NOG vs. GE
NOG (Northern Oil and Gas, Inc.) and GE (General Electric Company) are both stocks. NOG operates in Oil & Gas E&P (Energy), while GE operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, NOG returned -5.15%/yr vs 10.10%/yr for GE. At a 0.29 correlation, their price movements are largely independent.
Performance
NOG vs. GE - Performance Comparison
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Returns By Period
In the year-to-date period, NOG achieves a -3.48% return, which is significantly lower than GE's 8.19% return. Over the past 10 years, NOG has underperformed GE with an annualized return of -5.15%, while GE has yielded a comparatively higher 10.10% annualized return.
NOG
- 1D
- -4.36%
- 1M
- -14.45%
- YTD
- -3.48%
- 6M
- -9.31%
- 1Y
- -29.75%
- 3Y*
- -9.64%
- 5Y*
- 5.51%
- 10Y*
- -5.15%
GE
- 1D
- 4.41%
- 1M
- 11.87%
- YTD
- 8.19%
- 6M
- 15.67%
- 1Y
- 36.25%
- 3Y*
- 58.57%
- 5Y*
- 37.93%
- 10Y*
- 10.10%
NOG vs. GE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NOG Northern Oil and Gas, Inc. | -3.48% | -38.20% | 4.84% | 25.54% | 54.51% | 136.72% | -62.56% | 3.54% | 10.24% | -25.45% |
GE General Electric Company | 8.19% | 85.73% | 64.83% | 95.71% | -10.92% | 9.69% | -2.73% | 54.00% | -55.39% | -42.92% |
Correlation
The correlation between NOG and GE is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2007 | 0.29 |
The correlation between NOG and GE shifts across timeframes, from -0.13 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.
Fundamentals
NOG:
$2.01B
GE:
$349.13B
NOG:
-$6.32
GE:
$8.15
NOG:
1.32
GE:
7.31
NOG:
1.13
GE:
19.33
NOG:
$1.52B
GE:
$48.35B
NOG:
$450.66M
GE:
$16.84B
NOG:
$73.21M
GE:
$11.01B
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Return for Risk
NOG vs. GE — Risk / Return Rank
NOG
GE
NOG vs. GE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Oil and Gas, Inc. (NOG) and General Electric Company (GE). 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.
| NOG | GE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.82 | ||
| Sortino ratioReturn per unit of downside risk | -2.42 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.21 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | 1.75 | -2.62 |
| Martin ratioReturn relative to average drawdown | -1.43 | 4.72 | -6.14 |
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Drawdowns
NOG vs. GE - Drawdown Comparison
The maximum NOG drawdown since its inception was -98.96%, which is greater than GE's maximum drawdown of -85.53%. Use the drawdown chart below to compare losses from any high point for NOG and GE.
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Drawdown Indicators
| NOG | GE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.96% | -85.53% | -13.43% |
Max Drawdown (1Y)Largest decline over 1 year | -34.26% | -20.85% | -13.41% |
Max Drawdown (3Y)Largest decline over 3 years | -51.36% | -21.36% | -30.00% |
Max Drawdown (5Y)Largest decline over 5 years | -51.36% | -44.94% | -6.42% |
Max Drawdown (10Y)Largest decline over 10 years | -93.06% | -81.18% | -11.88% |
Current DrawdownCurrent decline from peak | -92.31% | -3.61% | -88.70% |
Average DrawdownAverage peak-to-trough decline | -69.73% | -25.79% | -43.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.88% | 7.72% | +13.16% |
Volatility
NOG vs. GE - Volatility Comparison
Northern Oil and Gas, Inc. (NOG) has a higher volatility of 13.29% compared to General Electric Company (GE) at 11.12%. This indicates that NOG's price experiences larger fluctuations and is considered to be riskier than GE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NOG | GE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.29% | 11.12% | +2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 31.99% | 27.28% | +4.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.90% | 31.66% | +13.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.16% | 31.14% | +18.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.62% | 36.37% | +34.25% |
Dividends
NOG vs. GE - Dividend Comparison
NOG's dividend yield for the trailing twelve months is around 8.81%, more than GE's 0.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GE General Electric Company | 0.47% | 0.47% | 0.67% | 0.25% | 0.38% | 0.34% | 0.37% | 4.12% | 4.89% | 4.81% | 2.94% | 2.95% |
NOG Northern Oil and Gas, Inc. | 8.81% | 8.38% | 4.41% | 4.02% | 2.86% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NOG vs. GE - Financials Comparison
This section allows you to compare key financial metrics between Northern Oil and Gas, Inc. and General Electric Company. 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
NOG and GE have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NOG has higher volatility (13.29%) compared to GE (11.12%). In terms of maximum drawdown, NOG dropped -98.96% vs GE's -85.53%.
GE currently has the higher Sharpe Ratio (1.15 vs -0.67), 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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