Sales2.52.812.741.992.144.073.342.764.486.23
EV to Operating Cash Flow4.034.314.414.255.273.975.915.5713.749.76
EV to Free Cash Flow-6.64-21.44-7.88-9.14-10.5927.59-8.75-5.91-21.59113.75
Enterprise Value$5.57B$6.07B$5.22B$3.94B$2.09B$1.32B$2.01B$1.36B$1.00B$994.27M

NOG Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)-23.85%22.42%45.07%103.75%2.96%405.74%-13.66%33.43%1.87%60.21%
Return on Invested Capital (ROIC)10.41%12.66%25.25%33.59%6.29%-111.46%3.26%33.54%10.16%-64.45%
Return on Tangible Assets-8.34%9.28%20.58%26.89%0.42%-103.89%-3.98%9.15%-1.45%-68.01%
Earnings Yield-17.26%14.02%27.22%31.94%0.49%-241.97%-8.43%26.92%-7.32%-174.56%
Free Cash Flow Yield-28.98%-7.63%-19.52%-17.82%-15.22%12.75%-25.32%-43.15%-36.96%5.20%
Dividend Yield6.77%4.37%3.65%3.03%2.63%0.00%0.00%0.00%0.00%0.00%

NOG Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio0.80.921.320.930.660.690.650.991.240.61
Interest Coverage4.245.318.2710.621.32-14.380.694.980.86-3.56
Income Quality-2.8401.281.262.33-0.37-4.451.7-7.94-0.35
Debt to Equity1.371.020.92.053.73-4.2321.93-2-1.71
Debt to Assets46.75%42.28%40.93%53.05%52.76%108.34%58.68%55.21%154.89%192.95%
Net Debt to EBITDA8.331.491.131.373.85-1.385.142.367.37-4.88

NOG Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover5.635.065.17.315.044.565.545.134.74.29
Payables Turnover7.076.551.85.215.948.615.574.211.392.18
Inventory Turnover00015.1443.975.9559.332214.6177.41
Days Sales Outstanding64.8772.1571.5449.9472.4579.9865.8671.277.6385.11
Days Payables Outstanding51.655.77202.6670.0361.4942.465.4786.66261.87167.38
Days of Inventory on Hand00024.118.361.36.15182.931.74.72

NOG Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA17.343.843.223.5610.13-1.929.363.898.43-5.88
Market Cap$2.89B$3.71B$3.39B$2.42B$1.30B$374.45M$905.77M$533.83M$125.64M$168.13M
Enterprise Value$5.57B$6.07B$5.22B$3.94B$2.09B$1.32B$2.01B$1.36B$1.00B$994.27M
Dividend Yield6.77%4.37%3.65%3.03%2.63%0.00%0.00%0.00%0.00%0.00%
Payout Ratio-36.95%31.13%13.43%9.48%536.87%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

How does Northern Oil and Gas, Inc.’s P/E ratio compare with its history?

On this page, NOG's current P/E is -5.2, compared with a multi-year average around 44.3. A lower P/E versus its own history is a calculated gap versus that average—not a conclusion that the stock is cheap. Pair it with profitability and earnings quality in the table (for example ROE/ROIC) to see whether the multiple moved with earnings.

What is Northern Oil and Gas, Inc. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $2.89B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does Northern Oil and Gas, Inc.’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Northern Oil and Gas, Inc.'s own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Northern Oil and Gas, Inc. compare to its competitors in key financial ratios?

The fastest way to compare Northern Oil and Gas, Inc. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Northern Oil and Gas, Inc. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Northern Oil and Gas, Inc.'s liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Northern Oil and Gas, Inc. is financially strong. Current ratio is about 0.80, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about 4.24, implying a stronger ability to cover interest expenses. Debt-to-equity is about 1.37, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Northern Oil and Gas, Inc.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Northern Oil and Gas, Inc. is sustaining strong returns (for example ROE at -23.85% and ROIC at 10.41%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.