TALO vs. NOG
TALO (Talos Energy Inc.) 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 5 years, TALO returned 5.64%/yr vs 10.39%/yr for NOG. Their 0.67 correlation means they have sometimes moved together and sometimes differently.
Performance
TALO vs. NOG - Performance Comparison
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Returns By Period
In the year-to-date period, TALO achieves a 37.75% return, which is significantly higher than NOG's 0.05% return.
TALO
- 1D
- 3.97%
- 1M
- 11.70%
- 6M
- 27.35%
- YTD
- 37.75%
- 1Y
- 91.18%
- 3Y*
- -1.68%
- 5Y*
- 5.64%
- 10Y*
- —
- ALL TIME*
- -9.66%
NOG
- 1D
- -2.27%
- 1M
- 15.15%
- 6M
- -10.24%
- YTD
- 0.05%
- 1Y
- -10.93%
- 3Y*
- -16.60%
- 5Y*
- 10.39%
- 10Y*
- -3.85%
- ALL TIME*
- -2.19%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $53.50M | $60.69M | $65.20M | |
| $29.89M | $27.79M | $28.88M |
TALO vs. NOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
TALO Talos Energy Inc. | 37.75% | 13.49% | -31.76% | -24.63% | 92.65% | 18.93% | -72.67% | 84.74% | -53.37% |
NOG Northern Oil and Gas, Inc. | 0.05% | -38.20% | 4.84% | 25.54% | 54.51% | 136.72% | -62.56% | 3.54% | 3.20% |
Correlation
The correlation between TALO and NOG is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.78 |
Correlation (3Y) Balances recent behavior with more history. | 0.74 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.74 |
Correlation (All Time) Calculated using the full available price history since May 10, 2018 | 0.67 |
The correlation between TALO and NOG shifts across timeframes, from 0.67 (all time) to 0.78 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
TALO:
$2.53B
NOG:
$2.25B
TALO:
-$4.31
NOG:
-$6.34
TALO:
1.50
NOG:
1.34
TALO:
1.36
NOG:
1.14
TALO:
$1.74B
NOG:
$1.52B
TALO:
$40.64M
NOG:
$450.66M
TALO:
$480.10M
NOG:
$73.21M
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Return for Risk
TALO vs. NOG — Risk / Return Rank
TALO
NOG
TALO vs. NOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Talos Energy Inc. (TALO) 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.
| TALO | NOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.81 | ||
| Sortino ratioReturn per unit of downside risk | +2.05 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 0.99 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 3.51 | -0.26 | +3.78 |
| Martin ratioReturn relative to average drawdown | 9.46 | -0.59 | +10.05 |
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Drawdowns
TALO vs. NOG - Drawdown Comparison
The maximum TALO drawdown since its inception was -86.34%, smaller than the maximum NOG drawdown of -98.96%. Use the drawdown chart below to compare losses from any high point for TALO and NOG.
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Drawdown Indicators
| TALO | NOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.34% | -98.96% | +12.62% |
Max Drawdown (1Y)Largest decline over 1 year | -22.18% | -41.43% | +19.25% |
Max Drawdown (3Y)Largest decline over 3 years | -63.16% | -55.08% | -8.08% |
Max Drawdown (5Y)Largest decline over 5 years | -74.63% | -55.08% | -19.55% |
Max Drawdown (10Y)Largest decline over 10 years | — | -92.15% | — |
Current DrawdownCurrent decline from peak | -59.49% | -92.02% | +32.53% |
Average DrawdownAverage peak-to-trough decline | -58.62% | -69.89% | +11.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.35% | 18.63% | -10.28% |
Volatility
TALO vs. NOG - Volatility Comparison
Talos Energy Inc. (TALO) and Northern Oil and Gas, Inc. (NOG) have volatilities of 15.93% and 16.76%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TALO | NOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.93% | 16.76% | -0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 39.84% | 33.64% | +6.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.93% | 45.08% | +4.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.62% | 49.13% | +6.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.18% | 70.52% | -6.34% |
Dividends
TALO vs. NOG - Dividend Comparison
TALO has not paid dividends to shareholders, while NOG's dividend yield for the trailing twelve months is around 8.71%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
NOG Northern Oil and Gas, Inc. | 8.71% | 8.38% | 4.41% | 4.02% | 2.86% | 0.75% |
TALO Talos Energy Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TALO vs. NOG - Financials Comparison
This section allows you to compare key financial metrics between Talos Energy Inc. 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
TALO and NOG have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NOG has higher volatility (16.76%) compared to TALO (15.93%). In terms of maximum drawdown, TALO dropped -86.34% vs NOG's -98.96%.
TALO currently has the higher Sharpe Ratio (1.57 vs -0.24), 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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