MetaCap

Northern Oil and Gas (NOG) vs Seadrill (SDRL)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Seadrill (SDRL) has outperformed Northern Oil and Gas (NOG) over the past year, gaining 47.3% versus a gain of 1.7%. Seadrill is the larger company by market cap ($2.91 billion vs $2.66 billion), about 1.1 times the size, while Northern Oil and Gas is growing revenue faster (+11.2% vs +3.8%). On valuation, Northern Oil and Gas trades at a lower forward P/E (5.5x vs 13.8x for Seadrill).

Northern Oil and Gas pays a dividend yielding 7.20%, while Seadrill does not currently pay one. Northern Oil and Gas converts more of its revenue into profit, with a net margin of 1.6% versus -5.4%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

NOG+1.70%SDRL+47.30%
+82%+24%-35%
Oct 8, 20251 yearOct 8, 2026
NOG-21.09%SDRL+72.15%
+115%+32%-51%
Oct 10, 20225 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

NOG versus SDRL key metrics
MetricNOGSDRL
Share price$25.01$46.53
Market cap$2.66B$2.91B
1-day change-0.52%+1.99%
YTD return+17.09%+31.85%
1-year return+1.70%+47.30%
5-year return-0.20%—
Forward P/E5.4913.85
EPS (TTM)$-4.85$0.03
Dividend yield7.20%0.00%
Annual dividend$1.80$0.00
Revenue (latest FY)$2.48B$1.44B
Revenue growth (YoY)+11.23%+3.75%
Net income (latest FY)$38.76M$-77.00M
Gross margin80.87%—
Operating margin9.93%3.27%
Net margin1.57%-5.36%
52-week high$31.17$55.47
52-week low$17.18$28.10
Distance from 52-week high-19.76%-16.12%
Analyst consensusbuybuy
Avg. price target upside+21.71%+16.05%
Average volume2.34M632.97K
Shares outstanding106.55M62.54M
Employees643,000
SectorEnergyEnergy
IndustryOil & Gas ProductionOil & 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

  • SDRL has outperformed NOG by 45.6 percentage points over the past year.
  • Northern Oil and Gas offers a meaningfully higher dividend yield (7.20% vs 0.00%).
  • Northern Oil and Gas is more profitable, keeping 1.6 cents of every revenue dollar as net income versus -5.4 cents for Seadrill.
  • Northern Oil and Gas grew revenue faster in its latest fiscal year (+11.23% vs +3.75%).

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

About Seadrill

SDRL stock →

Seadrill Limited provides offshore drilling services to the oil and gas industry worldwide. The company owns and operates floaters, such as drillships and semi-submersible rigs for operations in shallow and ultra-deep water in benign and harsh environments.

Energy · Oil & Gas Production · 3,000 employees

NOG vs SDRL FAQ

Which is bigger, Northern Oil and Gas or Seadrill?

Seadrill (SDRL) is larger, with a market capitalization of $2.91B compared with $2.66B for Northern Oil and Gas (NOG).

Which stock has performed better over the past year, NOG or SDRL?

SDRL returned +47.30% over the past 12 months, compared with +1.70% for NOG (price return, excluding dividends). Past performance does not predict future results.

Which pays a higher dividend, Northern Oil and Gas or Seadrill?

Northern Oil and Gas pays a dividend yielding 7.20%, while Seadrill does not currently pay a regular dividend.

Are Northern Oil and Gas and Seadrill in the same industry?

Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.

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