Northern Oil and Gas, Inc.

Northern Oil and Gas, Inc.

NOGยทNYSE

$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.

At a Glance

Live Snapshot
Market Cap$2.34B
EPS0.4000
P/E Ratio55.27
Earnings Date07/30/2026
3Y+6.0%
5Y+546.0%
10Y+1212.0%
3Y-95.0%
5Y-104.0%
10Y-113.0%
3Y+62.0%
5Y+354.0%
10Y+1377.0%
Northern Oil and Gas, Inc.

Northern Oil and Gas, Inc. Profit Bridge

NOG ยท NYSE
Revenue2.10B
Cost of Goods Sold (1.42B)
Gross Profit675.20M
Operating Expenses (61.33M)
Operating Income613.87M
Interest Expense (172.38M)
Other Income/Expense-551.16M
Pretax Income62.70M
Income Tax (23.94M)
Net Income38.76M
Net Income
38.76M

Profitability Analysis

Gross Margin

32.2%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

29.3%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

1.9%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

38.2%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Interest or tax burden: Strong operational performance but thin net margins indicate high interest expenses or unfavorable tax position eating into profits.

Northern Oil and Gas, Inc. Income Statement

NOG โ€ข NYSE

Northern Oil and Gas, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
2.1B
2.2B
1.9B
2B
975.1M
324.1M
601.2M
493.9M
224M
159.7M
202.7M
431.6M
369.2M
296.8M
159.7M
59.6M
14.2M
3.5M
0.0
0.0
GROSS PROFIT
(1.4B)
(1.3B)
(993.1M)
(670.1M)
(388.6M)
(308.2M)
(386.9M)
(231.7M)
(129.8M)
(122.4M)
(211.4M)
(272.3M)
(201.2M)
(32.4M)
(27.3M)
(25.8M)
(2.1M)
(71K)
(2.4M)
(0.0)
675.2M
836M
913.9M
1.3B
586.5M
15.8M
214.4M
262.2M
94.1M
37.3M
-8.8M
159.4M
168M
137.1M
91.2M
42.7M
12.2M
3.5M
0.0
0.0
OPERATING INCOME
(61.3M)
-1.9M
-208M
(462.5M)
(508.5M)
(857.1M)
(158.9M)
(14.6M)
(19M)
(327.8M)
(1.2B)
(27.1M)
(51.5M)
(22.7M)
(24M)
(22.2M)
(6.8M)
(2.4M)
(4.5M)
(7.8K)
(61.3M)
(50.5M)
(46.8M)
(47.2M)
(30.3M)
(18.5M)
(23.6M)
(14.6M)
(19M)
(14.8M)
(19M)
(17.6M)
(16.6M)
(17.1M)
(13.6M)
(7.2M)
(2.5M)
(2.1M)
(4.5M)
(7.8K)
613.9M
837.8M
1.1B
853.2M
78M
-841.2M
55.5M
432.6M
60.5M
-229.3M
-1.1B
305.2M
118M
134.6M
77.6M
11.5M
4.1M
1.2M
-4.5M
-7.8K
PRE-TAX INCOME
(172.4M)
(157.7M)
(135.7M)
(80.3M)
(59M)
(58.5M)
(80.7M)
(86.9M)
(70.3M)
(64.5M)
(58.4M)
(42.1M)
(32.7M)
(13.9M)
(586K)
(583.4K)
(535.1K)
(0.0)
(0.0)
(0.0)
-172.4M
-157.7M
-135.7M
-80.3M
-59M
-58.5M
-80.7M
-86.9M
-70.3M
-64.5M
-58.4M
-42.1M
-32.7M
-13.9M
-586K
-110K
-343K
0.0
0.0
0.0
(0.0)
-52.3M
-254.8M
(415.3M)
(478.2M)
(838.5M)
(135.2M)
(891K)
(20.9K)
-1.1M
-30.1K
-43.7M
(33.5M)
-28.5M
(41.2M)
(17.1M)
(4.3M)
(276.9K)
(0.0)
(0.0)
-551.2M
-157M
-121.1M
-76.9M
-71.4M
-65M
-131.8M
-104M
-71.3M
-65.6M
-58.4M
-42.1M
-33.2M
-19.4M
-10.1M
-169K
136K
383.9K
207.9K
0.0
62.7M
680.8M
1B
776.3M
6.6M
-906.2M
-76.3M
143.6M
-10.8M
-294.9M
-1.2B
263.1M
84.8M
115.3M
67.4M
11.3M
4.3M
1.6M
-4.3M
-7.8K
NET INCOME
(23.9M)
(160.5M)
(77.8M)
(3.1M)
(233K)
-166K
(0.0)
-55K
-1.6M
-1.4M
-202.4M
(99.4M)
(31.8M)
(43M)
(26.8M)
(4.4M)
(1.5M)
-830K
(0.0)
(0.0)
38.8M
520.3M
923M
773.2M
6.4M
-906M
-76.3M
143.7M
-9.2M
-293.5M
-975.4M
163.7M
53.1M
72.3M
40.6M
6.9M
2.8M
2.4M
-4.3M
-7.8K

SEC Filings

NOG - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 02, 2026
June 02, 2026
2026
8-K

8-K 2026

N/A

June 01, 2026
June 01, 2026
2026
8-K

8-K 2026

N/A

May 26, 2026
May 21, 2026
2026
8-K

8-K 2026

N/A

May 26, 2026
May 22, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 29, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 28, 2026
April 28, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 10, 2026
April 10, 2026
2026
8-K

8-K 2026

N/A

March 13, 2026
March 11, 2026
2026
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 25, 2026
February 25, 2026
2026
Showing 1 to 10 of 443 filings