NOG
Northern Oil & Gas Inc
NYSE: NOG · ENERGY · OIL & GAS E&P
$27.95
+1.42% today
Updated 2026-04-29
Market cap
$2.96B
P/E ratio
—
P/S ratio
1.51x
EPS (TTM)
$-6.32
Dividend yield
—
52W range
$19 – $31
Volume
2.8M
Northern Oil & Gas Inc (NOG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $3.54M | $14.22M | $59.57M | $159.72M | $296.82M | $369.23M | $431.61M | $202.68M | $159.72M | $223.99M | $493.92M | $601.24M | $324.07M | $975.09M | $1.99B | $1.91B | $2.16B | $2.10B |
| Revenue growth (YoY) | — | — | — | +301.4% | +318.9% | +168.1% | +85.8% | +24.4% | +16.9% | -53.0% | -21.2% | +40.2% | +120.5% | +21.7% | -46.1% | +200.9% | +103.7% | -4.0% | +13.5% | -3.2% |
| Cost of revenue | — | $2.37M | $70954.00 | $2.06M | $25.83M | $27.34M | $32.38M | $201.20M | $272.25M | $211.44M | $122.44M | $129.84M | $231.73M | $386.87M | $308.24M | $388.60M | $670.14M | $993.15M | $1.33B | $1.42B |
| Gross profit | — | — | $3.47M | $12.17M | $42.69M | $91.21M | $137.11M | $168.03M | $159.36M | $-8.77M | $37.28M | $94.15M | $262.19M | $214.37M | $15.83M | $586.49M | $1.32B | $913.86M | $835.98M | $675.20M |
| Gross margin | — | — | 98.0% | 85.5% | 71.7% | 57.1% | 46.2% | 45.5% | 36.9% | -4.3% | 23.3% | 42.0% | 53.1% | 35.7% | 4.9% | 60.1% | 66.3% | 47.9% | 38.6% | 32.2% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $7756.00 | $4.51M | $2.09M | $2.45M | $7.20M | $13.63M | $17.15M | $16.57M | $17.34M | $19.04M | $14.76M | $18.99M | $14.57M | $23.62M | $18.55M | $30.34M | $47.20M | $36.40M | $50.46M | $61.33M |
| Operating income | $-7756.00 | $-4.51M | $1.21M | $4.13M | $11.51M | $77.59M | $134.64M | $118.00M | $305.17M | $-1.12B | $-229.31M | $60.49M | $432.63M | $55.51M | $-841.24M | $77.96M | $853.19M | $1.12B | $837.83M | $613.87M |
| Operating margin | — | — | 34.2% | 29.0% | 19.3% | 48.6% | 45.4% | 32.0% | 70.7% | -552.3% | -143.6% | 27.0% | 87.6% | 9.2% | -259.6% | 8.0% | 43.0% | 58.8% | 38.7% | 29.3% |
| EBITDA | $-7756.00 | $-4.30M | $2.06M | $9.14M | $28.98M | $109.20M | $228.09M | $242.38M | $478.06M | $-981.65M | $-169.17M | $119.02M | $350.30M | $214.56M | $-685.58M | $206.44M | $1.11B | $1.62B | $1.58B | $1.05B |
| EBITDA margin | — | — | 58.2% | 64.3% | 48.6% | 68.4% | 76.8% | 65.6% | 110.8% | -484.3% | -105.9% | 53.1% | 70.9% | 35.7% | -211.6% | 21.2% | 55.8% | 85.1% | 73.0% | 50.1% |
| EBIT | $-7756.00 | $-4.31M | $1.32M | $4.80M | $11.92M | $68.09M | $129.25M | $118.00M | $305.17M | $-1.12B | $-230.41M | $59.52M | $230.52M | $4.36M | $-847.70M | $65.61M | $856.67M | $1.14B | $838.53M | $235.09M |
| Interest expense | $0.00 | $207896.00 | $1.53M | $535094.00 | $583376.00 | $585982.00 | $13.88M | $32.71M | $42.11M | $58.36M | $64.49M | $70.29M | $86.89M | $80.68M | $58.50M | $59.02M | $80.33M | $135.66M | $157.72M | $172.38M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 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% | 0.0% | 0.0% | 0.0% |
| Net income | $-7756.00 | $-4.30M | $2.42M | $2.80M | $6.92M | $40.61M | $72.28M | $53.07M | $163.75M | $-975.36M | $-293.49M | $-9.19M | $143.69M | $-76.32M | $-906.04M | $6.36M | $773.24M | $922.97M | $520.31M | $38.76M |
| Net income growth (YoY) | — | -55405.4% | +156.3% | +15.5% | +147.1% | +487.1% | +78.0% | -26.6% | +208.6% | -695.7% | +69.9% | +96.9% | +1662.9% | -153.1% | -1087.2% | +100.7% | +12055.9% | +19.4% | -43.6% | -92.6% |
| Profit margin | — | — | 68.4% | 19.7% | 11.6% | 25.4% | 24.4% | 14.4% | 37.9% | -481.2% | -183.8% | -4.1% | 29.1% | -12.7% | -279.6% | 0.7% | 38.9% | 48.4% | 24.0% | 1.9% |