Northern Oil & Gas (HAM:4LT1) Research & Development: €0 Mil (TTM As of Mar. 2026)


HAM:4LT1 Northern Oil & Gas Inc HAM:4LT1
60 GF Score
Price €16.98
GF Value €28.34
Valuation Possible Value Trap
! 5 Warning Signs
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What is Northern Oil & Gas Research & Development?

Northern Oil & Gas HAM:4LT1 +1.56% 60 Research & Development is €0 Mil as of Mar. 2026. GuruFocus rates HAM:4LT1 with a GF Score™ of 60/100 and a GF Value™ of €28.34 (Possible Value Trap). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Northern Oil & Gas's Research & Development for the three months ended in Mar. 2026 was €0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €0 Mil.

Northern Oil & Gas  (HAM:4LT1) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Northern Oil & Gas Research & Development Related Terms

Northern Oil & Gas Research & Development Historical Data

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The historical data trend for Northern Oil & Gas's Research & Development 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 Research & Development Chart

Northern Oil & Gas Annual Data
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Northern Oil & Gas Quarterly Data
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HAM:4LT1
60GF Score
Northern Oil & Gas Inc HAM:4LT1
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Oil & Gas Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 Mil.

* 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 Research & Development →
What does a Research & Development of €0 Mil mean?
Northern Oil & Gas (HAM:4LT1) has a Research & Development of €0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Northern Oil & Gas and its competitors.
Is Northern Oil & Gas' Research & Development too high?
Northern Oil & Gas' current Research & Development is €0 Mil. 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' Research & Development compare to MNR and TALO?
Northern Oil & Gas' Research & Development of €0 Mil 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 Research & Development for an Oil & Gas company?
A good Research & Development depends on the Oil & Gas industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Northern Oil & Gas and its competitors. Northern Oil & Gas's current Research & Development is €0 Mil. 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 €28.34, compared to a current price of €16.98 — trading 40.1% below its estimated fair value. The current Research & Development is €0 Mil. 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Northern Oil & Gas (HAM:4LT1), the current Research & Development is €0 Mil 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 €16.98 is trading 40.1% below its estimated GF Value™ of €28.34. GuruFocus considers Northern Oil & Gas to be Possible Value Trap.

Key valuation signals for HAM:4LT1:

  • Research & Development: €0 Mil
  • GF Value™: €28.34 vs. price of €16.98 (40.1% 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

Get the complete analysis for HAM:4LT1

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

€16.98
Price
€28.34
GF Value