Northern Oil and Gas, Inc.
NOGEnergyNASDAQOil & Gas E&P
Scan Results
Daily timeframeNorthern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United. Valued at $2.74B, NOG is a mid-cap name in its sector. Northern Oil and Gas, Inc.
Market Cap
$2.74B
Beta
0.75
P/E (TTM)
—
P/E (Fwd)
5.87
EPS (TTM)
$-4.83
EPS (Fwd)
$4.38
ROE
-22.1%
ROA
4.6%
Cash
$47.6M
Total Debt
$2.72B
Free CF
-$459.6M
52W Change
0.5%
Annual Financials
Cash vs Debt
Where NOG stands vs its 150-day and 200-day moving averages
As of the September 3, 2026 close, NOG finished 11.62% above its 150-day moving average ($23.83) and 14.61% above its 200-day moving average ($23.21). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is NOG overbought or oversold?
At the September 3, 2026 close, NOG's RSI(14) was 68.6, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
The company holds $47.6M in cash, though total debt stands at $2.72B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow is running at -$459.6M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -22.1% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 4.6% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $1.99B (2022) to $2.10B (2025).
The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Northern Oil and Gas, Inc. and its sector.