Mach Natural Resources (MNR) vs Northern Oil and Gas (NOG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Northern Oil and Gas (NOG) has outperformed Mach Natural Resources (MNR) over the past year, gaining 4.7% versus a loss of 19.2%. Northern Oil and Gas is the larger company by market cap ($2.64 billion vs $1.79 billion), about 1.5 times the size, while Mach Natural Resources is growing revenue faster (+21.2% vs +11.2%). On valuation, Northern Oil and Gas trades at a lower forward P/E (5.4x vs 8.2x for Mach Natural Resources).
Mach Natural Resources offers the higher dividend yield (16.78% vs 7.27%). Mach Natural Resources converts more of its revenue into profit, with a net margin of 12.2% versus 1.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MNR | NOG |
|---|---|---|
| Share price | $10.73 | $24.76 |
| Market cap | $1.79B | $2.64B |
| 1-day change | +0.56% | -1.51% |
| YTD return | -3.35% | +15.32% |
| 1-year return | -19.23% | +4.74% |
| 5-year return | — | -0.20% |
| P/E ratio (TTM) | 17.88 | — |
| Forward P/E | 8.21 | 5.44 |
| EPS (TTM) | $0.60 | $-4.85 |
| Dividend yield | 16.78% | 7.27% |
| Annual dividend | $1.80 | $1.80 |
| Revenue (latest FY) | $1.18B | $2.48B |
| Revenue growth (YoY) | +21.22% | +11.23% |
| Net income (latest FY) | $142.98M | $38.76M |
| Gross margin | — | 80.87% |
| Operating margin | 20.84% | 9.93% |
| Net margin | 12.16% | 1.57% |
| 52-week high | $15.02 | $31.17 |
| 52-week low | $10.15 | $17.18 |
| Distance from 52-week high | -28.56% | -20.56% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +54.99% | +22.94% |
| Average volume | 648.06K | 2.34M |
| Shares outstanding | 166.95M | 106.55M |
| Employees | 840 | 64 |
| Sector | Energy | Energy |
| Industry | Oil & Gas Production | Oil & Gas Production |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- NOG has outperformed MNR by 24.0 percentage points over the past year.
- Mach Natural Resources offers a meaningfully higher dividend yield (16.78% vs 7.27%).
- Mach Natural Resources is more profitable, keeping 12.2 cents of every revenue dollar as net income versus 1.6 cents for Northern Oil and Gas.
- Mach Natural Resources grew revenue faster in its latest fiscal year (+21.22% vs +11.23%).
About Mach Natural Resources
MNR stock →Mach Natural Resources LP, an independent upstream oil and gas company, focuses on the acquisition, development, and production of oil, natural gas, and natural gas liquids (NGL) reserves. The company owns a portfolio of midstream assets, as well as owns gathering systems, processing plants.
Energy · Oil & Gas Production · 840 employees
About Northern Oil and Gas
NOG stock →Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. Northern Oil and Gas, Inc.
Energy · Oil & Gas Production · 64 employees
MNR vs NOG FAQ
Which is bigger, Mach Natural Resources or Northern Oil and Gas?
Northern Oil and Gas (NOG) is larger, with a market capitalization of $2.64B compared with $1.79B for Mach Natural Resources (MNR).
Which stock has performed better over the past year, MNR or NOG?
NOG returned +4.74% over the past 12 months, compared with -19.23% for MNR (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Mach Natural Resources or Northern Oil and Gas?
Mach Natural Resources has the higher yield at 16.78%, compared with 7.27% for Northern Oil and Gas.
Are Mach Natural Resources and Northern Oil and Gas in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.