SBLK vs. NOG
SBLK (Star Bulk Carriers Corp.) and NOG (Northern Oil and Gas, Inc.) are both stocks. SBLK operates in Marine Shipping (Industrials), while NOG operates in Oil & Gas E&P (Energy). Over the past 10 years, SBLK returned 29.20%/yr vs -2.51%/yr for NOG. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
SBLK vs. NOG - Performance Comparison
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Returns By Period
In the year-to-date period, SBLK achieves a 54.81% return, which is significantly higher than NOG's 2.37% return. Over the past 10 years, SBLK has outperformed NOG with an annualized return of 29.20%, while NOG has yielded a comparatively lower -2.51% annualized return.
SBLK
- 1D
- -1.37%
- 1M
- 15.88%
- 6M
- 29.65%
- YTD
- 54.81%
- 1Y
- 64.26%
- 3Y*
- 25.32%
- 5Y*
- 21.92%
- 10Y*
- 29.20%
- ALL TIME*
- -9.41%
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) |
|---|---|---|---|
| $54.84M | $61.54M | $65.18M | |
| $36.73M | $32.98M | $35.30M |
SBLK vs. NOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SBLK Star Bulk Carriers Corp. | 54.81% | 30.76% | -21.04% | 19.24% | 8.50% | 185.15% | -24.77% | 29.82% | -18.83% | 120.35% |
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 SBLK and NOG is 0.15, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.15 |
Correlation (3Y) Balances recent behavior with more history. | 0.20 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.26 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.27 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2007 | 0.28 |
The correlation between SBLK and NOG shifts across timeframes, from 0.15 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.
Fundamentals
SBLK:
$3.21B
NOG:
$2.30B
SBLK:
$1.25
NOG:
-$6.34
SBLK:
2.98
NOG:
1.37
SBLK:
1.32
NOG:
1.17
SBLK:
$1.09B
NOG:
$1.52B
SBLK:
$377.07M
NOG:
$450.66M
SBLK:
$377.39M
NOG:
$73.21M
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Return for Risk
SBLK vs. NOG — Risk / Return Rank
SBLK
NOG
SBLK vs. NOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Star Bulk Carriers Corp. (SBLK) 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.
| SBLK | NOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.45 | ||
| Sortino ratioReturn per unit of downside risk | +2.95 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 0.96 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 3.69 | -0.46 | +4.15 |
| Martin ratioReturn relative to average drawdown | 9.75 | -1.03 | +10.77 |
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Drawdowns
SBLK vs. NOG - Drawdown Comparison
The maximum SBLK drawdown since its inception was -99.76%, roughly equal to the maximum NOG drawdown of -98.96%. Use the drawdown chart below to compare losses from any high point for SBLK and NOG.
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Drawdown Indicators
| SBLK | NOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.76% | -98.96% | -0.80% |
Max Drawdown (1Y)Largest decline over 1 year | -17.49% | -41.43% | +23.94% |
Max Drawdown (3Y)Largest decline over 3 years | -48.44% | -55.08% | +6.64% |
Max Drawdown (5Y)Largest decline over 5 years | -48.44% | -55.08% | +6.64% |
Max Drawdown (10Y)Largest decline over 10 years | -73.77% | -92.15% | +18.38% |
Current DrawdownCurrent decline from peak | -93.01% | -91.84% | -1.17% |
Average DrawdownAverage peak-to-trough decline | -82.76% | -69.89% | -12.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.61% | 19.41% | -12.80% |
Volatility
SBLK vs. NOG - Volatility Comparison
The current volatility for Star Bulk Carriers Corp. (SBLK) is 12.52%, while Northern Oil and Gas, Inc. (NOG) has a volatility of 16.52%. This indicates that SBLK 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
| SBLK | NOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.52% | 16.52% | -4.00% |
Volatility (6M)Calculated over the trailing 6-month period | 24.80% | 33.58% | -8.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.63% | 46.31% | -14.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.59% | 49.16% | -6.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.77% | 70.52% | -18.75% |
Dividends
SBLK vs. NOG - Dividend Comparison
SBLK's dividend yield for the trailing twelve months is around 3.58%, less than NOG's 8.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
NOG Northern Oil and Gas, Inc. | 8.51% | 8.38% | 4.41% | 4.02% | 2.86% | 0.75% | 0.00% | 0.00% |
SBLK Star Bulk Carriers Corp. | 3.58% | 1.56% | 16.72% | 7.38% | 33.80% | 9.93% | 0.57% | 0.42% |
Financials
SBLK vs. NOG - Financials Comparison
This section allows you to compare key financial metrics between Star Bulk Carriers Corp. 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
SBLK and NOG have a correlation of 0.15, 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 SBLK (12.52%). In terms of maximum drawdown, SBLK dropped -99.76% vs NOG's -98.96%.
SBLK currently has the higher Sharpe Ratio (2.04 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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