Northern Oil and Gas, Inc.
NOGEnergyNASDAQOil & Gas E&P · Last scanned Oct 26, 2026
Scan Results
Daily timeframePart of the energy sector, Northern Oil and Gas, Inc. (NOG) is listed under Oil & Gas E&P. Valued at $3.01B, NOG is a mid-cap name in its sector. Northern Oil and Gas, Inc.
Market Cap
$3.01B
Beta
0.92
P/E (TTM)
—
P/E (Fwd)
5.62
EPS (TTM)
$-4.85
EPS (Fwd)
$5.03
ROE
-22.1%
ROA
4.6%
Cash
$47.6M
Total Debt
$2.72B
Free CF
-$459.6M
52W Change
28.1%
Annual Financials
Cash vs Debt
Where NOG stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, NOG finished 19.30% above its 150-day moving average ($23.26) and 18.69% above its 200-day moving average ($23.38). 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 October 20, 2026 close, NOG's RSI(14) was 84.4, in overbought territory (above 70). The MACD histogram was positive, so short-term momentum leaned bullish 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. The company is burning cash, with free cash flow at -$459.6M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at -22.1%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. 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).
Northern Oil and Gas, Inc. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing NOG.