Northern Oil and Gas, Inc. (NOG)
NYSE: NOG · Real-Time Price · USD
21.44
-0.36 (-1.65%)
Jul 24, 2026, 12:09 PM EDT - Market open

Northern Oil and Gas Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,8792,4762,2262,1661,571496.9
Revenue Growth
-22.74%11.23%2.74%37.93%216.07%-10.02%
Gross Profit
1,8792,4762,2262,1661,571496.9
Operating Income
-68.45245.85837.831,122853.1977.96
Net Income
-623.0738.76520.31922.97727.7-8.4
Earnings Per Share
-6.370.395.1410.038.92-0.13
EPS Growth
--92.41%-48.75%12.44%--

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Oil
1,6071,6271,8981,6461,475773.47
Natural Gas and NGL
437.3453.8254.22251.68511.19201.62
Net Gain on Commodity Derivatives
-180.15380.6661.97259.25-415.26-478.19
Other Product
14.6213.7711.689.23-0
Revenue (Total)
1,8792,4762,2262,1661,571496.9

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
37.0414.38.938.192.529.52
Total Debt
2,5522,3952,3691,8361,525803.44
Net Cash (Debt)
-2,514-2,381-2,360-1,827-1,523-793.92
Net Cash Growth
------
Net Cash Per Share
-25.65-23.98-23.31-19.85-17.57-12.60

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,4211,5051,4091,183928.42396.47
Capital Expenditures
-1,623-1,252-1,675-1,862-1,360-593.78
Free Cash Flow
-201.11252.83-266.09-679.03-431.36-197.32
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
100.00%100.00%100.00%100.00%100.00%100.00%
Operating Margin
-3.64%9.93%37.64%51.79%54.33%15.69%
Pretax Margin
-43.60%2.53%30.59%46.20%49.43%1.33%
Profit Margin
-29.40%1.57%23.38%42.61%49.23%1.28%
FCF Margin
-10.70%10.21%-11.96%-31.35%-27.47%-39.71%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.8001.8001.6401.4900.8800.155
Dividend Per Share Growth
3.45%9.76%10.07%69.32%467.74%-
Dividend Yield
8.40%8.27%4.37%3.65%2.13%0.38%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
-55.057.233.703.46-
Forward PE
5.116.837.674.863.043.36
P/FCF Ratio
-8.26----
PS Ratio
1.210.841.651.711.673.20