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 -1.19%/yr vs 7.63%/yr for NOG. A 0.67 correlation means they provide meaningful diversification when combined.
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 4.51% return.
TALO
- 1D
- 1.47%
- 1M
- -6.30%
- YTD
- 37.75%
- 6M
- 28.86%
- 1Y
- 80.29%
- 3Y*
- 3.43%
- 5Y*
- -1.19%
- 10Y*
- —
NOG
- 1D
- 0.32%
- 1M
- -17.50%
- YTD
- 4.51%
- 6M
- -4.15%
- 1Y
- -17.97%
- 3Y*
- -6.21%
- 5Y*
- 7.63%
- 10Y*
- -4.75%
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% | -55.10% |
NOG Northern Oil and Gas, Inc. | 4.51% | -38.20% | 4.84% | 25.54% | 54.51% | 136.72% | -62.56% | 3.54% | 1.35% |
Correlation
The correlation between TALO and NOG is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since May 11, 2018 | 0.67 |
The correlation between TALO and NOG shifts across timeframes, from 0.67 (all time) to 0.83 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
TALO:
$2.56B
NOG:
$2.18B
TALO:
-$4.28
NOG:
-$6.32
TALO:
1.51
NOG:
1.43
TALO:
1.36
NOG:
1.22
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.
| TALO | NOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.06 | ||
| Sortino ratioReturn per unit of downside risk | +2.38 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.97 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 4.36 | -0.53 | +4.88 |
| Martin ratioReturn relative to average drawdown | 10.94 | -0.88 | +11.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TALO | NOG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | -0.40 | +2.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | 0.16 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.07 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.16 | -0.03 | -0.13 |
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 | -18.53% | -34.26% | +15.73% |
Max Drawdown (3Y)Largest decline over 3 years | -63.16% | -51.36% | -11.80% |
Max Drawdown (5Y)Largest decline over 5 years | -74.63% | -51.36% | -23.27% |
Max Drawdown (10Y)Largest decline over 10 years | — | -93.06% | — |
Current DrawdownCurrent decline from peak | -59.49% | -91.67% | +32.18% |
Average DrawdownAverage peak-to-trough decline | -58.58% | -69.72% | +11.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.38% | 20.34% | -12.96% |
Volatility
TALO vs. NOG - Volatility Comparison
Talos Energy Inc. (TALO) and Northern Oil and Gas, Inc. (NOG) have volatilities of 13.56% and 13.35%, 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 | 13.56% | 13.35% | +0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 37.55% | 31.73% | +5.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.93% | 45.11% | +3.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.94% | 49.10% | +6.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.39% | 70.67% | -6.28% |
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 8.14%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
NOG Northern Oil and Gas, Inc. | 8.14% | 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 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TALO has higher volatility (13.56%) compared to NOG (13.35%). In terms of maximum drawdown, TALO dropped -86.34% vs NOG's -98.96%.
TALO currently has the higher Sharpe Ratio (1.66 vs -0.40), 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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