NOG (Northern Oil & Gas) 1-Year Sharpe Ratio: -0.59 (As of Aug. 27, 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 1-Year Sharpe Ratio?

Northern Oil & Gas NOG -1.51% 60 1-Year Sharpe Ratio is -0.59 as of Aug. 27, 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.

The 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk over the past year. As of today (2026-08-27), Northern Oil & Gas's 1-Year Sharpe Ratio is -0.59.

Northern Oil & Gas  (NYSE:NOG) 1-Year Sharpe Ratio Explanation

The 1-Year Sharpe Ratio inidicates the risk-adjusted return of an investment over the past year. It is calculated as the annualized result of the average monthly excess return divided by its standard deviation over the past year. The monthly excess return is the monthly investment return minus the monthly risk-free rate (typically the 10-year Treasury Constant Maturity Rate). If the risk-free rate for a specific region is not available, U.S. data is used by default.

The greater a portfolio's Sharpe Ratio, the better its risk-adjusted performance. A negative Sharpe Ratio means the risk-free rate is greater than the portfolio’s historical or projected return, or else the portfolio's return is expected to be negative.

Northern Oil & Gas 1-Year Sharpe Ratio Related Terms

NOG vs MNR, TALO, BKV: 1-Year Sharpe Ratio Comparison

For the Oil & Gas E&P subindustry, Northern Oil & Gas's 1-Year Sharpe Ratio, along with its competitors' market caps and 1-Year Sharpe Ratio 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 1-Year Sharpe Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Northern Oil & Gas's 1-Year Sharpe Ratio distribution charts can be found below:

* The bar in red indicates where Northern Oil & Gas's 1-Year Sharpe Ratio falls into.


NOG
60GF Score
Northern Oil & Gas Inc NOG
1-Year Sharpe Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Oil & Gas 1-Year Sharpe Ratio Calculation

The 1-Year Sharpe Ratio measures the performance of an investment such as a stock or portfolio compared to a risk-free asset. A stock / portfolio's 1-Year Sharpe Ratio can be calculated by dividing the difference between the one-year returns of the investment and the risk-free rate, by the standard deviation of the investment returns over one year.

Frequently Asked Questions Learn more about 1-Year Sharpe Ratio →
What does a 1-Year Sharpe Ratio of -0.59 mean?
Northern Oil & Gas (NOG) has a 1-Year Sharpe Ratio of -0.59 as of Aug. 27, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Northern Oil & Gas and its competitors.
Is Northern Oil & Gas' 1-Year Sharpe Ratio too high?
Northern Oil & Gas' current 1-Year Sharpe Ratio is -0.59. 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' 1-Year Sharpe Ratio compare to MNR and TALO?
Northern Oil & Gas' 1-Year Sharpe Ratio of -0.59 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 1-Year Sharpe Ratio for an Oil & Gas company?
A good 1-Year Sharpe Ratio depends on the Oil & Gas industry context. However, 1-Year Sharpe Ratio 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 1-Year Sharpe Ratio mean?
A high 1-Year Sharpe Ratio can signal that a stock is expensive relative to its fundamentals. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Northern Oil & Gas and its competitors. Northern Oil & Gas's current 1-Year Sharpe Ratio is -0.59. 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 1-Year Sharpe Ratio is -0.59. 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 1-Year Sharpe Ratio calculated?
1-Year Sharpe Ratio is calculated from a company's financial statements. For Northern Oil & Gas (NOG), the current 1-Year Sharpe Ratio is -0.59 as of Aug. 27, 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:

  • 1-Year Sharpe Ratio: -0.59
  • 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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1-Year Sharpe Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.02
Price
$31.31
GF Value