According to Northern Oil and Gas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.37724. At the end of 2022 the company had a P/E ratio of 3.35.
Year | P/E ratio | Change |
---|---|---|
2022 | 3.35 | -111.73% |
2021 | -28.6 | 6869.63% |
2020 | -0.4101 | -96.46% |
2019 | -11.6 | -202.51% |
2018 | 11.3 | -171.66% |
2017 | -15.8 | 2652.45% |
2016 | -0.5729 | 138.67% |
2015 | -0.2400 | -111.51% |
2014 | 2.08 | -88.24% |
2013 | 17.7 | 22.78% |
2012 | 14.4 | -60.26% |
2011 | 36.3 | -81.31% |
2010 | 194 | 14.91% |
2009 | 169 | 420.44% |
2008 | 32.5 | -184.17% |
2007 | -38.6 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
EOG Resources EOG | 9.72 | 80.84% | ๐บ๐ธ USA |
Whiting Petroleum WLL | 6.79 | 26.26% | ๐บ๐ธ USA |
Continental Resources
CLR | 7.46 | 38.81% | ๐บ๐ธ USA |
Earthstone Energy ESTE | 7.23 | 34.37% | 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.