NOG (Northern Oil & Gas) Change In Inventory: $0 Mil (TTM As of Jun. 2026)

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NOG Northern Oil & Gas Inc NOG
60 GF Score
Price $26.02
GF Value $31.31
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Northern Oil & Gas Change In Inventory?

Northern Oil & Gas NOG -1.51% 60 Change In Inventory is $0 Mil as of Jun. 2026. GuruFocus rates NOG with a GF Score™ of 60/100 and a GF Value™ of $31.31 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Northern Oil & Gas's change in inventory for the quarter that ended in Jun. 2026 was $0 Mil. It means Northern Oil & Gas's inventory stayed the same from Mar. 2026 to Jun. 2026 .

Northern Oil & Gas's change in inventory for the fiscal year that ended in Dec. 2025 was $0 Mil. It means Northern Oil & Gas's inventory stayed the same from Dec. 2024 to Dec. 2025 .

Northern Oil & Gas's Total Inventories for the quarter that ended in Jun. 2026 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Northern Oil & Gas's Days Inventory for the quarter that ended in Jun. 2026 was 0.00.

Inventory Turnover measures how fast the company turns over its inventory within a year.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Northern Oil & Gas's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.00.

Northern Oil & Gas  (NYSE:NOG) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Northern Oil & Gas's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0/365.673*365 / 4
=0.00

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Northern Oil & Gas's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=365.673 / 0
=N/A

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Northern Oil & Gas's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 675.053
=0.00

* 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 Change In Inventory Related Terms

Northern Oil & Gas Change In Inventory Historical Data

* Premium members only.

The historical data trend for Northern Oil & Gas's Change In Inventory 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 Change In Inventory Chart

Northern Oil & Gas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
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Northern Oil & Gas Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Inventory 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
NOG
60GF Score
Northern Oil & Gas Inc NOG
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Oil & Gas Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0 Mil mean?
Northern Oil & Gas (NOG) has a Change In Inventory of $0 Mil as of Jun. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Northern Oil & Gas and its competitors.
Is Northern Oil & Gas' Change In Inventory too high?
Northern Oil & Gas' current Change In Inventory is $0 Mil. Overall, Northern Oil & Gas has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northern Oil & Gas' Change In Inventory compare to MNR and TALO?
Northern Oil & Gas' Change In Inventory of $0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Oil & Gas company?
A good Change In Inventory depends on the Oil & Gas industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Northern Oil & Gas and its competitors. Northern Oil & Gas's current Change In Inventory is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Oil & Gas stock overvalued right now?
Based on GuruFocus' analysis, Northern Oil & Gas (NOG) is currently considered Modestly Undervalued. The stock's GF Value™ is $31.31, compared to a current price of $26.02 — trading 16.9% below its estimated fair value. The current Change In Inventory is $0 Mil. Northern Oil & Gas' overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Northern Oil & Gas (NOG), the current Change In Inventory is $0 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Northern Oil & Gas (NOG) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Oil & Gas stock appears to be undervalued. The current stock price of $26.02 is trading 16.9% below its estimated GF Value™ of $31.31. GuruFocus considers Northern Oil & Gas to be Modestly Undervalued.

Key valuation signals for NOG:

  • Change In Inventory: $0 Mil
  • GF Value™: $31.31 vs. price of $26.02 (16.9% below fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the NOG 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 4LT1: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

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

$26.02
Price
$31.31
GF Value