7 of 100
7. Northern Oil and Gas
Northern Oil and Gas

3-year average
Revenue Growth: 237%
Profit Growth: 122%
Total Return: 36%

Riding high on the hydraulic fracturing wave, Northern Oil and Gas went on a spending spree last year, snapping up properties in the Bakken and Three Forks plays of North Dakota and Montana. By the end of 2011, the company's proved reserves were up 198% from where they were at the end of 2010. This year, first and second quarter sales were up 151% and 99% year-on-year, respectively, as production was ramped up to capitalize on rising oil prices. And there's no sign of any slowdown. Northern Oil completed another 162 wells in the second quarter, bringing their total number of producing wells to 955, with an additional 150 in the works. -- N.S.

Get stock quote: NOG
Revenue ($ millions): $212
Net Income ($ millions): $56
Sectors: Energy
What businesses do you think are primed to grow in this economy?
From the September 24, 2012 issue.

Northern Oil and Gas 237%
ZAGG 104%
Green Mountain Coffee Roasters 78%
Cirrus Logic 450%
HFF 341%
Questcor Pharmaceuticals 120%
3D Systems 112%
TPC Group 111%
To qualify, a company -- domestic or foreign -- must be trading on a major U.S. stock exchange; file quarterly reports to the SEC; have a minimum market... More
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.