Northern Oil and Gas Inc
NYSE:NOG

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Northern Oil and Gas Inc
NYSE:NOG
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Price: 22.62 USD 4.29% Market Closed
Market Cap: 2.2B USD

Relative Value

The Relative Value of one NOG stock under the Base Case scenario is 49.31 USD. Compared to the current market price of 22.62 USD, Northern Oil and Gas Inc is Undervalued by 54%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NOG Relative Value
Base Case
49.31 USD
Undervaluation 54%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
92
vs Industry
45
Median 3Y
1.6
Median 5Y
1.7
Industry
1.4
Forward
0.9
vs History
4
vs Industry
36
Median 3Y
4.3
Median 5Y
3.5
Industry
12.2
Forward
4.8
vs History
92
vs Industry
46
Median 3Y
2.6
Median 5Y
2.8
Industry
5.2
vs History
11
vs Industry
11
Median 3Y
-6.9
Median 5Y
-5.3
Industry
11.2
vs History
71
vs Industry
34
Median 3Y
1.9
Median 5Y
1.6
Industry
1.3
vs History
96
vs Industry
37
Median 3Y
2.4
Median 5Y
2.6
Industry
2.1
Forward
1.9
vs History
82
vs Industry
50
Median 3Y
3.2
Median 5Y
3.2
Industry
5.2
vs History
74
vs Industry
41
Median 3Y
3.3
Median 5Y
3.2
Industry
6.7
Forward
2.8
vs History
41
vs Industry
33
Median 3Y
4.8
Median 5Y
4.7
Industry
10.1
Forward
7.6
vs History
98
vs Industry
40
Median 3Y
4.2
Median 5Y
4.4
Industry
7
vs History
vs Industry
Median 3Y
-12.2
Median 5Y
-11.2
Industry
11.6
vs History
98
vs Industry
35
Median 3Y
1.3
Median 5Y
1.3
Industry
1

Multiples Across Competitors

NOG Competitors Multiples
Northern Oil and Gas Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Northern Oil and Gas Inc
NYSE:NOG
2.2B USD 0.9 12.2 2.7 5.3
US
Conocophillips
NYSE:COP
117.3B USD 2 13.3 5.6 10.6
CN
CNOOC Ltd
SSE:600938
775.8B CNY 1.9 6.3 4.9 4.9
CA
Canadian Natural Resources Ltd
TSX:CNQ
91.6B CAD 2.4 13.8 5.7 10.6
US
EOG Resources Inc
NYSE:EOG
57B USD 2.5 10.3 5.2 8.1
US
Hess Corp
NYSE:HES
46.1B USD 3.7 20.7 8.2 13.4
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Diamondback Energy Inc
NASDAQ:FANG
44.2B USD 2.9 10.6 5.8 10.7
US
EQT Corp
NYSE:EQT
33.9B USD 4.3 19.1 8 15.9
US
Continental Resources Inc
F:C5L
25.8B EUR 3.4 8.5 4.9 6.7
AU
Woodside Energy Group Ltd
ASX:WDS
43.4B AUD 2.1 9.7 3.9 8.9