Northern Oil & Gas (HAM:4LT1) Pretax Margin %: -127.91% (As of Mar. 2026)


HAM:4LT1 Northern Oil & Gas Inc HAM:4LT1
60 GF Score
Price €16.06
GF Value €27.79
Valuation Possible Value Trap
! 5 Warning Signs
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What is Northern Oil & Gas Pretax Margin %?

Northern Oil & Gas HAM:4LT1 +1.58% 60 Pretax Margin % is -127.91% as of Mar. 2026. GuruFocus rates HAM:4LT1 with a GF Score™ of 60/100 and a GF Value™ of €27.79 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 919 Oil & Gas companies, Northern Oil & Gas ranks worse than 83.68% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Northern Oil & Gas's Pre-Tax Income for the three months ended in Mar. 2026 was €-602 Mil. Northern Oil & Gas's Revenue for the three months ended in Mar. 2026 was €471 Mil. Therefore, Northern Oil & Gas's pretax margin for the quarter that ended in Mar. 2026 was -127.91%.

The historical rank and industry rank for Northern Oil & Gas's Pretax Margin % or its related term are showing as below:

HAM:4LT1' s Pretax Margin % Range Over the Past 10 Years
Min: -279.63   Med: 1.84   Max: 52.48
Current: -39.78


HAM:4LT1's Pretax Margin % is ranked worse than
83.68% of 919 companies
in the Oil & Gas industry
Industry Median: 5.18 vs HAM:4LT1: -39.78

Northern Oil & Gas  (HAM:4LT1) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Northern Oil & Gas Pretax Margin % Related Terms


Northern Oil & Gas Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Northern Oil & Gas's Pretax Margin % 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 Pretax Margin % Chart

Northern Oil & Gas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 39.09 52.48 31.46 2.99

Northern Oil & Gas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.01 22.80 -34.74 -19.09 -127.91

HAM:4LT1 vs MNR, TALO, KRP: Pretax Margin % Comparison

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

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

* The bar in red indicates where Northern Oil & Gas's Pretax Margin % falls into.


HAM:4LT1
60GF Score
Northern Oil & Gas Inc HAM:4LT1
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Oil & Gas Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Northern Oil & Gas's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=53.55/1789.18
=2.99 %

Northern Oil & Gas's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-601.968/470.634
=-127.91 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of -127.91% mean?
Northern Oil & Gas (HAM:4LT1) has a Pretax Margin % of -127.91% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Northern Oil & Gas and its competitors. According to the industry distribution chart, Northern Oil & Gas ranks #769 out of 919 companies in the Oil & Gas industry, placing it in the top 83.7%.
Is Northern Oil & Gas' Pretax Margin % too high?
Northern Oil & Gas' current Pretax Margin % is -127.91%. Based on the distribution chart, Northern Oil & Gas ranks #769 out of 919 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. 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' Pretax Margin % compare to MNR and TALO?
According to the Oil & Gas industry distribution chart, Northern Oil & Gas ranks #769 out of 919 companies for Pretax Margin %. This places Northern Oil & Gas in the lower half of its industry. The industry median Pretax Margin % is 5.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Oil & Gas company?
The median Pretax Margin % among Oil & Gas companies is 5.18, based on 919 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Northern Oil & Gas and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 5.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Oil & Gas's current Pretax Margin % is -127.91%. 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 €27.79, compared to a current price of €16.06 — trading 42.2% below its estimated fair value. The current Pretax Margin % is -127.91%. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Northern Oil & Gas (HAM:4LT1), the current Pretax Margin % is -127.91% 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 €16.06 is trading 42.2% below its estimated GF Value™ of €27.79. GuruFocus considers Northern Oil & Gas to be Possible Value Trap.

Key valuation signals for HAM:4LT1:

  • Pretax Margin %: -127.91%
  • GF Value™: €27.79 vs. price of €16.06 (42.2% below fair value)
  • GF Score™: 60/100 with 5 warning signs

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).
60GF Score

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

€16.06
Price
€27.79
GF Value