Northern Oil and Gas, Inc. Financial Ratios — NOG Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	8.72	13.35	8.8	23.55	- -	- -	- -	- -	-15.65	- -	- -	158.98	66.09	23.82	1.74
Return on Assets (%)	6.58	7.54	3.92	9.23	-70.98	-50.91	-1.73	13.45	-4.48	-65.24	0.53	35.16	25.08	10.32	0.7
Return on Capital (%)	8.18	10.27	6.64	13.66	- -	- -	- -	- -	- -	- -	7.27	51.88	34.06	14.95	3.16
Return on Invested Capital (%)	9.33	9.1	8.56	6.25	- -	- -	- -	- -	- -	- -	61.94	77.03	25.89	13.85	8.07
Gross Margin (%)	57.1	46.17	45.51	36.92	-4.33	23.34	42.03	53.08	35.65	4.88	60.15	66.25	47.92	38.64	32.23
EBITDA Margin (%)	74.35	71.86	74.71	72.9	54.25	52.45	60.12	74.39	66.69	49.19	71.48	76.53	70.72	70.1	67.58
Operating Margin (%)	48.57	38.54	41.02	32.84	-13.72	14.1	33.56	50.13	31.73	-0.84	57.04	63.88	45.23	35.86	28.69
Incremental Operating Margin (%)	50.99	26.84	51.2	-15.54	- -	-117.2	81.9	63.89	-53	- -	85.84	70.48	515.1	-33.79	254.5
Pretax Margin (%)	42.23	38.84	22.98	60.96	-581.12	-184.63	-4.81	29.08	-12.69	-279.63	0.68	39.09	52.48	31.46	2.99
Profit Margin (%)	25.43	24.35	14.37	37.94	-481.24	-183.75	-4.1	29.09	-12.69	-279.58	0.65	38.94	48.4	24.05	1.85
Net Income to Common Margin (%)	25.43	24.35	14.37	37.94	-481.24	-183.75	-4.1	29.09	-12.86	-284.29	-0.86	38.44	48.4	24.05	1.85
Effective Tax Rate (%)	39.79	37.3	37.45	37.77	- -	- -	- -	- -	- -	- -	3.53	0.4	7.77	23.58	38.19
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	1.33	1.66	-230.82	8.31	13.43	31.13	447.37
Sustainable Growth Rate (%)	8.72	13.35	8.8	23.55	- -	- -	- -	- -	-15.44	- -	- -	145.77	57.22	16.41	-6.06

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	70	424	585	806	835	833	979	830	1,118	945	803	1,525	1,836	2,369	2,395
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	65	- -	- -	- -	- -	- -
LT Debt	70	424	585	806	835	833	979	830	1,118	880	803	1,525	1,836	2,369	2,395
Total Debt/EBITDA	0.59	1.99	2.12	2.56	7.6	9.94	7.27	2.26	2.79	5.93	1.15	1	1.36	1.56	1.69
Net Debt/EBITDA	0.54	1.93	2.1	2.53	7.57	9.86	6.51	2.25	2.75	5.92	1.14	1	1.35	1.56	1.68
Total Debt/EBIT	0.9	3.71	3.86	5.69	-30.03	36.96	13.03	3.35	5.86	-347.88	1.44	1.2	2.13	3.05	3.99
Net Debt/EBIT	0.82	3.59	3.82	5.62	-29.91	36.67	11.67	3.34	5.78	-347.35	1.43	1.2	2.12	3.04	3.96
EBITDA to Interest Expense	202.66	15.37	8.43	7.47	1.88	1.3	1.92	4.23	4.97	2.72	11.81	18.92	9.94	9.62	8.21
EBITDA-CapEx/Interest Expense	201.89	15.35	8.42	7.47	1.88	0.99	1.71	1.26	2.11	-2.13	1.75	1.99	-3.79	-1	0.95
EBIT to Interest Expense	132.4	8.24	4.63	3.37	-0.48	0.35	1.07	2.85	2.36	-0.05	9.42	15.79	6.36	4.92	3.49
Interest Expense	1	14	33	42	58	64	70	87	81	59	59	80	136	158	172
Common Equity/Total Assets	68.44	49.22	40.79	38.03	-27.39	-112.95	-77.63	28.59	29.32	-25.61	14.13	25.92	45.66	41.41	39.31
Long-Term Debt/Equity (%)	14.08	72.33	94.31	104.57	- -	- -	- -	193.13	200.16	- -	373.46	204.68	89.64	102.11	112.65
Long-Term Debt/Capital (%)	12.34	41.97	48.53	51.12	130.99	241.2	200.48	65.89	66.68	121.94	78.88	67.18	47.27	50.52	52.98
Long-Term Debt/Total Assets (%)	9.63	35.6	38.47	39.77	115.78	192.95	154.89	55.21	58.68	100.89	52.76	53.05	40.93	42.28	44.28
Total Debt/Equity (%)	14.08	72.33	94.31	104.57	-422.71	-170.82	-199.52	193.13	200.16	-423.12	373.46	204.68	89.64	102.11	112.65
Total Debt/Capital (%)	12.34	41.97	48.53	51.12	130.99	241.2	200.48	65.89	66.68	130.95	78.88	67.18	47.27	50.52	52.98
Total Debt/Total Assets (%)	9.63	35.6	38.47	39.77	115.78	192.95	154.89	55.21	58.68	108.34	52.76	53.05	40.93	42.28	44.28
Net Debt to Equity	12.81	70.05	93.39	103.35	-421	-169.49	-178.7	192.58	197.28	-422.48	369.03	204.34	89.24	101.72	111.98
Net Debt/Capital (%)	11.36	41.19	48.29	50.82	131.15	243.9	227.06	65.82	66.36	131.01	78.68	67.14	47.16	50.43	52.83
EBITDA	119	213	276	315	110	84	135	367	401	159	697	1,520	1,349	1,517	1,416
EBITDA-CapEx	118	213	275	314	110	64	120	110	171	-125	103	160	-514	-158	163
Operating Income (Loss)	78	114	151	142	-28	23	75	248	191	-3	556	1,268	863	776	601

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.05	0.13	0.03	0.03	0.04	0.08	0.83	0.01	0.08	0.01	0.03	0.01	0.02	0.02	0.03
Current Ratio	0.67	0.94	0.54	0.79	1.56	0.61	1.24	0.99	0.65	0.69	0.66	0.93	1.32	0.92	1.09
Quick Ratio	0.48	0.83	0.48	0.33	0.7	0.56	1.21	0.43	0.61	0.4	0.62	0.79	0.99	0.8	0.71
CFO/Avg Current Liab	0.95	1.8	1.51	1.14	1.36	1.31	0.73	1.38	1.56	1.72	1.55	2.76	3.24	3.03	2.78
Common Equity/Total Assets	68.44	49.22	40.79	38.03	-27.39	-112.95	-77.63	28.59	29.32	-25.61	14.13	25.92	45.66	41.41	39.31
Long-Term Debt/Equity (%)	14.08	72.33	94.31	104.57	- -	- -	- -	193.13	200.16	- -	373.46	204.68	89.64	102.11	112.65
Long-Term Debt/Capital (%)	12.34	41.97	48.53	51.12	130.99	241.2	200.48	65.89	66.68	121.94	78.88	67.18	47.27	50.52	52.98
Long-Term Debt/Total Assets (%)	9.63	35.6	38.47	39.77	115.78	192.95	154.89	55.21	58.68	100.89	52.76	53.05	40.93	42.28	44.28
Total Debt/Equity (%)	14.08	72.33	94.31	104.57	-422.71	-170.82	-199.52	193.13	200.16	-423.12	373.46	204.68	89.64	102.11	112.65
Total Debt/Capital (%)	12.34	41.97	48.53	51.12	130.99	241.2	200.48	65.89	66.68	130.95	78.88	67.18	47.27	50.52	52.98
Total Debt/Total Assets (%)	9.63	35.6	38.47	39.77	115.78	192.95	154.89	55.21	58.68	108.34	52.76	53.05	40.93	42.28	44.28
CFO/Total Liabilities	37.18	32.83	24.76	21.84	26.88	11.09	6.5	22.75	25.23	30.28	30.32	43.59	48.56	42.9	45.85
CFO/CapEx	188.88	774.15	572.22	1,622.8	2,721.91	5.04	5.06	0.95	1.47	1.17	0.67	0.68	0.64	0.84	1.2
Altman's Z-Score	4.58	1.76	1.28	0.81	-0.85	-2.45	-1.21	0.61	0.38	-2.35	0.86	2.39	1.99	1.62	1.27

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	4.35	4.88	4.7	5	2.95	3.66	5.42	6.9	5.88	3.62	7.37	8.54	5.94	5.69	5.67
Days Sales Outstanding	83.93	74.79	77.62	73.04	123.7	99.73	67.38	52.91	62.11	100.97	49.52	42.72	61.43	64.12	64.43
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	0.86	1.55	1.52	1.36	1.42	2.02	1.74	3.13	6.22	5.86	7.67	6.91	6.18	6.71	6.74
Accounts Payable Turnover Days	422.55	235.22	240.15	268.46	256.24	181.05	209.86	116.69	58.69	62.28	47.56	52.84	59.03	54.37	54.18
Cash Conversion Cycle	-338.62	-160.43	-162.53	-195.42	-132.54	-81.32	-142.48	-63.78	3.42	38.68	1.96	-10.12	2.39	9.75	10.25
Inventory to Cash Days	83.93	74.79	77.62	73.04	123.7	99.73	67.38	52.91	62.11	100.97	49.52	42.72	61.43	64.12	64.43
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	1,519	1,069	932	345	244	174	137	855	950	402	1,592	2,625	3,735	3,683	2,088
- Cash & Cash Equivalents	6	13	6	9	3	6	102	2	16	1	10	3	8	9	14
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	70	424	585	806	835	833	979	830	1,118	945	803	1,525	1,836	2,369	2,395
Enterprise Value	1,582	1,479	1,511	1,142	1,076	1,000	1,014	1,683	2,052	1,346	2,386	4,148	5,563	6,043	4,469
Total Capital	566	1,010	1,204	1,577	638	345	488	1,260	1,677	722	1,019	2,271	3,883	4,690	4,522
Total Debt/Capital (%)	12.34	41.97	48.53	51.12	130.99	241.2	200.48	65.89	66.68	130.95	78.88	67.18	47.27	50.52	52.98
Total Debt / EV	0.04	0.29	0.39	0.71	0.78	0.83	0.97	0.49	0.54	0.7	0.34	0.37	0.33	0.39	0.54
EV/Sales	9.91	4.98	4.09	2.65	5.31	6.26	4.53	3.41	3.41	4.15	2.45	2.09	2.92	2.79	2.13
EV/EBITDA	13.32	6.93	5.48	3.63	9.78	11.94	7.53	4.58	5.12	8.44	3.42	2.73	4.12	3.98	3.16
EV/EBIT	20.39	12.93	9.98	8.05	- -	44.4	13.49	6.8	10.76	- -	4.29	3.27	6.45	7.79	7.44
EV/Cash Flow to Firm	18.51	7.14	6.21	3.8	3.64	6.02	7.62	5.08	4.88	3.45	5.26	4.11	4.25	3.95	2.77
EV/Free Cash Flow to Firm	18.41	7.13	6.2	3.8	3.64	5.37	6.88	2.86	3.15	2	2.28	1.75	1.75	1.89	1.56
Diluted Market Cap	1,491	1,057	946	344	234	168	128	535	906	374	1,296	2,671	3,413	3,763	2,132
Diluted Enterprise Value	1,555	1,468	1,524	1,141	1,066	994	1,005	1,363	2,008	1,318	2,090	4,194	5,240	6,123	4,513
EV per Share	249.85	232.83	244.28	186.97	170.4	158.09	151.82	44.48	50.54	29.31	30.85	48.7	55.21	60.97	45.95
TTM Sales	160	297	369	432	203	160	224	494	601	324	975	1,986	1,907	2,164	2,095
TTM EBITDA	119	213	276	315	110	84	135	367	401	159	697	1,520	1,349	1,517	1,416
TTM Operating Income	78	114	151	142	-28	23	75	248	191	-3	556	1,268	863	776	601
TTM Cash Flow to Firm	86	207	243	300	295	166	133	331	420	390	453	1,008	1,308	1,529	1,612
TTM Free Cash Flow to Firm	86	207	244	301	295	186	147	589	651	674	1,047	2,368	3,171	3,204	2,864

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	17.42	5.32	4.24	1.25	0.95	1.38	1.46	1.07	1.59	0.61	1.31	1.17	1.12	1.22	0.77
EV/EBIT	20.39	12.93	9.98	8.05	- -	44.4	13.49	6.8	10.76	- -	4.29	3.27	6.45	7.79	7.44
Enterprise Value	1,582	1,479	1,511	1,142	1,076	1,000	1,014	1,683	2,052	1,346	2,386	4,148	5,563	6,043	4,469
Low Price	132.5	137.3	117.95	47.9	33.6	15.5	6.27	14.7	14.05	3.35	8.58	20.02	25.56	31.13	19.88
EV/Sales	9.91	4.98	4.09	2.65	5.31	6.26	4.53	3.41	3.41	4.15	2.45	2.09	2.92	2.79	2.13
EV/EBITDA	13.32	6.93	5.48	3.63	9.78	11.94	7.53	4.58	5.12	8.44	3.42	2.73	4.12	3.98	3.16
Price/Earnings	36.48	14.54	17.71	2.09	- -	- -	- -	3.72	- -	- -	- -	3.17	3.67	7.13	54.12
Price/Earnings Average	35.26	16.15	17.11	5.12	-0.38	-0.74	-12.23	4.41	-10.77	-0.42	-128.15	2.97	3.49	7.34	69.14
Price/Earnings High	51.7	24.2	21.04	6.46	-0.59	-1.22	-27.15	7.38	-14.71	-1.09	-208.99	4.02	4.33	8.5	106.76
Price/Earnings Low	20.16	11.87	13.86	1.78	-0.21	-0.32	-4.26	2.42	-7.03	-0.16	-64.34	2.06	2.53	5.97	50.11
Price/Book Value	3.06	1.82	1.5	0.45	-1.23	-0.36	-0.28	1.99	1.7	-1.8	7.4	3.52	1.82	1.59	0.98
Price/Book Value Average	2.96	2.02	1.45	1.1	-1.97	-0.46	-0.25	2.36	1.56	-1.87	6.14	3.3	1.73	1.63	1.25
Price/Book Value High	4.33	3.03	1.79	1.38	-3.04	-0.76	-0.54	3.95	2.14	-4.85	10.02	4.47	2.15	1.89	1.94
Price/Book Value Low	1.69	1.49	1.18	0.38	-1.07	-0.2	-0.09	1.29	1.02	-0.69	3.08	2.29	1.26	1.33	0.91
Price/Tangible Book Value	3.06	1.82	1.5	0.45	-1.23	-0.36	-0.28	1.99	1.7	-1.8	7.4	3.52	1.82	1.59	0.98
Price/Tangible Book Value Average	2.96	2.02	1.45	1.1	-1.97	-0.46	-0.25	2.36	1.56	-1.87	6.14	3.3	1.73	1.63	1.25
Price/Tangible Book Value High	4.33	3.03	1.79	1.38	-3.04	-0.76	-0.54	3.95	2.14	-4.85	10.02	4.47	2.15	1.89	1.94
Price/Tangible Book Value Low	1.69	1.49	1.18	0.38	-1.07	-0.2	-0.09	1.29	1.02	-0.69	3.08	2.29	1.26	1.33	0.91
Price/Sales	9.28	3.54	2.55	0.79	1.16	1.05	0.57	1.08	1.51	1.16	1.33	1.22	1.78	1.71	1
Price/Sales Average	8.97	3.93	2.46	1.94	1.85	1.36	0.5	1.28	1.39	1.2	1.1	1.14	1.69	1.77	1.28
Price/Sales High	13.15	5.89	3.02	2.45	2.85	2.24	1.11	2.15	1.89	3.11	1.8	1.55	2.09	2.04	1.98
Price/Sales Low	5.13	2.89	1.99	0.67	1.01	0.59	0.17	0.7	0.9	0.44	0.55	0.79	1.23	1.44	0.93
Price/Cash Flow	17.4	5.29	4.22	1.25	0.95	1.65	1.75	2.19	2.67	1.13	3.27	2.61	2.87	2.63	1.39
Price/Cash Flow Average	16.82	5.88	4.08	3.06	1.51	2.12	1.54	2.6	2.45	1.17	2.72	2.44	2.72	2.71	1.78
Price/Cash Flow High	24.66	8.81	5.01	3.86	2.34	3.51	3.42	4.34	3.35	3.04	4.43	3.31	3.37	3.14	2.75
Price/Cash Flow Low	9.61	4.32	3.3	1.06	0.83	0.93	0.54	1.42	1.6	0.43	1.36	1.69	1.98	2.21	1.29
Price/Free Cash Flow Average	16.84	5.91	4.09	3.07	1.51	1.77	1.29	1.27	1.46	0.63	1.09	1.09	1.06	1.26	0.99
Price/Free Cash Flow High	24.69	8.86	5.03	3.87	2.33	2.93	2.86	2.12	2	1.64	1.77	1.48	1.32	1.46	1.53
Price/Free Cash Flow Low	9.63	4.34	3.32	1.06	0.82	0.78	0.45	0.69	0.95	0.23	0.55	0.76	0.77	1.02	0.72
EV/Sales Average	9.59	5.38	4.01	3.8	6.03	6.57	4.45	3.73	3.29	4.2	2.17	2.01	2.82	2.84	2.41
EV/Sales High	13.87	7.38	4.57	4.31	7.07	7.49	5.11	5.12	3.82	6.25	3.02	2.44	3.26	3.12	3.1
EV/Sales Low	5.65	4.32	3.54	2.52	5.15	5.79	4.1	2.8	2.78	3.39	1.49	1.63	2.31	2.52	2.06
EV/EBITDA Average	12.9	7.49	5.36	5.22	11.11	12.53	7.41	5.02	4.93	8.53	3.04	2.62	3.99	4.06	3.57
EV/EBITDA High	18.66	10.26	6.11	5.91	13.02	14.28	8.5	6.88	5.73	12.72	4.23	3.19	4.62	4.45	4.59
EV/EBITDA Low	7.6	6.01	4.74	3.46	9.49	11.03	6.82	3.77	4.17	6.88	2.09	2.12	3.26	3.59	3.05
EV/EBIT Average	19.74	13.97	9.77	11.58	-43.91	46.61	13.27	7.44	10.36	-500.7	3.8	3.14	6.23	7.93	8.4
EV/EBIT High	28.56	19.14	11.13	13.13	-51.49	53.1	15.22	10.2	12.04	-746.27	5.3	3.83	7.22	8.7	10.82
EV/EBIT Low	11.64	11.22	8.64	7.68	-37.54	41.03	12.23	5.59	8.77	-403.98	2.62	2.54	5.1	7.02	7.18
Last Price	239.8	168.2	150.7	56.5	38.6	27.5	20.5	22.6	23.4	8.76	20.58	30.82	37.07	37.16	21.47
High Price	339.8	280	179	174.3	95.1	58.5	40	44.9	29.4	23.6	27.87	39.1	43.64	44.31	42.35
Enterprise Value Average	1,531	1,597	1,479	1,641	1,221	1,050	998	1,843	1,976	1,360	2,116	3,983	5,377	6,152	5,049
Enterprise Value High	2,216	2,190	1,686	1,861	1,432	1,196	1,144	2,527	2,296	2,027	2,949	4,853	6,225	6,752	6,500
Enterprise Value Low	903	1,283	1,308	1,089	1,044	924	919	1,384	1,673	1,097	1,458	3,228	4,403	5,446	4,315

Shares Outstanding	6	6	6	6	6	6	7	38	41	46	77	85	101	99	97
Diluted Weighted Avg Shares	6	6	6	6	6	6	6	24	39	43	63	87	92	101	99
Basic Weighted Avg Shares	6	6	6	6	6	6	6	24	39	43	63	79	91	100	98
Revenue per Share	25.85	47.5	59.2	71.12	33.42	26.11	35.89	20.91	15.53	7.58	15.48	25.28	20.85	21.67	21.44
EBITDA per Share	19.22	34.14	44.23	51.84	18.13	13.69	21.58	15.55	10.36	3.73	11.07	19.35	14.74	15.19	14.49
Operating Income per Share	12.56	18.31	24.29	23.36	-4.59	3.68	12.04	10.48	4.93	-0.06	8.83	16.15	9.43	7.77	6.15
Basic EPS, GAAP	6.57	11.57	8.51	26.98	-160.81	-47.98	-1.47	6.08	-2	-21.55	-0.13	9.72	10.09	5.21	0.4
Basic EPS from Cont Ops	6.57	11.57	8.51	26.98	-160.81	-47.98	-1.47	6.08	-1.97	-21.2	0.1	9.84	10.09	5.21	0.4
Diluted EPS, GAAP	6.53	11.5	8.46	26.91	-160.81	-47.98	-1.47	6.07	-2	-21.55	-0.13	8.81	10.03	5.14	0.39
Diluted EPS from Cont Ops	6.53	11.5	8.46	26.91	-160.81	-47.98	-1.47	6.07	-1.97	-21.2	0.1	8.92	10.03	5.14	0.39
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.54	0.93	1.35	1.62	1.77
Cash Flow per Share	13.78	31.77	35.72	45.19	40.73	16.66	11.69	10.34	8.78	7.76	6.29	11.82	12.93	14.11	15.41
Free Cash Flow per Basic Share	13.71	31.73	35.66	45.16	40.71	13.35	9.38	-0.58	2.83	1.12	-3.13	-5.49	-7.42	-2.66	2.59
Cash & Equivalents per Share	0.99	2.11	0.92	1.53	0.54	1.03	15.3	0.06	0.4	0.03	0.12	0.03	0.08	0.09	0.15
Book Value per Share	78.41	92.27	100.2	126.23	-31.31	-77.05	-73.49	11.36	13.76	-4.86	2.78	8.75	20.32	23.41	21.86
Tangible Book Value per Share	78.41	92.27	100.2	126.23	-31.31	-77.05	-73.49	11.36	13.76	-4.86	2.78	8.75	20.32	23.41	21.86

Northern Oil and Gas, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)