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NOG vs. ET
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between NOG and ET is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

NOG vs. ET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northern Oil and Gas, Inc. (NOG) and Energy Transfer LP (ET). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

NOG:

-0.65

ET:

0.61

Sortino Ratio

NOG:

-0.74

ET:

1.02

Omega Ratio

NOG:

0.90

ET:

1.14

Calmar Ratio

NOG:

-0.34

ET:

0.70

Martin Ratio

NOG:

-1.59

ET:

2.29

Ulcer Index

NOG:

19.83%

ET:

7.51%

Daily Std Dev

NOG:

48.49%

ET:

27.33%

Max Drawdown

NOG:

-98.96%

ET:

-87.81%

Current Drawdown

NOG:

-90.62%

ET:

-15.44%

Fundamentals

Market Cap

NOG:

$2.62B

ET:

$59.06B

EPS

NOG:

$6.42

ET:

$1.32

PE Ratio

NOG:

4.14

ET:

13.04

PEG Ratio

NOG:

0.56

ET:

0.77

PS Ratio

NOG:

1.27

ET:

0.72

PB Ratio

NOG:

1.08

ET:

1.69

Total Revenue (TTM)

NOG:

$2.21B

ET:

$82.06B

Gross Profit (TTM)

NOG:

$856.25M

ET:

$14.68B

EBITDA (TTM)

NOG:

$1.79B

ET:

$11.63B

Returns By Period

In the year-to-date period, NOG achieves a -27.49% return, which is significantly lower than ET's -9.01% return. Over the past 10 years, NOG has underperformed ET with an annualized return of -7.84%, while ET has yielded a comparatively higher 1.39% annualized return.


NOG

YTD

-27.49%

1M

22.24%

6M

-33.40%

1Y

-29.81%

5Y*

31.27%

10Y*

-7.84%

ET

YTD

-9.01%

1M

10.25%

6M

3.04%

1Y

16.23%

5Y*

28.18%

10Y*

1.39%

*Annualized

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Risk-Adjusted Performance

NOG vs. ET — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NOG
The Risk-Adjusted Performance Rank of NOG is 1717
Overall Rank
The Sharpe Ratio Rank of NOG is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of NOG is 1818
Sortino Ratio Rank
The Omega Ratio Rank of NOG is 1717
Omega Ratio Rank
The Calmar Ratio Rank of NOG is 3030
Calmar Ratio Rank
The Martin Ratio Rank of NOG is 55
Martin Ratio Rank

ET
The Risk-Adjusted Performance Rank of ET is 7272
Overall Rank
The Sharpe Ratio Rank of ET is 7575
Sharpe Ratio Rank
The Sortino Ratio Rank of ET is 6666
Sortino Ratio Rank
The Omega Ratio Rank of ET is 6767
Omega Ratio Rank
The Calmar Ratio Rank of ET is 7878
Calmar Ratio Rank
The Martin Ratio Rank of ET is 7575
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NOG vs. ET - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Northern Oil and Gas, Inc. (NOG) and Energy Transfer LP (ET). 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.


The current NOG Sharpe Ratio is -0.65, which is lower than the ET Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of NOG and ET, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

NOG vs. ET - Dividend Comparison

NOG's dividend yield for the trailing twelve months is around 6.37%, less than ET's 7.53% yield.


TTM20242023202220212020201920182017201620152014
NOG
Northern Oil and Gas, Inc.
6.37%4.41%4.02%2.86%1.04%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ET
Energy Transfer LP
7.53%6.51%8.96%7.33%7.44%17.28%9.51%9.24%6.66%5.90%7.42%2.61%

Drawdowns

NOG vs. ET - Drawdown Comparison

The maximum NOG drawdown since its inception was -98.96%, which is greater than ET's maximum drawdown of -87.81%. Use the drawdown chart below to compare losses from any high point for NOG and ET. For additional features, visit the drawdowns tool.


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Volatility

NOG vs. ET - Volatility Comparison

Northern Oil and Gas, Inc. (NOG) has a higher volatility of 18.99% compared to Energy Transfer LP (ET) at 12.82%. This indicates that NOG's price experiences larger fluctuations and is considered to be riskier than ET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

NOG vs. ET - Financials Comparison

This section allows you to compare key financial metrics between Northern Oil and Gas, Inc. and Energy Transfer LP. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.005.00B10.00B15.00B20.00B25.00B20212022202320242025
580.34M
21.02B
(NOG) Total Revenue
(ET) Total Revenue
Values in USD except per share items

NOG vs. ET - Profitability Comparison

The chart below illustrates the profitability comparison between Northern Oil and Gas, Inc. and Energy Transfer LP over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%80.0%20212022202320242025
38.7%
19.4%
(NOG) Gross Margin
(ET) Gross Margin
NOG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Northern Oil and Gas, Inc. reported a gross profit of 224.54M and revenue of 580.34M. Therefore, the gross margin over that period was 38.7%.

ET - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Energy Transfer LP reported a gross profit of 4.08B and revenue of 21.02B. Therefore, the gross margin over that period was 19.4%.

NOG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Northern Oil and Gas, Inc. reported an operating income of 229.28M and revenue of 580.34M, resulting in an operating margin of 39.5%.

ET - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Energy Transfer LP reported an operating income of 2.50B and revenue of 21.02B, resulting in an operating margin of 11.9%.

NOG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Northern Oil and Gas, Inc. reported a net income of 138.98M and revenue of 580.34M, resulting in a net margin of 24.0%.

ET - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Energy Transfer LP reported a net income of 1.32B and revenue of 21.02B, resulting in a net margin of 6.3%.