NOG - NYSE
Northern Oil and Gas, Inc.
$21.97
-0.63%Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. The company primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States. As of December 31, 2021, it owned working interests in 7,436 gross producing wells; and had proved reserves of 287,682 million barrels of oil equivalent. The company is based in Minnetonka, Minnesota.
At a Glance
Live SnapshotNorthern Oil and Gas, Inc. Fair Value Envelope
Owner Earnings Valuation Tool
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Historical Financial Data
Base year metrics used for projections
Projection Settings
Forecast period and terminal assumptions
DCF Valuation Summary
Calculation flow from present value to intrinsic value per share
Owner Earnings Projections
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.0B | $6.0B | $12.0B | $24.1B | $48.2B | $96.3B | $192.7B | $385.4B | $770.7B | $1,541.4B |
| Maintenance CapEx | -$501.0M | -$1.0B | -$2.0B | -$4.0B | -$8.0B | -$16.0B | -$32.1B | -$64.1B | -$128.3B | -$256.5B |
| Owner Earnings | $2.5B | $5.0B | $10.0B | $20.1B | $40.2B | $80.3B | $160.6B | $321.2B | $642.5B | $1,284.9B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $2.3B | $4.3B | $8.0B | $14.8B | $27.3B | $50.6B | $93.7B | $173.5B | $321.4B | $595.2B |
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