NORTHERN OIL & GAS, INC.
NOGNYSE
$21.19
↑ +4.1%Jul 17 close · end-of-day
Price
1Y↓ -15.1%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$2.1B
Enterprise Value
$4.6B
P/E
—
P/S
1.1
P/B
1.2
EV/EBITDA
—
PEG
—
FCF Yield
—
Dividend Yield
8.5%
Revenue (TTM)
$1.9B
Net Income (TTM)
-$623.1M
Free Cash Flow (TTM)
—
Gross Margin
—
Operating Margin
-34.0%
Net Margin
-33.2%
ROE
-34.9%
ROIC
-11.7%
Debt / Equity
1.4
Net Cash
-$2.5B
Return 1Y
-17.0%
Company profile
Northern Oil and Gas, Inc. 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. 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.
- CEO
- Nicholas O'Grady
- Sector
- Mining
- Industry
- Petroleum And Natural Gas
- Employees
- 30
- Headquarters
- Minnesota
- Website
- northernoil.com
Management & directors
- Allen Chad WCFO
- Dirlam Adam A.President
- Evans James B.Chief Technical Officer
- O'Grady Nicholas L.CEO
- Romslo Erik J.Chief Legal Officer & Sec.
Roles derived from SEC Form 4 filings.
Earnings
NOG Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$5.0M↓ -99.2%
Diluted EPS-$5.31↓ -482.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $552.2M | $496.9M | $1.6B | $2.2B | $2.2B | $2.5B |
| Gross profit | — | — | — | — | — | — |
| Operating income | -$841.2M | $78.0M | $853.2M | $1.1B | $837.8M | $245.8M |
| Net income | -$906.0M | $6.4M | $773.2M | $923.0M | $520.3M | $38.8M |
| Diluted EPS | -$21.55 | -$0.13 | $8.92 | $10.03 | $5.14 | $0.39 |
| Operating cash flow | $331.7M | $396.5M | $928.4M | $1.2B | $1.4B | $1.5B |
| Free cash flow | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Operating margin | -152.3% | 15.7% | 54.3% | 51.8% | 37.6% | 9.9% |
| Net margin | -164.1% | 1.3% | 49.2% | 42.6% | 23.4% | 1.6% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $560.8M | $753.6M | $515.0M | $602.1M | $706.8M | $556.6M | $610.2M | $5.0M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $218.9M | $433.9M | $132.6M | $229.3M | $176.2M | -$125.8M | -$33.8M | -$654.9M |
| Net income | $138.6M | $298.4M | $71.7M | $139.0M | $99.6M | -$129.1M | -$70.7M | -$522.8M |
| Diluted EPS | $1.36 | $2.96 | $0.71 | $1.39 | $1.00 | -$1.33 | -$0.67 | -$5.31 |
| Operating cash flow | $340.5M | $385.8M | $290.3M | $407.4M | $362.1M | $423.1M | $312.6M | $323.6M |
| Free cash flow | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 39.0% | 57.6% | 25.8% | 38.1% | 24.9% | -22.6% | -5.5% | -13022.1% |
| Net margin | 24.7% | 39.6% | 13.9% | 23.1% | 14.1% | -23.2% | -11.6% | -10396.6% |
Company news
Jul 13, 2026
Jul 10, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-30 | Pomerantz Jennifer S. | Award | 3,788 | $0.00 | $0.00 | filing |
| 2026-06-30 | Lasher Stuart G. | Award | 2,410 | $0.00 | $0.00 | filing |
| 2026-06-30 | Frantz Michael A | Award | 2,410 | $0.00 | $0.00 | filing |
| 2026-06-30 | Akradi Bahram | Award | 6,336 | $0.00 | $0.00 | filing |
| 2026-06-30 | Meier Lisa | Award | 2,410 | $0.00 | $0.00 | filing |
| 2026-06-30 | Kimble William F | Award | 2,410 | $0.00 | $0.00 | filing |
| 2026-06-22 | Akradi Bahram | Buy | 25,760 | $19.40 | $499,741.42 | filing |
| 2026-03-31 | Lasher Stuart G. | Award | 1,496 | $0.00 | $0.00 | filing |
| 2026-03-31 | Pomerantz Jennifer S. | Award | 2,351 | $0.00 | $0.00 | filing |
| 2026-03-31 | Kimble William F | Award | 1,496 | $0.00 | $0.00 | filing |
| 2026-03-31 | EASLEY ROY ERNEST | Award | 1,496 | $0.00 | $0.00 | filing |
| 2026-03-31 | Meier Lisa | Award | 1,496 | $0.00 | $0.00 | filing |
| 2026-03-31 | Akradi Bahram | Award | 3,933 | $0.00 | $0.00 | filing |
| 2026-03-31 | Frantz Michael A | Award | 1,496 | $0.00 | $0.00 | filing |
| 2026-03-16 | O'GRADY NICHOLAS L.· CEO | Tax withholding | 25,053 | $27.51 | $689,208.03 | filing |
| 2026-03-16 | Dirlam Adam A.· President | Tax withholding | 10,695 | $27.51 | $294,219.45 | filing |
| 2026-03-16 | Allen Chad W· CFO | Tax withholding | 6,069 | $27.51 | $166,958.19 | filing |
| 2026-03-16 | Romslo Erik J.· Chief Legal Officer & Sec. | Tax withholding | 5,788 | $27.51 | $159,227.88 | filing |
| 2026-03-16 | Evans James B.· Chief Technical Officer | Tax withholding | 5,672 | $27.51 | $156,036.72 | filing |
| 2026-03-16 | Dirlam Adam A.· President | Tax withholding | 1,397 | $27.51 | $38,431.47 | filing |
| 2026-03-16 | O'GRADY NICHOLAS L.· CEO | Award | 52,391 | $0.00 | $0.00 | filing |
| 2026-03-16 | Evans James B.· Chief Technical Officer | Award | 12,044 | $0.00 | $0.00 | filing |
| 2026-03-16 | Romslo Erik J.· Chief Legal Officer & Sec. | Award | 10,839 | $0.00 | $0.00 | filing |
| 2026-03-16 | Allen Chad W· CFO | Award | 13,850 | $0.00 | $0.00 | filing |
| 2026-03-16 | Dirlam Adam A.· President | Award | 25,292 | $0.00 | $0.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.