Northern Oil and Gas Inc
NOG
$43.27
Closing
▲0.49%
1D
▲16.73%
YTD
Market cap
$4.37B
52 week high
$43.62
52 week low
$29.57
Volume
371,487
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Market cap
$4.37B
Analysts' Rating
BUY
Price Target (Mean)
46.50
Total Analysts
13
P/E
4.31
Operating Margin
61.00%
Beta
1.84
Revenue Growth (Annual)
22.55%
52 week high
$43.62
52 week low
$29.57
Div. Yield
3.72%
EPS Annual Growth
1292.86
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Northern Oil and Gas, Inc. is a real asset company that focuses on acquiring and investing in non-operated minority working and mineral interests in the hydrocarbon producing basins within the contiguous United States. Its principal business is crude oil and natural gas exploration, development, and production with operations in the United States. Its 300,000-acre portfolio is distributed across the Williston, Permian, and Appalachia Basins. Its portfolio comprises about 300,000 acres of low-breakeven lands with over 10,000 wells. Diversified by basin and across commodity type, its wells are operated by over 100 public and private operators. It primarily engages in oil and natural gas exploration and production by participating on a proportionate basis alongside third-party interests in wells drilled and completed in spacing units that include its acreage. In addition, it acquires wellbore-only working interests in wells. It also owns the Utica and Northern Delaware Basin assets.
