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Northern Oil & Gas Forward PE Ratio

: 4.34 (As of Today)
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Northern Oil & Gas's Forward PE Ratio for today is 4.34.

Northern Oil & Gas's PE Ratio without NRI for today is 0.00.

Northern Oil & Gas's PE Ratio for today is 0.00.


Northern Oil & Gas Forward PE Ratio Historical Data

The historical data trend for Northern Oil & Gas's Forward PE Ratio 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.

* Premium members only.

Northern Oil & Gas Annual Data
Trend 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-08
Forward PE Ratio
45.05 37.31 3.42 3.89 7.19 3.01 4.21

Northern Oil & Gas Quarterly Data
2016-12 2017-03 2017-06 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06
Forward PE Ratio 45.05 37.45 40.00 37.31 8.36 12.27 5.46 3.42 3.43 7.73 3.08 3.89 3.71 5.23 4.71 7.19 8.83 7.17 4.88 3.01 4.48 5.46

Competitive Comparison

For the Oil & Gas E&P subindustry, Northern Oil & Gas's Forward PE Ratio, along with its competitors' market caps and Forward 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 Forward PE Ratio Distribution

For the Oil & Gas industry and Energy sector, Northern Oil & Gas's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Northern Oil & Gas's Forward PE Ratio falls into.



Northern Oil & Gas Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Northern Oil & Gas  (NYSE:NOG) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Northern Oil & Gas Forward PE Ratio Related Terms

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Northern Oil & Gas Business Description

Northern Oil & Gas logo
Traded in Other Exchanges
Address
4350 Baker Road, Suite 400, Minnetonka, MN, USA, 55343
Northern Oil & Gas Inc is an independent energy company engaged in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties. Its principal business is crude oil and natural gas exploration, development, and production with operations in North Dakota and Montana that primarily target the Bakken and Three Forks formations in the Williston Basin of the United States.
Executives
Pomerantz Jennifer S. director 4350 BAKER ROAD SUITE 400 MINNETONKA MN 55343
Rowling Family 2012 Long Term Trust other: See Remarks 4001 MAPLE AVENUE, SUITE 600 DALLAS TX 75219
Evans James B. officer: Executive VP & Chief Engineer 601 CARLSON PARKWAY SUITE 990 MINNETONKA MN 55305
Rowling Foundation other: See Remarks 4001 MAPLE AVENUE, SUITE 600 DALLAS TX 75219
Lasher Stuart G. director 4931 NEW PROVIDENCE TAMPA FL 33629
Ttbr Investments Llc 10 percent owner 4001 MAPLE AVE SUITE 600 DALLAS TX 75219
Trbrjr Investments Llc 10 percent owner 4001 MAPLE AVE SUITE 600 DALLAS TX 75219
Kelly Michael D. officer: EVP of Finance 3762 INGOLD STREET HOUSTON TX 77005
Wr Operating Llc 10 percent owner 3811 TURTLE CREEK BLVD SUITE 550 DALLAS TX 75219
Crestview W2 Holdings, L.p. 10 percent owner 590 MADISON AVENUE 26TH FLOOR NEW YORK NY 10022
W Energy Partners Llc 10 percent owner 3811 TURTLE CREEK BLVD SUITE 550 DALLAS TX 75219
Crestview Partners Iii Gp, L.p. 10 percent owner C/O CRESTVIEW PARTNERS 590 MADISON AVENUE, 42ND FLOOR NEW YORK NY 10022
Lenz Joseph Z. director 601 CARLSON PARKWAY SUITE 990 MINNETONKA MN 55305
O'grady Nicholas L. officer: Chief Financial Officer 601 CARLSON PARKWAY SUITE 990 MINNETONKA MN 55305
Easley Roy Ernest director 1048 TEXAN TRAIL GRAPEVINE TX 76051

Northern Oil & Gas Headlines

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