$40.50
0.98% yesterday
NYSE, Nov 15, 10:10 pm CET
ISIN
US6655313079
Symbol
NOG

Northern Oil Gas Target price 2024 - Analyst rating & recommendation

Northern Oil Gas Classifications & Recommendation:

Buy
86%
Hold
14%

Northern Oil Gas Price Target

Target Price $47.19
Price $40.50
Potential
Number of Estimates 13
13 Analysts have issued a price target Northern Oil Gas 2025 . The average Northern Oil Gas target price is $47.19. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 14 analysts: 12 Analysts recommend Northern Oil Gas to buy, 2 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Northern Oil Gas stock has an average upside potential 2025 of . Most analysts recommend the Northern Oil Gas stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 1.91 2.25
3.97% 17.76%
EBITDA Margin 71.27% 71.12%
7.60% 0.20%
Net Margin 52.51% 22.00%
24.34% 58.10%

10 Analysts have issued a sales forecast Northern Oil Gas 2024 . The average Northern Oil Gas sales estimate is

$2.2b
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. This is
16.65% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$2.4b 26.12%
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, the lowest is
$2.1b 6.53%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $1.9b 3.97%
2024
$2.2b 17.76%
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2025
$2.4b 6.63%
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2026
$2.4b 1.19%
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2027
$2.6b 9.22%
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2028
$2.6b 1.66%
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13 Analysts have issued an Northern Oil Gas EBITDA forecast 2024. The average Northern Oil Gas EBITDA estimate is

$1.6b
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. This is
23.03% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$1.7b 27.71%
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, the lowest is
$1.5b 14.31%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $1.4b 11.26%
2024
$1.6b 17.52%
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2025
$1.7b 5.54%
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2026
$1.7b 1.24%
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2027
$1.8b 9.54%
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2028
$1.9b 4.03%
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EBITDA Margin

2023 71.27% 7.60%
2024
71.12% 0.20%
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2025
70.40% 1.01%
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2026
70.36% 0.06%
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2027
70.57% 0.30%
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2028
72.21% 2.32%
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9 Northern Oil Gas Analysts have issued a net profit forecast 2024. The average Northern Oil Gas net profit estimate is

$494m
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. This is
40.60% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$579m 30.37%
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, the lowest is
$391m 52.94%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $1.0b 19.40%
2024
$494m 50.67%
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2025
$527m 6.79%
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2026
$454m 13.87%
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2027
$655m 44.15%
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2028
$717m 9.45%
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Net Margin

2023 52.51% 24.34%
2024
22.00% 58.10%
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2025
22.03% 0.14%
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2026
19.20% 12.85%
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2027
25.34% 31.98%
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2028
27.29% 7.70%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 10.03 4.95
19.40% 50.65%
P/E 8.19
EV/Sales 2.65

9 Analysts have issued a Northern Oil Gas forecast for earnings per share. The average Northern Oil Gas <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$4.95
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. This is
40.58% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$5.80 30.37%
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, the lowest is
$3.92 52.94%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $10.03 19.40%
2024
$4.95 50.65%
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2025
$5.28 6.67%
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2026
$4.55 13.83%
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2027
$6.56 44.18%
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2028
$7.18 9.45%
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P/E ratio

Current 4.86 4.07%
2024
8.19 68.52%
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2025
7.66 6.47%
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2026
8.90 16.19%
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2027
6.17 30.67%
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2028
5.64 8.59%
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Based on analysts' sales estimates for 2024, the Northern Oil Gas stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 3.10 0.96%
2024
2.65 14.36%
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2025
2.49 6.22%
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2026
2.52 1.21%
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2027
2.31 8.44%
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2028
2.27 1.63%
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P/S ratio

Current 2.10 4.57%
2024
1.80 14.27%
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2025
1.69 6.22%
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2026
1.71 1.21%
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2027
1.56 8.44%
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2028
1.54 1.64%
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