NOG - NYSE

Northern Oil and Gas, Inc.

NOG·NYSE

$22.11

-1.2%

EnergyOil & Gas Exploration & Production

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. The company primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States. As of December 31, 2021, it owned working interests in 7,436 gross producing wells; and had proved reserves of 287,682 million barrels of oil equivalent. The company is based in Minnetonka, Minnesota.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$2.34B

EPS0.4000

P/E Ratio55.27

Earnings Date07/30/2026

5.41B

Assets

-3%

3Y+88.0%

5Y+520.0%

10Y+1154.0%

3.28B

Total Liabilities

3Y+54.0%

5Y+200.0%

10Y+257.0%

2.13B

Total Equity

-8%

3Y+185.0%

5Y-1052.0%

10Y-536.0%

Northern Oil and Gas, Inc. Funding & Solvency Profile

NOG · NYSE

Current Assets

Cash & Cash Equivalents14.30M

Net Receivables349.93M

Inventory0.00

Other Current Assets221.81M

Total Current Assets586 M

Non-Current Assets

Property, Plant & Equipment3.20M

Goodwill & Intangible Assets0.00

Long-Term Investments3.04M

Other Non-Current Assets4.82B

Total Non-Current Assets5 B

Total Assets

5.41B

Financial Health Analysis

Current Ratio

1.09x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

1.54x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

47 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

11% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Northern Oil and Gas, Inc. Balance Sheet

NOG • NYSE

Northern Oil and Gas, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	14.3M	8.9M	8.2M	2.5M	9.5M	1.4M	16.1M	2.4M	102.2M	6.5M	3.4M	9.3M	5.7M	13.4M	6.3M	152.1M	6.2M	780.7K	10.1M	0.0
Short-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	39.7M	24.9M	0.0	0.0	0.0
Cash & Short-Term Investments	14.3M	8.9M	8.2M	2.5M	9.5M	1.4M	16.1M	2.4M	102.2M	6.5M	3.4M	9.3M	5.7M	13.4M	6.3M	191.8M	31.1M	780.7K	10.1M	0.0
Net Receivables	349.9M	427.7M	373.8M	271.7M	193.6M	71M	108.5M	96.4M	47.6M	37.2M	51.4M	85.9M	86.8M	70.2M	68.9M	22M	7M	2.9M	0.0	0.0
Accounts Receivables	349.9M	389.7M	370.5M	271.3M	193.6M	71M	108.3M	96.4M	46.9M	35.8M	51.4M	85.9M	86.8M	70.2M	51.4M	22M	7M	2M	0.0	0.0
Other Receivables	0.0	38.1M	3.2M	338K	0.0	0.0	210K	1.2M	785K	1.4M	0.0	0.0	0.0	0.0	17.5M	0.0	0.0	874.5K	0.0	0.0
Inventory	0.0	0.0	0.0	0.0	0.0	0.0	0.0	116.1M	605K	1.6M	66.3M	129.8M	11.1M	9.5M	22.5M	18.7M	3.7M	1.5M	0.0	0.0
Prepaids	0.0	12.3M	49.2M	9M	6.3M	476K	893K	12.4M	605K	1.6M	892.9K	895.1K	770.7K	3.1M	18M	13.6M	1.6M	76.1K	390K	1K
Other Current Assets	221.8M	51.8M	78.2M	37.3M	5.9M	52.7M	7.6M	128.2M	2.3M	1.6M	66.3M	129.8M	11.1M	7.5M	4.8M	5.6M	2.3M	1.4M	0.0	0.0
Total Current Assets	586M	500.7M	509.4M	320.5M	215.3M	125.6M	133M	228.4M	152.8M	46.9M	128.8M	226M	104.4M	94.2M	80.5M	233M	42M	5.2M	10.5M	0.0
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	3.2M	5.1B	3.9B	2.5B	1.3B	735.2M	1.7B	1.2B	473.2M	376.2M	589.3M	1.8B	1.4B	1.1B	643.7M	275.3M	92.2M	55.2M	7.6M	0.0
Goodwill & Intangible Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-66.9M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Long-Term Investments	3M	9.8M	0.0	15.7M	0.0	0.0	0.0	66.9M	0.0	6.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Assets	0.0	0.0	0.0	0.0	0.0	0.0	210K	420K	785K	0.0	0.0	0.0	10.4B	1.7B	4.5B	5.1M	2.1M	33K	0.0	0.0
Other Non-Current Assets	4.8B	11.1M	43.3M	56M	54.2M	11.3M	23.6M	72.1M	5.5M	1.6M	15.8M	38.8M	-10.4B	-1.7B	-4.5B	-3.7M	-629.9K	2.4M	0.0	0.0
Total Non-Current Assets	4.8B	5.1B	4B	2.6B	1.3B	746.5M	1.8B	1.3B	479.5M	384.6M	605.1M	1.8B	1.4B	1.1B	645.1M	276.7M	93.6M	57.7M	7.6M	0.0
Total Assets	5.4B	5.6B	4.5B	2.9B	1.5B	872.1M	1.9B	1.5B	632.3M	431.5M	733.9M	2B	1.5B	1.2B	725.6M	509.7M	135.6M	62.9M	18.1M	0.0
LIABILITIES
CURRENT LIABILITIES
Total Payables	218.6M	202.9M	192.7M	128.6M	65.5M	35.8M	69.4M	55M	93.2M	56.1M	65.3M	231.6M	168.9M	95.8M	110.1M	48.5M	6.4M	1.9M	113.3K	1.1K
Accounts Payable	218.6M	202.9M	192.7M	128.6M	65.5M	35.8M	69.4M	55M	93.2M	56.1M	65.3M	231.6M	168.9M	95.8M	110.1M	48.5M	6.4M	1.9M	113.3K	1.1K
Accrued Expenses	0.0	316.8M	174.2M	146.1M	126.1M	77M	122M	99.7M	11.2M	10.8M	12.6M	10.2M	6M	4.6M	164.2K	2.8K	317K	1.3M	111K	0.0
Short Term Debt	0.0	0.0	0.0	0.0	0.0	65M	0.0	18.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	834.5K	1.7M	0.0	37.5K
Deferred Revenue	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-18.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	317K	9.7M	0.0	-37.5K
Other Current Liabilities	320.7M	24.6M	18.9M	70.3M	136M	4.7M	12.1M	58.6M	19.2M	10.5M	188.8K	43.9M	19.1M	0.0	9.4M	11.2M	1.3M	18.6K	0.0	0.0
Total Current Liabilities	539.3M	544.3M	385.8M	345M	327.6M	182.5M	203.5M	231.5M	123.6M	77.4M	78.1M	285.7M	194.1M	100.5M	119.7M	59.7M	8.9M	13.4M	224.2K	38.6K
NON-CURRENT LIABILITIES
Long Term Debt	2.4B	2.4B	1.8B	1.5B	803.4M	879.8M	1.1B	830.2M	979.3M	832.6M	835.3M	806.1M	584.5M	424M	69.9M	0.0	500K	0.0	0.0	0.0
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-694.8M	0.0	0.0	0.0	579.1K	637.2K	2.5M	2.6M	0.0	0.0	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	247.6M	228M	68.5M	0.0	0.0	0.0	0.0	104.6K	0.0	0.0	0.0	158.4M	116.7M	76.2M	35.9M	9.2M	2.4M	0.0	0.0	0.0
Other Non-Current Liabilities	100.7M	141.8M	146.8M	259.5M	176.7M	33.1M	25.2M	12.1M	20.2M	8.9M	5.6M	5.7M	4.5M	4.1M	959.4K	5.5M	1.7M	3.6M	0.0	0.0
Total Non-Current Liabilities	2.7B	2.7B	2.1B	1.8B	980.2M	912.9M	1.1B	842.3M	999.5M	841.5M	853.4M	970.2M	705.7M	504.3M	109.4M	14.7M	3.1M	3.6M	113.3K	38.6K
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-3.6M	-113.3K	-38.6K
Total Liabilities	3.3B	3.3B	2.4B	2.1B	1.3B	1.1B	1.3B	1.1B	1.1B	919M	931.5M	1.3B	899.8M	604.8M	229M	74.3M	12M	13.4M	224.2K	38.6K
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	0.0	0.0	0.0	2K	2K	2K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Common Stock	499K	501K	503K	487K	479K	448K	406K	378.3K	66.8K	63.3K	63.1K	61.1K	61.9K	63.5K	63.3K	62.1K	43.9K	34.1K	28.7K	2.4K
Additional Paid-In Capital	1.6B	1.9B	2.1B	1.7B	2B	1.6B	1.4B	1.2B	449.7M	443.9M	440.2M	433.3M	446M	465.5M	448.2M	428.5M	124.9M	51.7M	22.3M	38.6K
Retained Earnings	481.3M	442.5M	-77.8M	-1B	-1.8B	-1.8B	-873.2M	-796.9M	-940.6M	-931.4M	-637.9M	337.5M	173.7M	120.7M	48.4M	7.8M	841.9K	-2M	-4.4M	-2.1M
Accumulated Other Comprehensive Income/Loss	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-2.2B	-2.1B	-2.1B	-1.8B	-458M	-285.6M	-162M	-62.3K	-945.9K	-2.2M	-240.8K	0.0	0.0
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.1B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2M
Total Stockholders' Equity	2.1B	2.3B	2B	745.3M	215.1M	-223.3M	558.6M	429.9M	-490.8M	-487.4M	-197.6M	770.9M	619.8M	586.2M	496.6M	435.4M	123.6M	49.5M	17.9M	-38.6K
Total Equity	2.1B	2.3B	2B	745.3M	215.1M	-223.3M	558.6M	429.9M	-490.8M	-487.4M	-197.6M	770.9M	619.8M	586.2M	496.6M	435.4M	123.6M	49.5M	17.9M	-38.6K
SUMMARY
Total Liabilities & Equity	5.4B	5.6B	4.5B	2.9B	1.5B	872.1M	1.9B	1.5B	632.3M	431.5M	733.9M	2B	1.5B	1.2B	725.6M	509.7M	135.6M	62.9M	18.1M	0.0
Total Investments	3M	9.8M	0.0	15.7M	0.0	0.0	0.0	66.9M	0.0	6.8M	0.0	0.0	0.0	0.0	0.0	39.7M	24.9M	0.0	0.0	0.0
Total Debt	2.4B	2.4B	1.8B	1.5B	803.4M	944.8M	1.1B	830.2M	979.3M	832.6M	847.8M	806.1M	584.5M	424M	69.9M	0.0	1.3M	1.7M	0.0	37.5K
Net Debt	2.4B	2.4B	1.8B	1.5B	793.9M	943.4M	1.1B	827.8M	877.1M	826.1M	844.4M	796.7M	578.9M	410.6M	63.6M	-152.1M	-4.9M	870K	-10.1M	37.5K
Shares Outstanding	97,594,700	97,594,700	97,594,700	97,594,700	97,594,700	97,594,700	97,594,700	97,594,700	97,594,700	97,594,700	97,594,700	97,594,700	97,594,700	97,594,700	97,594,700	97,594,700	97,594,700	97,594,700	97,594,700	97,594,700

SEC Filings

NOG - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	June 02, 2026	June 02, 2026	2026	View Filing
8-K 8-K 2026 N/A	June 01, 2026	June 01, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 26, 2026	May 21, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 26, 2026	May 22, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	April 29, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 28, 2026	April 28, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 10, 2026	April 10, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 13, 2026	March 11, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 26, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 25, 2026	February 25, 2026	2026	View Filing

Showing 1 to 10 of 443 filings

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