Northern Oil and Gas, Inc.

NOG Energy Oil & Gas E&P

In the quarter to June 2026, revenue grew 5.44%, EPS grew 119.6%, free cash flow fell 267.0% and total debt rose 15.2%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for three, operating cash flow growth for five; insiders bought in the last twelve months.

27.16 1.41 +5.48%
Market cap
$2.7B
P/E
0.0×
Fwd P/E
−13.6×
Dividend yield
6.63%
F-score
8/9
Altman Z
1.13
Beneish M
−2.78
Dividend safety
42/100

Northern Oil and Gas, Inc. (NOG) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, Northern Oil and Gas, Inc. (NOG) trades at a EV/Sales of 2.9×. Over the past ten years it has ranged from 1.0× (April 2020) to 29.9× (June 2021); the current reading is higher than 54% of that period. That is above the Oil & Gas E&P industry median of 2.6× and above the Energy sector median of 2.3×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 1.8× (35.37%)
FY2024 2.7× 14.26%
FY2023 2.4× (1.85%)
FY2022 2.4× (43.69%)
FY2021 4.3× 88.89%
FY2020 2.3× (49.77%)
FY2019 4.6× 121.32%
FY2018 2.1× (63.73%)
FY2017 5.7× (17.87%)
FY2016 6.9× 78.70%

Quarterly newest first

Period EV/Sales Change
Jun 2026 2.4× (16.71%)
Mar 2026 2.9× 64.11%
Dec 2025 1.8× (9.65%)
Sep 2025 2.0× (0.62%)
42 more quarters

Against its own ten years

Low 1.0× High 29.9×
Ten-year median 2.8×
Current reading's percentile 50

EV/Sales against peers

Company EV/Sales
TALO Talos Energy Inc. compare 1.8×
BKV BKV Corporation compare 2.0×
MNR Mach Natural Resources LP compare 2.3×
VET Vermilion Energy Inc. compare 2.4×
GPOR Gulfport Energy Corporation compare 2.5×
NOG Northern Oil and Gas, Inc. 2.9×
CRK Comstock Resources, Inc. compare 3.3×
KRP Kimbell Royalty compare 5.9×
BSM Black Stone Minerals, L.P. compare 7.4×
Oil & Gas E&P industry median 2.6×
Energy sector median 2.3×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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