Northern Oil and Gas, Inc. NOG R2K

Energy · Oil & Gas E&P · United States

https://www.noginc.com

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. Northern Oil and Gas, Inc. was founded in 2006 and is headquartered in Minnetonka, Minnesota.

Market & Price

Market Cap

$2.30B

Current Price

$21.77

High / Low (52W)

$30.37 / $19.77

Beta

0.77

Valuation

Stock P/E

Industry PE

18.25

Forward P/E

5.25

PEG Ratio

0.65

Book Value

$16.94

Price to Book

1.29

P/S

1.20

EV/EBITDA

3.32

Dividend Yield

8.27%

Profitability & Returns

ROCE

4.83%

ROE

-29.77%

ROA

4.31%

Profit Margin

-32.36%

Op Margin

-73.64%

EPS (Latest Qtr)

$-5.31

EPS (TTM)

$-6.32

Balance Sheet & Liquidity

Debt/Equity

1.43

Quick Ratio

0.50

Current Ratio

0.53

Debt

$2.55B

Total Assets

$5.41B

Current Assets

$586.03M

Working Capital

$46.74M

Ownership

Promoter Holding

2.87%

Chg in Prom Hold

FII / Inst Holding

110.41%

Chg in FII Hold

-0.00%

Financial Snapshot

Enterprise Value

$4.81B

Total Revenue (TTM)

$1.93B

EBITDA

$1.45B

Free Cash Flow

$-13.38M

Operating Cash Flow

$1.42B

Shares Outstanding

105.79M

Gross Margin

74.58%

Payout Ratio

461.54%

Growth (CAGR)

Revenue 5Y

1.80%

Profit 5Y

-63.13%

Revenue (YoY)

-7.10%

Earnings (YoY)

PROS

Attractive dividend yield of 8.27%.
In a confirmed uptrend (50-DMA above 200-DMA).

CONS

Earnings shrank at -63.1% CAGR over 5 years.
Trading 28.3% below its 52-week high.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Energy).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	NOG Northern Oil and Gas, Inc. R2K	21.77	-	$2.30B	8.27%	4.83%	-29.77%	1.80%	-63.13%
2	XOM Exxon Mobil Corporation SPX	145.26	24.45	$602.10B	2.84%	11.12%	9.87%	-6.69%	-19.72%
3	CVX Chevron Corporation SPX	182.46	31.73	$363.39B	3.90%	7.21%	6.64%	-7.85%	-29.74%
4	COP ConocoPhillips SPX	113.98	19.32	$138.86B	2.95%	12.63%	11.28%	-9.11%	-24.66%
5	WMB The Williams Companies, Inc. SPX	71.39	31.31	$87.31B	2.94%	9.66%	19.66%	2.91%	8.51%
6	SLB SLB N.V. SPX	54.55	24.03	$81.56B	2.16%	12.08%	14.07%	8.33%	-0.65%
7	VLO Valero Energy Corporation SPX	244.82	17.88	$72.70B	1.96%	8.12%	15.85%	-11.40%	-41.16%
8	MPC Marathon Petroleum Corporation SPX	248.77	16.37	$72.63B	1.57%	13.11%	27.46%	-9.23%	-34.67%
9	EOG EOG Resources, Inc. SPX	133.38	13.13	$71.04B	3.06%	14.00%	18.20%	-8.51%	-13.74%

Quarterly Results

Figures in USD.

Metric	Jun 2015	Sep 2015	Dec 2015	Mar 2016	Jun 2016	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Mar 2021	Jun 2021	Sep 2021	Mar 2022	Jun 2022	Sep 2022	Mar 2023	Jun 2023	Sep 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20.66M	-	157.33M	225.72M	259.67M	456.46M	549.64M	534.05M	-	-	-	-	-	-	-	580.34M	577.99M	485.87M	450.86M	544.09M
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	355.80M	362.79M	346.36M	354.92M	365.19M
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	224.54M	215.20M	139.51M	95.95M	178.90M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17.02M	19.19M	17.37M	20.60M	26.45M
Operating Income	-302.54M	-307.17M	-156.20M	-109.38M	-92.93M	-29.47M	2.49M	33.24M	30.32M	584.98K	-3.66M	25.91M	16.32M	35.60M	354.81M	-95.31M	92.24M	121.10M	-62.52M	390.88M	-884.71M	-218.65M	-64.37M	-74.92M	26.96M	-189.08M	270.10M	604.64M	360.59M	234.79M	42.44M	52.32M	218.94M	-	-	207.52M	196.01M	122.14M	75.34M	152.45M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	434.83M	381.95M	73.52M	159.14M	-456.23M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43.35M	44.44M	42.98M	41.12M	42.59M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	185.79M	131.78M	-168.80M	-86.06M	-695.92M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46.80M	32.19M	-39.73M	-15.33M	-173.07M
Net Income	-250.06M	-323.24M	-172.31M	-126.57M	-108.98M	-45.62M	-12.33M	16.94M	13.80M	-16.09M	-23.85M	2.96M	-96.55M	18.98M	218.29M	-107.16M	44.40M	94.38M	-107.94M	368.29M	-899.20M	-233.00M	-90.36M	-90.56M	12.55M	-206.56M	251.26M	583.47M	340.19M	167.81M	26.11M	11.61M	138.56M	-	-	138.98M	99.58M	-129.07M	-70.73M	-522.85M
Diluted EPS	-4.12	-5.33	-2.84	-2.08	-1.78	-0.74	-0.20	0.27	0.22	-0.26	-0.37	0.05	-0.49	0.06	0.58	-0.29	0.12	2.38	-0.27	7.33	-21.74	-5.44	-1.73	-1.55	0.13	-2.92	2.74	6.77	3.98	1.88	0.28	0.11	1.36	-	-	1.39	1.00	-1.33	-0.73	-5.31

Profit & Loss (Annual)

Figures in USD.

Metric	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue	-	-	-	-	-	-	-	-	-	-	324.07M	-	1.99B	1.91B	2.16B	2.10B
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	670.14M	993.15M	1.33B	1.42B
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	1.32B	913.86M	835.98M	675.20M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	47.20M	51.25M	60.11M	74.18M
Operating Income	11.51M	67.25M	129.14M	118.00M	305.17M	-1.12B	-229.30M	60.49M	432.63M	55.51M	-841.24M	-	1.27B	862.61M	775.86M	601.02M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	1.11B	1.62B	1.58B	1.05B
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	80.33M	135.66M	157.72M	172.38M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	776.34M	1.00B	680.82M	62.70M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	3.10M	77.77M	160.51M	23.94M
Net Income	6.92M	40.61M	72.28M	53.07M	163.75M	-975.35M	-293.49M	-9.19M	143.69M	-76.32M	-906.04M	-	773.24M	922.97M	520.31M	38.76M
Diluted EPS	0.14	0.65	1.15	0.85	2.69	-16.08	-4.80	-0.15	6.07	-2.00	-21.55	-	8.92	10.03	5.14	0.39

Compounded Sales Growth

5 Years:	1.80%
1 Year:	-7.10%

Compounded Profit Growth

5 Years:	-63.13%
1 Year:	-

Stock Price Performance

1 Year:	-12.39%
6 Months:	+3.42%
3 Months:	-19.93%
1 Month:	-22.11%

Balance Sheet (Annual)

Figures in USD.

Metric	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets	-	-	725.59M	1.19B	1.52B	2.03B	721.43M	431.53M	632.25M	1.50B	1.91B	872.09M	-	2.88B	4.48B	5.60B	5.41B
Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	320.49M	509.41M	500.74M	586.03M
Cash & Equivalents	6.23M	152.11M	6.28M	13.39M	5.69M	9.34M	3.39M	6.49M	102.18M	2.36M	16.07M	1.43M	-	2.53M	8.20M	8.93M	14.30M
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	271.34M	370.53M	389.67M	349.93M
Total Liabilities	-	-	229.02M	604.75M	899.77M	1.26B	919.03M	918.95M	1.12B	1.07B	1.35B	1.10B	-	2.13B	2.44B	3.28B	3.28B
Current Liabilities	-	-	119.66M	100.46M	194.09M	285.73M	78.12M	77.44M	123.58M	231.53M	203.48M	182.47M	-	344.97M	385.76M	544.27M	539.29M
Long Term Debt	-	-	-	-	-	-	-	-	-	-	1.12B	879.84M	-	1.53B	1.84B	2.37B	2.40B
Total Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	1.53B	1.84B	2.37B	2.40B
Total Equity	-	-	496.57M	586.19M	619.83M	770.86M	-197.60M	-487.42M	-490.84M	429.87M	558.64M	-223.30M	-	745.26M	2.05B	2.32B	2.13B
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	85.17M	100.76M	99.11M	97.27M

Cash Flows (Annual)

Figures in USD.

Metric	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Operating Cash Flow	73.31M	85.15M	198.53M	222.77M	-	-	-	72.97M	244.26M	339.75M	331.69M	-	928.42M	1.18B	1.41B	1.51B
Investing Cash Flow	-207.89M	-300.87M	-532.17M	-358.54M	-	-	-	-119.24M	-474.52M	-569.13M	-283.93M	-	-1.40B	-1.86B	-1.67B	-1.25B
Financing Cash Flow	280.46M	69.89M	340.75M	128.06M	-	-	-	141.97M	130.43M	243.09M	-62.40M	-	467.37M	684.69M	266.83M	-247.46M
Capital Expenditure	-2.04M	-450.82K	-256.44K	-389.32K	-169.00K	-90.75K	-214.69K	-3.95K	-86.78K	-	-	-	-1.36B	-1.86B	-1.67B	-1.25B
Free Cash Flow	71.27M	84.70M	198.27M	222.39M	-	-	-	72.96M	244.18M	-	-	-	-431.36M	-679.02M	-266.09M	252.83M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-	-	-	-6.99M	5.67M	738.00K	5.37M
Share Buybacks	0	1.08M	1.55M	26.37M	16.13M	339.58K	0	0	22.20M	15.11M	0	0	54.50M	8.00M	94.50M	57.01M

Ratios (Annual)

Figures in %.

Metric	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Gross Margin %	-	-	-	-	-	-	-	-	-	-	-	-	66.3%	47.9%	38.6%	32.2%
Operating Margin %	-	-	-	-	-	-	-	-	-	-	-259.6%	-	63.9%	45.2%	35.9%	28.7%
Net Margin %	-	-	-	-	-	-	-	-	-	-	-279.6%	-	38.9%	48.4%	24.0%	1.9%
ROE %	-	8.2%	12.3%	8.6%	21.2%	493.6%	60.2%	1.9%	33.4%	-13.7%	405.7%	-	103.8%	45.1%	22.4%	1.8%
ROCE %	-	11.1%	11.8%	8.9%	17.5%	-174.0%	-64.8%	11.9%	34.0%	3.3%	-122.0%	-	50.1%	21.0%	15.3%	12.3%

Shareholding Pattern

Insiders

2.87%

Institutions

110.41%

Public Float

113.67%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Blackrock Inc.	14.86%	15.72M	$342.20M
2	American Century Companies Inc	7.54%	7.97M	$173.60M
3	Vanguard Portfolio Management LLC	6.22%	6.58M	$143.29M
4	State Street Corporation	6.18%	6.54M	$142.38M
5	FMR, LLC	6.04%	6.39M	$139.12M
6	Invesco Ltd.	5.21%	5.51M	$120.04M
7	Vanguard Capital Management LLC	4.26%	4.50M	$98.05M
8	Dimensional Fund Advisors LP	3.92%	4.15M	$90.26M
9	Alliancebernstein L.P.	3.25%	3.43M	$74.74M
10	UBS Group AG	2.47%	2.61M	$56.92M

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for NOG

No recent headlines available.

Explore More

📊 Energy Sector 🔍 All Stock Screens 📈 Technical Screens 💰 Fundamental Screens 🔄 Swing Trading Setups 📐 Chart Patterns 📅 Earnings Calendar 📋 All USA Stocks

Sector	Energy
Industry	Oil & Gas E&P
Headquarters	United States
Employees	64
Website	https://www.noginc.com

Northern Oil and Gas, Inc. NOG R2K

Market & Price

Valuation

Profitability & Returns

Balance Sheet & Liquidity

Ownership

Financial Snapshot

Growth (CAGR)

PROS

CONS

Price Chart

Technical Trend

Fundamental Growth

Peer comparison

Quarterly Results

Profit & Loss (Annual)

Compounded Sales Growth

Compounded Profit Growth

Stock Price Performance

Balance Sheet (Annual)

Cash Flows (Annual)

Ratios (Annual)

Shareholding Pattern

Top Institutional Holders

Analyst View

Latest News

Explore More