NOG (Northern Oil & Gas) Net Undeveloped Acreage #: 0.00 (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 Net Undeveloped Acreage #?

Northern Oil & Gas NOG 60 Net Undeveloped Acreage # is 0.00 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.

Net Undeveloped Acreage # means acres which are leased by the company but which are not yet able to produce economic quantities of oil or gas.

Northern Oil & Gas's Net Undeveloped Acreage # for the annual that ended in Dec. 2025 was 51,585.00 , which is higher than 45,388.00 for the pervious year ended in Dec. 2024.

The historical rank and industry rank for Northern Oil & Gas's Net Undeveloped Acreage # or its related term are showing as below:

NOG's Net Undeveloped Acreage # is not ranked *
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Net Undeveloped Acreage # only.

Northern Oil & Gas  (NYSE:NOG) Net Undeveloped Acreage # Explanation

Net Undeveloped Acreage # means those leased acres on which wells have not yet been drilled or completed to a point that would permit the production of economic quantities of oil or gas, regardless of whether or not such acreage contains proved reserves. If a piece of land leased by the company is not developed, that automatically means it is part of the net undeveloped acreage.

Northern Oil & Gas Net Undeveloped Acreage # Related Terms

Northern Oil & Gas Net Undeveloped Acreage # Historical Data

* Premium members only.

The historical data trend for Northern Oil & Gas's Net Undeveloped Acreage # 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 Net Undeveloped Acreage # Chart

Northern Oil & Gas Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net Undeveloped Acreage #
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Net Productive Oil Wells
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Net Developed Acreage #
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Gross Developed Acreage #
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Gross Undeveloped Acreage #
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Northern Oil & GasQuarterly Data
Trend Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Undeveloped Acreage #
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Net Productive Oil Wells
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NOG vs MNR, TALO, BKV: Net Undeveloped Acreage # Comparison

For the Oil & Gas E&P subindustry, Northern Oil & Gas's Net Undeveloped Acreage #, along with its competitors' market caps and Net Undeveloped Acreage # 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.

NOG
60GF Score
Northern Oil & Gas Inc NOG
Net Undeveloped Acreage # is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions
What does a Net Undeveloped Acreage # of 0.00 mean?
Northern Oil & Gas (NOG) has a Net Undeveloped Acreage # of 0.00 as of Jun. 2026. Net undeveloped acreage means acres which are leased by the company but which are not yet able to produce economic quantities of oil or gas. View historical data on Northern Oil & Gas and its competitors.
Is Northern Oil & Gas' Net Undeveloped Acreage # too high?
Northern Oil & Gas' current Net Undeveloped Acreage # is 0.00. 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' Net Undeveloped Acreage # compare to MNR and TALO?
Northern Oil & Gas' Net Undeveloped Acreage # of 0.00 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 Net Undeveloped Acreage # for an Oil & Gas company?
A good Net Undeveloped Acreage # depends on the Oil & Gas industry context. However, Net Undeveloped Acreage # 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 Net Undeveloped Acreage # mean?
A high Net Undeveloped Acreage # can signal that a stock is expensive relative to its fundamentals. Net undeveloped acreage means acres which are leased by the company but which are not yet able to produce economic quantities of oil or gas. View historical data on Northern Oil & Gas and its competitors. Northern Oil & Gas's current Net Undeveloped Acreage # is 0.00. 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 Net Undeveloped Acreage # is 0.00. 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 Net Undeveloped Acreage # calculated?
Net Undeveloped Acreage # is calculated from a company's financial statements. For Northern Oil & Gas (NOG), the current Net Undeveloped Acreage # is 0.00 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:

  • Net Undeveloped Acreage #: 0.00
  • 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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Net Undeveloped Acreage # is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.02
Price
$31.31
GF Value