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Northern Oil & Gas's EPS (Basic) for the
three
months ended in Jun. 2026 was $2.24.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2026 was $-5.13.
During the past 12 months, Northern Oil & Gas's average EPS without NRIGrowth Rate was -28.40% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was -11.20% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 18.20% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 5.80% per year.
During the past 13 years, Northern Oil & Gas's highest 3-Year average EPS without NRI Growth Rate was 127.60% per year. The lowest was -166.30% per year. And the median was 0.00% per year.
Northern Oil & Gas (NYSE:NOG) Earnings per Share (Diluted) Explanation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Northern Oil & Gas Earnings per Share (Diluted) Related Terms
Northern Oil & Gas Earnings per Share (Diluted) Historical Data
* Premium members only.
The historical data trend for Northern Oil & Gas's Earnings per Share (Diluted) 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 Earnings per Share (Diluted) Chart
NOG vs MNR, TALO, BKV: Earnings per Share (Diluted) Comparison
For the Oil & Gas E&P subindustry, Northern Oil & Gas's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Northern Oil & Gas PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Northern Oil & Gas's PE Ratio distribution charts can be found below:
* The bar in red indicates where Northern Oil & Gas's PE Ratio falls into.
Northern Oil & Gas Earnings per Share (Diluted) Calculation
Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.
Northern Oil & Gas's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2025 is calculated as
Earnings per Share (Diluted) 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 $-5.18
* 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.
Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.
What does a Earnings per Share (Diluted) of $-5.18 mean?
Northern Oil & Gas (NOG) has a Earnings per Share (Diluted) of $-5.18 as of Jun. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Northern Oil & Gas and its competitors. According to the industry distribution chart, Northern Oil & Gas ranks #434 out of 730 companies in the Oil & Gas industry, placing it in the top 59.5%.
Is Northern Oil & Gas' Earnings per Share (Diluted) too high?
Northern Oil & Gas' current Earnings per Share (Diluted) is $-5.18. Based on the distribution chart, Northern Oil & Gas ranks #434 out of 730 companies in the Oil & Gas industry, which is below the industry midpoint. 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' Earnings per Share (Diluted) compare to MNR and TALO?
According to the Oil & Gas industry distribution chart, Northern Oil & Gas ranks #434 out of 730 companies for Earnings per Share (Diluted). This places Northern Oil & Gas in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for an Oil & Gas company?
A good Earnings per Share (Diluted) depends on the Oil & Gas industry context. However, Earnings per Share (Diluted) 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 Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Northern Oil & Gas and its competitors. Northern Oil & Gas's current Earnings per Share (Diluted) is $-5.18. 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 Earnings per Share (Diluted) is $-5.18. 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 Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Northern Oil & Gas (NOG), the current Earnings per Share (Diluted) is $-5.18 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:
Earnings per Share (Diluted): $-5.18
GF Value™: $31.31 vs. price of $26.02 (16.9% below fair value)
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 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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