Northern Oil & Gas (HAM:4LT1) Moat Score: 4/10 (As of Jul. 16, 2026)

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HAM:4LT1 Northern Oil & Gas Inc HAM:4LT1
56 GF Score
Price €17.62
GF Value €27.16
Valuation Possible Value Trap
! 5 Warning Signs
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What is Northern Oil & Gas Moat Score?

Northern Oil & Gas HAM:4LT1 -3.03% 56 Moat Score is 4 as of Jul. 16, 2026. GuruFocus rates HAM:4LT1 with a GF Score™ of 56/100 and a GF Value™ of €27.16 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,038 Oil & Gas companies, Northern Oil & Gas ranks better than 87.19% on this metric.

Northern Oil & Gas has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

Northern Oil & Gas has Narrow Moat: Northern Oil & Gas has a modest moat due to its strategic asset base and some cost advantages in oil production. However, it faces significant competition and lacks strong brand strength or regulatory barriers.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Northern Oil & Gas might have Narrow Moat - Discernible but modest moat.

Northern Oil & Gas  (HAM:4LT1) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Northern Oil & Gas Moat Score Related Terms

HAM:4LT1 vs MNR, TALO, KRP: Moat Score Comparison

For the Oil & Gas E&P subindustry, Northern Oil & Gas's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Oil & Gas Industry

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

* The bar in red indicates where Northern Oil & Gas's Moat Score falls into.


HAM:4LT1
56GF Score
Northern Oil & Gas Inc HAM:4LT1
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 4 mean?
Northern Oil & Gas (HAM:4LT1) has a Moat Score of 4 as of Jul. 16, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Northern Oil & Gas ranks #133 out of 1038 companies in the Oil & Gas industry, placing it in the top 12.8%.
Is Northern Oil & Gas' Moat Score too high?
Northern Oil & Gas' current Moat Score is 4. The Oil & Gas industry median Moat Score is 1.00. Northern Oil & Gas' value of 4 is 300% above this industry median. Based on the distribution chart, Northern Oil & Gas ranks #133 out of 1038 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Northern Oil & Gas has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northern Oil & Gas' Moat Score compare to MNR and TALO?
According to the Oil & Gas industry distribution chart, Northern Oil & Gas ranks #133 out of 1038 companies for Moat Score. This places Northern Oil & Gas in the top 13% of its industry — outperforming the majority of peers. The industry median Moat Score is 1.00. Northern Oil & Gas' value of 4 is 300% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Oil & Gas company?
The median Moat Score among Oil & Gas companies is 1.00, based on 1,038 companies in the industry. Companies in the top quartile (top 25%) have a Moat Score significantly above this median, while those in the bottom quartile fall well below. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Northern Oil & Gas's current Moat Score of 4 is 300% above 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. For the Oil & Gas industry, the median Moat Score is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Oil & Gas's current Moat Score is 4. 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 €27.16, compared to a current price of €17.62 — trading 35.1% below its estimated fair value. The current Moat Score is 4 and 300% above the Oil & Gas industry median of 1.00. Northern Oil & Gas' overall GF Score™ is 56/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Northern Oil & Gas (HAM:4LT1), the current Moat Score is 4 as of Jul. 16, 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 €17.62 is trading 35.1% below its estimated GF Value™ of €27.16. GuruFocus considers Northern Oil & Gas to be Possible Value Trap.

Key valuation signals for HAM:4LT1:

  • Moat Score: 4
  • GF Value™: €27.16 vs. price of €17.62 (35.1% below fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 300% above the Oil & Gas median (#133 of 1038)

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).
56GF Score

Get the complete analysis for HAM:4LT1

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

€17.62
Price
€27.16
GF Value