Northern Oil and Gas (NOG) - Net assets

Net assets on the balance sheet as of June 2024 : HK$16.12 B

According to Northern Oil and Gas's latest financial reports the company has HK$16.12 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Northern Oil and Gas - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$15.99 B	174.65%
2022-12-31	$HK$5.82 B	247.12%
2021-12-31	$HK$1.67 B	-196.88%
2020-12-31	$-HK$1.74 B	-139.79%
2019-12-31	$HK$4.35 B	29.26%
2018-12-31	$HK$3.36 B	-187.78%
2017-12-31	$-HK$3.84 B	1.46%
2016-12-31	$-HK$3.78 B	146.8%
2015-12-31	$-HK$1.54 B	-125.61%
2014-12-31	$HK$5.98 B	24.43%
2013-12-31	$HK$4.80 B	5.79%
2012-12-31	$HK$4.54 B	17.81%
2011-12-31	$HK$3.85 B	13.85%
2010-12-31	$HK$3.38 B	253.52%
2009-12-31	$HK$0.95 B	149.63%
2008-12-31	$HK$0.38 B	174.66%
2007-12-31	$HK$0.13 B	-48493.87%
2006-12-31	$-HK$0.29 M	20.89%
2005-12-31	$-HK$0.24 M	-21.63%
2004-12-31	$-HK$0.31 M	191.7%
2003-12-31	$-HK$0.11 M	26.54%
2002-12-31	$-HK$0.09 M	39.79%
2001-12-31	$-HK$0.06 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Earthstone Energy ESTE	HK$20.12 B	24.83%	🇺🇸 USA
EOG Resources EOG	HK$227.29 B	1,309.80%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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