Northern Oil & GasHAM:4LT1 -0.58%60 Interest Coverage is 3.58 as of Mar. 2026, which is 3% above its 10-year median of 3.49. GuruFocus rates HAM:4LT1 with a GF Score™ of 60/100 and a GF Value™ of €27.37 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 728 Oil & Gas companies, Northern Oil & Gas ranks worse than 66.48% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Northern Oil & Gas's
Operating Income
for the
three
months ended in Mar. 2026 was €132 Mil. Northern Oil & Gas's Interest Expense for the
three
months ended in Mar. 2026 was €-37 Mil.
Northern Oil & Gas's interest coverage for the quarter that ended in Mar. 2026 was 3.58.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Northern Oil & Gas's Interest Coverage or its related term are showing as below:
HAM:4LT1'
s Interest Coverage Range Over the Past 10 Years
Min: 0.35 Med: 3.49 Max: 15.79
Current: 3.19
HAM:4LT1's Interest Coverage is ranked worse than 66.48% of 728
companies
in the Oil & Gas industry
Industry Median: 5.84
vs HAM:4LT1: 3.19
Northern Oil & Gas (HAM:4LT1) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Northern Oil & Gas Interest Coverage Related Terms
Northern Oil & Gas Interest Coverage Historical Data
* Premium members only.
The historical data trend for Northern Oil & Gas's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
HAM:4LT1 vs MNR, TALO, KRP: Interest Coverage Comparison
For the Oil & Gas E&P subindustry, Northern Oil & Gas's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Northern Oil & Gas's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Northern Oil & Gas's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (HAM:4LT1) has a Interest Coverage of 3.58 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Northern Oil & Gas and its competitors. This is near median its historical median of 3.49. Over the past decade, Northern Oil & Gas' Interest Coverage has ranged from 0.35 to 15.79. According to the industry distribution chart, Northern Oil & Gas ranks #484 out of 728 companies in the Oil & Gas industry, placing it in the top 66.5%.
Is Northern Oil & Gas' Interest Coverage too high?
Northern Oil & Gas' current Interest Coverage of 3.58 is near median its 10-year median of 3.49. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 15.79. The Oil & Gas industry median Interest Coverage is 5.84. Northern Oil & Gas' value of 3.58 is 38.7% below this industry median. Based on the distribution chart, Northern Oil & Gas ranks #484 out of 728 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 Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northern Oil & Gas' Interest Coverage compare to MNR and TALO?
According to the Oil & Gas industry distribution chart, Northern Oil & Gas ranks #484 out of 728 companies for Interest Coverage. This places Northern Oil & Gas in the lower half of its industry. The industry median Interest Coverage is 5.84. Northern Oil & Gas' value of 3.58 is 38.7% below this benchmark. Historically, Northern Oil & Gas' own Interest Coverage has ranged from 0.35 to 15.79 over the past decade. While the company's 10-year median is 3.49 vs. the industry median of 5.84, Northern Oil & Gas has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.84, based on 728 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Northern Oil & Gas's current Interest Coverage of 3.58 is 38.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Northern Oil & Gas and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Oil & Gas's current Interest Coverage is 3.58, which is near median its own 10-year median of 3.49. 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 (HAM:4LT1) is currently considered Possible Value Trap. The stock's GF Value™ is €27.37, compared to a current price of €15.52 — trading 43.3% below its estimated fair value. The current Interest Coverage is 3.58, which is near median its 10-year median of 3.49 and 38.7% below the Oil & Gas industry median of 5.84. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Northern Oil & Gas (HAM:4LT1), the current Interest Coverage is 3.58 as of Mar. 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 (HAM:4LT1) Overvalued in 2026?
Based on GuruFocus' analysis, Northern Oil & Gas stock appears to be undervalued.
The current stock price of €15.52 is trading 43.3% below its estimated GF Value™ of €27.37.
GuruFocus considers Northern Oil & Gas to be Possible Value Trap.
Key valuation signals for HAM:4LT1:
Interest Coverage: 3.58 (near median its 10-year median of 3.49)
GF Value™: €27.37 vs. price of €15.52 (43.3% below fair value)
Industry Position: 38.7% below the Oil & Gas median (#484 of 728)
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 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
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HAM:4LT1 has been successfully added to your 
