Northern Oil and Gas (NOG) Competitors

$40.01
+0.26 (+0.65%)
(As of 05/17/2024 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.

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

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

Enerplus received 467 more outperform votes than Northern Oil and Gas when rated by MarketBeat users. Likewise, 61.77% of users gave Enerplus an outperform vote while only 34.94% of users gave Northern Oil and Gas an outperform vote.

CompanyUnderperformOutperform
Northern Oil and GasOutperform Votes
29
34.94%
Underperform Votes
54
65.06%
EnerplusOutperform Votes
496
61.77%
Underperform Votes
307
38.23%

Northern Oil and Gas pays an annual dividend of $1.60 per share and has a dividend yield of 4.0%. Enerplus pays an annual dividend of $0.26 per share and has a dividend yield of 1.3%. Northern Oil and Gas pays out 25.9% of its earnings in the form of a dividend. Enerplus pays out 14.4% 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.

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

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

Company Net Margins Return on Equity Return on Assets
Northern Oil and Gas30.01% 34.06% 13.70%
Enerplus 24.09%33.88%19.89%

In the previous week, Enerplus had 5 more articles in the media than Northern Oil and Gas. MarketBeat recorded 11 mentions for Enerplus and 6 mentions for Northern Oil and Gas. Northern Oil and Gas' average media sentiment score of 0.82 beat Enerplus' score of 0.49 indicating that Northern Oil and Gas is being referred to more favorably in the media.

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

Northern Oil and Gas currently has a consensus price target of $48.00, suggesting a potential upside of 19.97%. Enerplus has a consensus price target of $21.87, suggesting a potential upside of 9.35%. Given Northern Oil and Gas' stronger consensus rating and higher possible upside, equities analysts plainly believe Northern Oil and Gas is more favorable than Enerplus.

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

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
Northern Oil and Gas$2.17B1.87$922.97M$6.176.48
Enerplus$1.69B2.41$456.08M$1.8011.11

Summary

Northern Oil and Gas beats Enerplus on 13 of the 21 factors compared between the two stocks.

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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$4.04B$9.21B$8.64B$18.13B
Dividend Yield4.00%17.13%11.67%3.44%
P/E Ratio6.4814.8811.2122.66
Price / Sales1.874.5533.0610.60
Price / Cash3.666.9411.8419.24
Price / Book2.022.022.966.00
Net Income$922.97M$1.26B$994.91M$966.17M
7 Day Performance0.70%3.08%1.82%1.85%
1 Month Performance-5.85%-0.14%3.12%6.59%
1 Year Performance28.32%12.99%7.33%23.69%

Northern Oil and Gas Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ERF
Enerplus
2.6316 of 5 stars
$19.86
+0.4%
$21.69
+9.2%
+37.9%$4.06B$1.69B9.46404Analyst Forecast
Short Interest ↓
Analyst Revision
News Coverage
VIST
Vista Energy
1.5566 of 5 stars
$46.55
+1.9%
$51.00
+9.6%
+135.1%$4.32B$1.17B13.49299
CNX
CNX Resources
3.6843 of 5 stars
$23.89
-0.5%
$24.43
+2.3%
+51.7%$3.66B$3.47B4.33470Positive News
SSL
Sasol
3.059 of 5 stars
$7.22
+0.3%
N/A-37.7%$4.58B$16.30B0.0029,073
CRC
California Resources
3.6449 of 5 stars
$52.94
+0.5%
$63.57
+20.1%
+24.2%$3.64B$2.80B6.86970
BSM
Black Stone Minerals
2.1811 of 5 stars
$16.59
-0.7%
$19.33
+16.5%
-0.9%$3.49B$592.22M8.872,020Gap Down
High Trading Volume
CRK
Comstock Resources
1.9789 of 5 stars
$10.34
+0.2%
$9.75
-5.7%
+2.5%$3.02B$1.57B47.00251Analyst Downgrade
Analyst Revision
News Coverage
MGY
Magnolia Oil & Gas
1.5954 of 5 stars
$25.81
+0.5%
$27.63
+7.0%
+29.7%$5.27B$1.23B12.59247Insider Selling
Analyst Revision
KOS
Kosmos Energy
4.3172 of 5 stars
$6.00
+2.0%
$9.63
+60.7%
-5.9%$2.83B$1.70B13.63243Positive News
CPG
Crescent Point Energy
3.9015 of 5 stars
$8.85
+0.3%
$13.75
+55.4%
N/A$5.48B$2.59B12.64777Dividend Cut
Short Interest ↓
Analyst Revision

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This page (NYSE:NOG) was last updated on 5/19/2024 by MarketBeat.com Staff

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