Northern Oil And Gas Inc Earnings

Northern Oil And Gas Inc’s revenue jumped 64.18% since last year same period to $515.49Mn in the Q3 2024. On a quarterly growth basis, Northern Oil And Gas Inc has generated -8.63% fall in its revenue since last 3-months.

Northern Oil And Gas Inc’s net profit jumped 1042.99% since last year same period to $298.45Mn in the Q3 2024. On a quarterly growth basis, Northern Oil And Gas Inc has generated 115.4% jump in its net profits since last 3-months.

Northern Oil And Gas Inc’s net profit margin jumped 596.17% since last year same period to 57.9% in the Q3 2024. On a quarterly growth basis, Northern Oil And Gas Inc has generated 135.75% jump in its net profit margins since last 3-months.

Northern Oil And Gas Inc’s price-to-earnings ratio after this Q3 2024 earnings stands at 4.25.

Northern Oil And Gas Inc’s earning per share (EPS) estimates for the current quarter stand at 1.2 - a -1.64% fall from last quarter’s estimates.

Northern Oil And Gas Inc’s earning per share (EPS) estimates for the current year stand at 1.2.

Northern Oil And Gas Inc’s earning per share (EPS) fell -19.08% since last year same period to 1.4 in the Q3 2024. This indicates that the Northern Oil And Gas Inc has generated -19.08% annual rate of fall 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 0.16.

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 0.45.

Northern Oil And Gas Inc declared 0.42 dividend per share during the earnings announcement for Q3 2024.