Northern Oil and Gas (NOG) Competitors

$39.61
-0.12 (-0.30%)
(As of 05/13/2024 ET)

NOG vs. ERF, VIST, CNX, SSL, CRC, BSM, CRK, MGY, KOS, and CPG

Should you be buying Northern Oil and Gas stock or one of its competitors? The main competitors of Northern Oil and Gas include Enerplus (ERF), Vista Energy (VIST), CNX Resources (CNX), Sasol (SSL), California Resources (CRC), Black Stone Minerals (BSM), Comstock Resources (CRK), Magnolia Oil & Gas (MGY), Kosmos Energy (KOS), and Crescent Point Energy (CPG). These companies are all part of the "crude petroleum & natural gas" industry.

Northern Oil and Gas vs.

Enerplus (NYSE:ERF) and Northern Oil and Gas (NYSE:NOG) are both mid-cap oils/energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, earnings, profitability, risk, community ranking, dividends, media sentiment, institutional ownership and valuation.

Enerplus has a beta of 1.97, suggesting that its stock price is 97% more volatile than the S&P 500. Comparatively, Northern Oil and Gas has a beta of 1.84, suggesting that its stock price is 84% more volatile than the S&P 500.

Northern Oil and Gas has higher revenue and earnings than Enerplus. Northern Oil and Gas is trading at a lower price-to-earnings ratio than Enerplus, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Enerplus$1.69B2.41$456.08M$1.8011.09
Northern Oil and Gas$2.17B1.85$922.97M$6.176.41

Enerplus received 467 more outperform votes than Northern Oil and Gas when rated by MarketBeat users. Likewise, 61.85% of users gave Enerplus an outperform vote while only 35.37% of users gave Northern Oil and Gas an outperform vote.

CompanyUnderperformOutperform
EnerplusOutperform Votes
496
61.85%
Underperform Votes
306
38.15%
Northern Oil and GasOutperform Votes
29
35.37%
Underperform Votes
53
64.63%

58.4% of Enerplus shares are owned by institutional investors. Comparatively, 98.8% of Northern Oil and Gas shares are owned by institutional investors. 0.4% of Enerplus shares are owned by company insiders. Comparatively, 2.8% of Northern Oil and Gas shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Enerplus currently has a consensus price target of $21.87, suggesting a potential upside of 9.51%. Northern Oil and Gas has a consensus price target of $47.90, suggesting a potential upside of 21.36%. Given Enerplus' stronger consensus rating and higher probable upside, analysts plainly believe Northern Oil and Gas is more favorable than Enerplus.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enerplus
1 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.50
Northern Oil and Gas
1 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.73

Enerplus pays an annual dividend of $0.26 per share and has a dividend yield of 1.3%. Northern Oil and Gas pays an annual dividend of $1.60 per share and has a dividend yield of 4.0%. Enerplus pays out 14.4% of its earnings in the form of a dividend. Northern Oil and Gas pays out 25.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Enerplus has increased its dividend for 1 consecutive years and Northern Oil and Gas has increased its dividend for 2 consecutive years. Northern Oil and Gas is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Northern Oil and Gas has a net margin of 30.01% compared to Northern Oil and Gas' net margin of 24.09%. Enerplus' return on equity of 34.06% beat Northern Oil and Gas' return on equity.

Company Net Margins Return on Equity Return on Assets
Enerplus24.09% 33.88% 19.89%
Northern Oil and Gas 30.01%34.06%13.70%

In the previous week, Enerplus had 10 more articles in the media than Northern Oil and Gas. MarketBeat recorded 12 mentions for Enerplus and 2 mentions for Northern Oil and Gas. Northern Oil and Gas' average media sentiment score of 0.73 beat Enerplus' score of 0.67 indicating that Enerplus is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enerplus
3 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Northern Oil and Gas
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Northern Oil and Gas beats Enerplus on 13 of the 22 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NOG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NOG vs. The Competition

MetricNorthern Oil and GasCrude petroleum & natural gas IndustryEnergy SectorNYSE Exchange
Market Cap$4.00B$8.59B$7.33B$17.82B
Dividend Yield4.03%17.20%11.62%3.47%
P/E Ratio6.4116.1113.8322.55
Price / Sales1.854.0988.0610.39
Price / Cash3.646.8411.4715.76
Price / Book1.941.913.224.97
Net Income$922.97M$1.24B$953.97M$963.48M
7 Day Performance-2.56%-1.02%2.37%1.80%
1 Month Performance-7.25%-3.02%1.46%3.96%
1 Year Performance25.52%14.99%9.11%133.04%

Northern Oil and Gas Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ERF
Enerplus
2.8559 of 5 stars
$19.86
+0.4%
$21.69
+9.2%
+41.9%$4.06B$1.69B9.46404Dividend Cut
Short Interest ↓
VIST
Vista Energy
2.7849 of 5 stars
$46.55
+1.9%
$51.00
+9.6%
+113.1%$4.32B$1.17B13.49299Short Interest ↑
CNX
CNX Resources
4.0809 of 5 stars
$23.89
-0.5%
$24.43
+2.3%
+49.9%$3.66B$3.47B4.33470Analyst Forecast
Positive News
SSL
Sasol
2.4956 of 5 stars
$7.22
+0.3%
N/A-39.3%$4.58B$16.30B0.0029,073
CRC
California Resources
4.0472 of 5 stars
$52.94
+0.5%
$63.57
+20.1%
+24.3%$3.64B$2.80B6.86970Earnings Report
Dividend Announcement
Analyst Forecast
Analyst Revision
BSM
Black Stone Minerals
2.7775 of 5 stars
$16.59
-0.7%
$19.33
+16.5%
+5.7%$3.49B$592.22M8.872,020Gap Down
High Trading Volume
CRK
Comstock Resources
2.2492 of 5 stars
$10.34
+0.2%
$9.75
-5.7%
+3.7%$3.02B$1.57B47.00251Analyst Forecast
MGY
Magnolia Oil & Gas
1.9391 of 5 stars
$25.81
+0.5%
$27.63
+7.0%
+32.9%$5.27B$1.23B12.59247Ex-Dividend
Analyst Forecast
Analyst Revision
KOS
Kosmos Energy
4.5025 of 5 stars
$6.00
+2.0%
$9.63
+60.7%
+0.5%$2.83B$1.70B13.63243Positive News
CPG
Crescent Point Energy
3.9355 of 5 stars
$8.85
+0.3%
$13.75
+55.4%
+29.1%$5.48B$2.59B12.64777Dividend Cut
Short Interest ↓

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This page (NYSE:NOG) was last updated on 5/13/2024 by MarketBeat.com Staff

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