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NORTHERN OIL & GAS, INC.

NOG

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Financial Statements

Values in Millions ($)
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Subscriber-only column
Assets
Assets Current
Cash And Cash Equivalents At Carrying Value
483714322634934832813
Accounts Receivable Net Current
378395350334410410390317360331371364
Prepaid Expense And Other Assets
-1977755123323
Derivative Assets Current
318167129109534710120377665
Income Taxes Receivable
18141817121038372330
Assets Current
502473586542588522501519414413509470
Property Plant And Equipm…
Capitalized Costs Oil And…
Capitalized Costs Proved Properties
12,42912,02311,44211,17410,85110,56710,3079,5259,1118,8788,4298,136
Capitalized Costs Unproved Properties
30224486753543432338353737
Property Plant And Equipment Other
---999888887
Property Plant And Equipment Gross
---11,25810,89510,61910,3589,5569,1578,9218,4738,180
Accumulated Depreciation Depletion And Amortizatio…
----6,319-5,802-5,481-5,276-5,076-4,891-4,715-4,542-4,391
Capitalized Costs Accumulated Depreciation Depleti…
-7,440-7,249-6,785----5,272-----
Capitalized Costs Oil And Gas Producing Activities…
5,2915,0194,743---5,078-----
Property Plant And Equipment Other Net
233---4-----
Property Plant And Equipment Net
5,2935,0224,7464,9395,0935,1385,0824,4804,2664,2053,9323,789
Derivative Assets Noncurrent
10531111015411130
Security Deposit
-----4026260170
Other Assets Noncurrent
151674112010111615141517
Assets
5,8285,5155,4095,4945,7025,6755,6045,0554,7254,6344,4844,305
Liabilities And Stockhold…
Liabilities Current
Accounts Payable Current
206235219160174231203152150156193235
Accrued Liabilities Current
399402294335310273291237216162148155
Interest Payable Current
--23--27262827282632
Accrued Income Taxes Current
-----------2
Derivative Liabilities Current
2526201428201718017176
Business Combination Contingent Consideration Liab…
----------00
Other Liabilities Current
--4--5522222
Liabilities Current
630899539495488564544420466428386602
Long Term Line Of Credit
2,7252,5522,3952,3462,3662,3112,3691,9531,8751,9391,8362,057
Deferred Income Tax Liabilities Net
1587624826329927522821111371687
Derivative Liabilities Noncurrent
2561484894867494112159151106190
Asset Retirement Obligations Noncurrent
555351494847464341403837
Other Liabilities Noncurrent
222222223333
Liabilities
3,8333,7303,2833,2503,2893,2733,2832,7422,6562,6322,4372,897
Stockholders Equity
Common Stock Value
110111111110
Additional Paid In Capital Common Stock
1,8031,8251,6451,6921,7311,8201,8771,9421,9952,0682,1251,874
Retained Earnings Accumulated Deficit
195-4248155268158244337172-66-78-467
Additional Paid In Capital
----------2,125-
Stockholders Equity
1,9951,7842,1262,2442,4132,4022,3202,3142,0682,0022,0481,408
Liabilities And Stockholders Equity
5,8285,5155,4095,4945,7025,6755,6045,0554,7254,6344,4844,305
Common Stock Par Or Stated Value Per Share
0.0010.0010.0010.0010.0010.0010.0010.0010.0010.0010.0010.001
Common Stock Shares Authorized
270270270270270270270270270135135135
Shares Outstanding
107106979898999910010010110193

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
2026-15.03%-30.45%-22.36%---------
202510.86%28.64%13.84%0.28%0.12%-12.32%3.61%-0.97%10.79%9.87%-5.09%-5.55%
2024-3.04%-9.88%2.36%-8.29%-14.08%-12.73%5.92%-12.23%-6.51%-16.93%-35.52%-23.85%
2023-------2.87%-2.22%-12.09%9.60%24.55%16.05%

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Performance and Valuation Metrics

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Metrics
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Liquidity Ratios
Current Ratio
0.80
0.53
1.09
1.10
1.21
0.92
0.92
1.23
0.89
0.96
1.32
0.78
Quick Ratio
0.80
0.53
1.09
1.10
1.21
0.92
0.92
1.23
0.89
0.96
1.32
0.78
Working Capital
-128.39M
-426.48M
46.74M
47.14M
100.16M
-42.71M
-43.53M
98.64M
-51.90M
-15.21M
123.65M
-132.87M
Leverage & Debt
Debt to Equity
1.92
2.09
1.54
1.45
1.36
1.36
1.41
1.19
1.28
1.31
1.19
2.06
Interest Coverage TTM
-2.74
-3.72
1.43
2.34
5.72
6.22
5.31
7.98
5.35
5.67
8.27
6.55
Debt Ratio
0.66
0.68
0.61
0.59
0.58
0.58
0.59
0.54
0.56
0.57
0.54
0.67
Efficiency & Turnover
Asset Turnover TTM
0.44
0.43
0.45
0.43
0.44
0.46
0.43
0.42
0.47
0.43
0.52
0.39
Days Sales Outstanding TTM
57.20
60.87
54.52
52.40
61.14
57.33
64.47
62.60
57.52
64.55
61.73
93.84
Receivables Turnover TTM
6.38
6.00
6.69
6.97
5.97
6.37
5.66
5.83
6.35
5.65
5.91
3.89
Per Share Metrics
Diluted EPS TTM
-4.50
-6.33
0.39
1.87
6.12
6.48
5.14
8.31
5.54
5.85
10.03
7.12
Free Cash Flow Per Share TTM
13.04
14.43
15.41
15.27
14.74
14.45
14.11
14.68
13.35
13.00
12.93
12.16
Dividend Per Share TTM
1.69
1.79
1.77
1.77
1.71
1.66
1.62
1.56
1.49
1.38
1.35
1.17
Margin Metrics
Gross Profit Margin TTM
80.31%
79.72%
80.87%
79.25%
80.03%
81.41%
80.03%
79.07%
80.28%
78.13%
81.72%
76.01%
Operating Profit Margin TTM
-18.37%
-26.45%
9.93%
18.19%
42.30%
43.04%
38.93%
59.95%
40.25%
47.53%
59.11%
60.75%
Net Profit Margin TTM
-19.33%
-25.82%
1.57%
7.99%
26.49%
27.47%
24.18%
42.21%
28.51%
34.72%
48.63%
50.35%
Growth Metrics
Net Revenue Growth (1Y)
9.40%
2.36%
15.04%
14.26%
15.95%
37.73%
13.40%
49.65%
23.44%
0.92%
20.84%
-23.05%
Net Income Growth (1Y)
-179.84%
-196.20%
-92.55%
-78.36%
7.71%
8.97%
-43.63%
25.48%
-53.76%
-54.01%
26.83%
-11.95%
EPS Growth (1Y)
-173.95%
-196.26%
-92.39%
-77.84%
10.14%
11.05%
-48.35%
17.00%
-59.05%
-61.12%
8.91%
-25.41%
Valuation Metrics
P/E TTM
-3.95
-4.51
52.08
12.53
4.23
4.20
6.42
3.74
5.79
5.83
3.16
4.76
P/B TTM
0.96
1.58
0.95
1.01
1.07
1.13
1.44
1.35
1.58
1.73
1.42
2.26
P/S TTM
0.76
1.16
0.82
1.00
1.12
1.15
1.55
1.58
1.65
2.02
1.54
2.40
Market Cap
1.92B
2.81B
2.02B
2.27B
2.58B
2.72B
3.34B
3.13B
3.27B
3.46B
2.92B
3.18B
Enterprise Value
1.87B
2.77B
2.00B
2.24B
2.55B
2.69B
3.33B
3.10B
3.27B
3.43B
2.91B
3.16B
Calculated Values
Free Cash Flow TTM
1.38B
1.42B
1.51B
1.48B
1.45B
1.42B
1.41B
1.46B
1.34B
1.31B
1.18B
1.13B
Net Debt
-47.60M
-37.04M
-14.30M
-31.65M
-25.86M
-33.58M
-8.93M
-34.36M
-7.78M
-32.47M
-8.20M
-12.95M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
PEG Ratio
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
EV Revenue TTM
EV FCF TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-06-22Purchase
Owner: Akradi, Bahram
Title: -
Shares: 25,760
Price/Share: $19.40
Value: $499,744.00
Shares Owned: 1,713,444
Relationship: Director
Ownership: Direct
2025-12-11Purchase
Owner: Easley, Roy Ernest
Title: -
Shares: 10,000
Price/Share: $23.38
Value: $233,800.00
Shares Owned: 83,132
Relationship: Director
Ownership: Direct
2025-03-07Purchase
Owner: O'Grady, Nicholas L.
Title: CEO
Shares: 1,000
Price/Share: $27.48
Value: $27,480.00
Shares Owned: 226,189
Relationship: Director,Officer
Ownership: Direct
2025-03-04Purchase
Owner: Akradi, Bahram
Title: -
Shares: 40,000
Price/Share: $28.03
Value: $1,121,200.00
Shares Owned: 1,662,016
Relationship: Director
Ownership: Direct
2025-03-04Purchase
Owner: Lasher, Stuart G.
Title: -
Shares: 20,000
Price/Share: $27.62
Value: $552,400.00
Shares Owned: 40,000
Relationship: Director
Ownership: Indirect

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Institutional Ownership

No data available for chart
2026-03-31
112.77%
Inst. Shares: 111,084,452
Shares Outstanding: 98,502,731
2025-12-31
109.58%
Inst. Shares: 107,076,726
Shares Outstanding: 97,711,444
2025-09-30
115.49%
Inst. Shares: 112,168,737
Shares Outstanding: 97,123,889
2025-06-30
113.70%
Inst. Shares: 111,493,705
Shares Outstanding: 98,060,407
2025-03-31
111.21%
Inst. Shares: 109,611,142
Shares Outstanding: 98,559,724

NORTHERN OIL & GAS, INC. (NOG) — SEC Financial Statements & Analysis

NORTHERN OIL & GAS, INC. (NOG) is a crude petroleum & natural gas company. NORTHERN OIL & GAS, INC. trades on NYSE as: NOG. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), NORTHERN OIL & GAS, INC. reported a 9.40% year-over-year revenue growth, a Gross Profit Margin of 80.31% (TTM), a Debt-to-Equity ratio of 1.92x, a Price-to-Sales (P/S) ratio of 0.76x (TTM), a Price-to-Book (P/B) ratio of 0.96x (TTM), at a market cap of $1.92B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
9.40%
Gross Profit Margin TTM
80.31%
Debt To Equity
1.92x
P/S TTM
0.76x
P/B TTM
0.96x
Market Cap
$1.92B

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is NORTHERN OIL & GAS, INC. in?

NORTHERN OIL & GAS, INC. (NOG) operates in the Crude Petroleum & Natural Gas industry.

What is NOG's market cap?

NORTHERN OIL & GAS, INC. (NOG) has a market capitalization of $1.92B as of 2026-06-30.

What exchange does NOG trade on?

NORTHERN OIL & GAS, INC. (NOG) trades on the NYSE.

Wall Street's data.
Main Street's price.