According to Northern Oil and Gas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.85546. At the end of 2021 the company had a P/E ratio of -28.6.
Year | P/E ratio | Change |
---|---|---|
2021 | -28.6 | 6866.37% |
2020 | -0.4103 | -96.49% |
2019 | -11.7 | -203.54% |
2018 | 11.3 | -171.66% |
2017 | -15.8 | 2652.45% |
2016 | -0.5729 | 138.67% |
2015 | -0.2400 | |
2013 | 17.7 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() EOG Resources EOG | 6.66 | 259.16% | ๐บ๐ธ USA |
![]() Whiting Petroleum WLL | 6.79 | 265.92% | ๐บ๐ธ USA |
![]() Continental Resources
CLR | 7.46 | 302.29% | ๐บ๐ธ USA |
![]() Earthstone Energy ESTE | 2.12 | 14.36% | ๐บ๐ธ USA |
![]() Bonanza Creek Energy
BCEI | N/A | N/A | ๐บ๐ธ USA |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.