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.
P/S ratio for Northern Oil and Gas, Inc. (NOG)
P/S ratio as of 2023: 1.78
According to Northern Oil and Gas, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.78. At the end of 2022 the company had a P/S ratio of 1.22.
P/S ratio history for Northern Oil and Gas, Inc. from 2000 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 1.78 |
| 2022 | 1.22 |
| 2021 | 1.33 |
| 2020 | 1.16 |
| 2019 | 1.51 |
| 2018 | 1.08 |
| 2017 | 0.56 |
| 2016 | 1.05 |
| 2015 | 1.16 |
| 2014 | 0.79 |
| 2013 | 2.55 |
| 2012 | 3.54 |
| 2011 | 9.28 |
| 2010 | 30.77 |
| 2009 | 30.56 |
| 2008 | 23.42 |
| 2007 | 0.00 |
| 2006 | 0.00 |
| 2005 | 0.00 |
| 2004 | 0.00 |
| 2003 | 0.00 |
| 2002 | 0.00 |
| 2001 | 0.00 |
| 2000 | 0.00 |