Northern Oil & Gas (HAM:4LT1) Beta: N/A (As of Jun. 27, 2026)


HAM:4LT1 Northern Oil & Gas Inc HAM:4LT1
60 GF Score
Price €16.98
GF Value €28.34
Valuation Possible Value Trap
! 5 Warning Signs
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What is Northern Oil & Gas Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-27), Northern Oil & Gas's Beta is Not available.

Northern Oil & Gas  (HAM:4LT1) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Northern Oil & Gas Beta Related Terms

Northern Oil & Gas Beta Historical Data

* Premium members only.

The historical data trend for Northern Oil & Gas's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Northern Oil & Gas Beta Chart

Northern Oil & Gas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
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Northern Oil & Gas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
HAM:4LT1
60GF Score
Northern Oil & Gas Inc HAM:4LT1
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Oil & Gas Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Is Northern Oil & Gas (HAM:4LT1) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Oil & Gas stock appears to be undervalued. The current stock price of €16.98 is trading 40.1% below its estimated GF Value™ of €28.34. GuruFocus considers Northern Oil & Gas to be Possible Value Trap.

Key valuation signals for HAM:4LT1:

  • Beta: N/A
  • GF Value™: €28.34 vs. price of €16.98 (40.1% below fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the HAM:4LT1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Northern Oil & Gas Business Description

Industry EnergyOil & Gas
Other Exchanges NOG:USA4LT1:Germany
Address 4350 Baker Road, Suite 400, Minnetonka, MN, USA, 55343
Northern Oil & Gas Inc is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and natural gas properties. Its principal business is crude oil and natural gas exploration, development, and production. The company's oil and natural gas sales come from three geographic areas in the United States: the Williston Basin (North Dakota and Montana), the Permian Basin (New Mexico and Texas), the Uinta Basin, and the Appalachian Basin (Pennsylvania and Ohio).
60GF Score

Get the complete analysis for HAM:4LT1

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€16.98
Price
€28.34
GF Value