MTDR vs. NOG
MTDR (Matador Resources Company) and NOG (Northern Oil and Gas, Inc.) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. Over the past 10 years, MTDR returned 10.83%/yr vs -2.51%/yr for NOG. Their 0.63 correlation means they have sometimes moved together and sometimes differently.
Performance
MTDR vs. NOG - Performance Comparison
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Returns By Period
In the year-to-date period, MTDR achieves a 19.25% return, which is significantly higher than NOG's 2.37% return. Over the past 10 years, MTDR has outperformed NOG with an annualized return of 10.83%, while NOG has yielded a comparatively lower -2.51% annualized return.
MTDR
- 1D
- 3.27%
- 1M
- 1.73%
- 6M
- 11.87%
- YTD
- 19.25%
- 1Y
- 3.12%
- 3Y*
- -1.84%
- 5Y*
- 11.77%
- 10Y*
- 10.83%
- ALL TIME*
- 11.10%
NOG
- 1D
- 1.49%
- 1M
- 20.44%
- 6M
- -12.08%
- YTD
- 2.37%
- 1Y
- -18.99%
- 3Y*
- -13.95%
- 5Y*
- 9.05%
- 10Y*
- -2.51%
- ALL TIME*
- -2.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $116.12M | $98.02M | $97.95M | |
| $54.84M | $61.54M | $65.18M |
MTDR vs. NOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MTDR Matador Resources Company | 19.25% | -22.31% | 0.37% | 0.57% | 55.83% | 207.33% | -32.89% | 15.71% | -50.11% | 20.85% |
NOG Northern Oil and Gas, Inc. | 2.37% | -38.20% | 4.84% | 25.54% | 54.51% | 136.72% | -62.56% | 3.54% | 10.24% | -25.45% |
Correlation
The correlation between MTDR and NOG is 0.84, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.84 |
Correlation (3Y) Balances recent behavior with more history. | 0.82 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.81 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.65 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2012 | 0.63 |
Over the past year, MTDR and NOG have become more correlated (0.84) than their long-term average of 0.63, meaning their price movements have been converging.
Fundamentals
MTDR:
$6.20B
NOG:
$2.30B
MTDR:
$3.89
NOG:
-$6.34
MTDR:
1.84
NOG:
1.37
MTDR:
1.10
NOG:
1.17
MTDR:
$3.36B
NOG:
$1.52B
MTDR:
$3.43B
NOG:
$450.66M
MTDR:
$1.97B
NOG:
$73.21M
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Return for Risk
MTDR vs. NOG — Risk / Return Rank
MTDR
NOG
MTDR vs. NOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Matador Resources Company (MTDR) and Northern Oil and Gas, Inc. (NOG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MTDR | NOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.96 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.11 | -0.46 | +0.57 |
| Martin ratioReturn relative to average drawdown | 0.22 | -1.03 | +1.25 |
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Drawdowns
MTDR vs. NOG - Drawdown Comparison
The maximum MTDR drawdown since its inception was -96.50%, roughly equal to the maximum NOG drawdown of -98.96%. Use the drawdown chart below to compare losses from any high point for MTDR and NOG.
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Drawdown Indicators
| MTDR | NOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.50% | -98.96% | +2.46% |
Max Drawdown (1Y)Largest decline over 1 year | -29.06% | -41.43% | +12.37% |
Max Drawdown (3Y)Largest decline over 3 years | -46.83% | -55.08% | +8.25% |
Max Drawdown (5Y)Largest decline over 5 years | -48.29% | -55.08% | +6.79% |
Max Drawdown (10Y)Largest decline over 10 years | -96.50% | -92.15% | -4.35% |
Current DrawdownCurrent decline from peak | -26.94% | -91.84% | +64.90% |
Average DrawdownAverage peak-to-trough decline | -25.07% | -69.89% | +44.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.24% | 19.41% | -5.17% |
Volatility
MTDR vs. NOG - Volatility Comparison
The current volatility for Matador Resources Company (MTDR) is 14.32%, while Northern Oil and Gas, Inc. (NOG) has a volatility of 16.52%. This indicates that MTDR experiences smaller price fluctuations and is considered to be less risky than NOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MTDR | NOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.32% | 16.52% | -2.20% |
Volatility (6M)Calculated over the trailing 6-month period | 31.69% | 33.58% | -1.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.65% | 46.31% | -4.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.85% | 49.16% | -2.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.89% | 70.52% | -5.63% |
Dividends
MTDR vs. NOG - Dividend Comparison
MTDR's dividend yield for the trailing twelve months is around 2.88%, less than NOG's 8.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
MTDR Matador Resources Company | 2.88% | 3.09% | 1.51% | 1.14% | 0.52% | 0.34% |
NOG Northern Oil and Gas, Inc. | 8.51% | 8.38% | 4.41% | 4.02% | 2.86% | 0.75% |
Financials
MTDR vs. NOG - Financials Comparison
This section allows you to compare key financial metrics between Matador Resources Company and Northern Oil and Gas, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
MTDR and NOG have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NOG has higher volatility (16.52%) compared to MTDR (14.32%). In terms of maximum drawdown, MTDR dropped -96.50% vs NOG's -98.96%.
MTDR currently has the higher Sharpe Ratio (0.08 vs -0.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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