Historical Valuation
Northern Oil and Gas Inc (NOG) is now in the Fair zone, suggesting that its current forward PE ratio of 7.15 is considered Fairly compared with the five-year average of 5.43. The fair price of Northern Oil and Gas Inc (NOG) is between 16.18 to 24.43 according to relative valuation methord.
Relative Value
Fair Zone
16.18-24.43
Current Price：21.87
Fair
P/E
EV/EBITDA
EV/EBIT
P/S
P/OCF
P/FCF
1Y
3Y
5Y
Trailing
Forward
Northern Oil and Gas Inc (NOG) has a current Price-to-Book (P/B) ratio of 0.95. Compared to its 3-year average P/B ratio of 1.92 , the current P/B ratio is approximately -50.45% higher. Relative to its 5-year average P/B ratio of -1.84, the current P/B ratio is about -151.73% higher. Northern Oil and Gas Inc (NOG) has a Forward Free Cash Flow (FCF) yield of approximately -6.60%. Compared to its 3-year average FCF yield of -10.73%, the current FCF yield is approximately -38.47% lower. Relative to its 5-year average FCF yield of -8.85% , the current FCF yield is about -25.40% lower.
P/B
Median3y
1.92
Median5y
-1.84
FCF Yield
Median3y
-10.73
Median5y
-8.85
Competitors Valuation Multiple
AI Analysis for NOG
The average P/S ratio for NOG competitors is 1.74, providing a benchmark for relative valuation. Northern Oil and Gas Inc Corp (NOG.N) exhibits a P/S ratio of 1.01, which is -41.62% above the industry average. Given its robust revenue growth of -5.75%, this premium appears unsustainable.
Performance Decomposition
AI Analysis for NOG
1Y
3Y
5Y
Market capitalization of NOG increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.
The secondary factor is the Unknown, contributed 0.00%to the performance.
Overall, the performance of NOG in the past 1 year is driven by Unknown.
People Also Watch
Frequently Asked Questions
Is NOG currently overvalued or undervalued?
Northern Oil and Gas Inc (NOG) is now in the Fair zone, suggesting that its current forward PE ratio of 7.15 is considered Fairly compared with the five-year average of 5.43. The fair price of Northern Oil and Gas Inc (NOG) is between 16.18 to 24.43 according to relative valuation methord.
What is Northern Oil and Gas Inc (NOG) fair value?
NOG's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Northern Oil and Gas Inc (NOG) is between 16.18 to 24.43 according to relative valuation methord.
How does NOG's valuation metrics compare to the industry average?
The average P/S ratio for NOG's competitors is 1.74, providing a benchmark for relative valuation. Northern Oil and Gas Inc Corp (NOG) exhibits a P/S ratio of 1.01, which is -41.62% above the industry average. Given its robust revenue growth of -5.75%, this premium appears unsustainable.
What is the current P/B ratio for Northern Oil and Gas Inc (NOG) as of Jan 11 2026?
As of Jan 11 2026, Northern Oil and Gas Inc (NOG) has a P/B ratio of 0.95. This indicates that the market values NOG at 0.95 times its book value.
What is the current FCF Yield for Northern Oil and Gas Inc (NOG) as of Jan 11 2026?
As of Jan 11 2026, Northern Oil and Gas Inc (NOG) has a FCF Yield of -6.60%. This means that for every dollar of Northern Oil and Gas Inc’s market capitalization, the company generates -6.60 cents in free cash flow.
What is the current Forward P/E ratio for Northern Oil and Gas Inc (NOG) as of Jan 11 2026?
As of Jan 11 2026, Northern Oil and Gas Inc (NOG) has a Forward P/E ratio of 7.15. This means the market is willing to pay $7.15 for every dollar of Northern Oil and Gas Inc’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for Northern Oil and Gas Inc (NOG) as of Jan 11 2026?
As of Jan 11 2026, Northern Oil and Gas Inc (NOG) has a Forward P/S ratio of 1.01. This means the market is valuing NOG at $1.01 for every dollar of expected revenue over the next 12 months.