Earnings Summary

Northern Oil And Gas Inc’s revenue fell -30.31% since last year same period to $310.59Mn in the Q4 2023. On a quarterly growth basis, Northern Oil And Gas Inc has generated -1.08% fall in its revenue since last 3-months.

Northern Oil And Gas Inc’s net profit jumped 168.05% since last year same period to $388.85Mn in the Q4 2023. On a quarterly growth basis, Northern Oil And Gas Inc has generated 1389.23% jump in its net profits since last 3-months.

Northern Oil And Gas Inc’s net profit margin jumped 284.61% since last year same period to 125.2% in the Q4 2023. On a quarterly growth basis, Northern Oil And Gas Inc has generated 1405.45% jump in its net profit margins since last 3-months.

Northern Oil And Gas Inc’s price-to-earnings ratio after this Q4 2023 earnings stands at 4.22.

Northern Oil And Gas Inc’s earning per share (EPS) estimates for the current quarter stand at 1.16 - a -29.7% fall from last quarter’s estimates.

Northern Oil And Gas Inc’s earning per share (EPS) estimates for the current year stand at 1.16.

Northern Oil And Gas Inc’s earning per share (EPS) jumped 12.59% since last year same period to 1.61 in the Q4 2023. This indicates that the Northern Oil And Gas Inc has generated 12.59% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Northern Oil And Gas Inc’s return on assets (ROA) stands at 0.19.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Northern Oil And Gas Inc’s return on equity (ROE) stands at 0.66.

Northern Oil And Gas Inc declared 0.4 dividend per share during the earnings announcement for Q4 2023.