NOGNYSECrude Petroleum & Natural GasFiscal year ends December 31

NORTHERN OIL & GAS, INC.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026

$27.75+0.59 (+2.17%)

Close on Oct 19, 2026

Market cap: $3.00B
P/E (TTM): –
Dividend yield: –

NORTHERN OIL & GAS, INC. income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31
Revenue	2,476	2,226	2,166	1,571	497	552	472	679	209	145	275	595	336	312	149	45	14
Cost of Revenue	474	430	347	261	171	116	119	67	50	46	–	–	–	–	–	–	–
Gross Profit	2,002	1,796	1,819	1,310	326	436	354	612	160	99	–	–	–	–	–	–	–
General & Administrative	61	50	47	47	30	19	24	15	19	15	19	18	17	23	14	7.20	3.69
Operating Expenses	–	–	–	–	–	–	–	246	149	374	1,394	290	218	182	82	33	10
Total Costs & Expenses	2,230	1,388	1,044	717	419	1,393	417	246	149	–	–	–	–	–	–	–	–
Operating Income	246	838	1,122	853	78	-841	56	433	60	-229	-1,119	305	118	129	67	12	4.13
Interest Expense	172	158	136	80	59	59	79	86	70	64	58	42	33	14	0.59	0.58	-0.54
Other Non-Operating Income	-183	-157	-121	-77	-71	-65	-132	-289	-71	-66	-58	-42	-33	0.02	0.20	-0.17	0.14
Merger & Restructuring Charges	–	–	–	–	–	–	–	–	–	0	0.52	–	–	–	–	–	–
Asset Impairment Charges	0	–	–	–	–	0	6.40	0	0	0	0	0	0	0	0	–	–
Gain (Loss) on Sale of Assets	–	0	0	-0.19	-0.02	0	0	0	0	-0.03	0.06	0	-0.47	0.02	0	0	–
Legal Settlements	-33	0	0	–	–	–	0	0	-2.82	0	0	–	–	–	–	–	–
Pretax Income	63	681	1,001	776	6.59	-906	-76	144	-11	-295	-1,178	263	85	115	67	11	4.26
Income Tax Expense	24	161	78	3.10	0.23	-0.17	0	-0.06	-1.57	-1.40	-202	99	32	43	27	4.42	1.47
Net Income incl. Noncontrolling Interests	–	–	–	–	–	–	–	–	–	–	-975	164	53	72	41	6.92	2.80
Net Income	39	520	923	773	6.36	-906	-76	144	-9.19	-293	-975	164	53	72	41	6.92	2.80
Preferred Dividends	–	0	0	9.80	15	15	1.03	0	0	–	–	–	–	–	–	–	–
Net Income to Common	39	520	923	728	-8.40	-921	-77	144	-9.19	-293	-975	164	53	72	41	6.92	2.80
EPS (Basic)(per share)	0.40	5.21	10.09	9.26	-0.13	-21.55	-2.00	6.08	-1.50	-48.00	-160.80	27.00	8.50	11.60	6.60	1.40	0.80
EPS (Diluted)(per share)	0.39	5.14	10.03	8.92	-0.13	-21.55	-2.00	6.07	-1.50	-48.00	-160.80	26.90	8.50	11.50	6.50	1.40	0.80
Shares Outstanding (Basic, Weighted)(shares)	98	100	91	79	63	43	39	24	6.24	6.12	6.07	6.07	6.24	6.25	6.18	5.04	3.67
Shares Outstanding (Diluted, Weighted)(shares)	99	101	92	87	63	43	39	24	6.24	6.12	6.07	6.09	6.27	6.29	6.22	5.08	3.69
EBITDA	–	–	–	–	–	–	–	433	61	-229	-1,119	305	118	130	68	12	4.22

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 74.2%
Operating margin: -24.1%
Net margin: -25.4%
Return on equity, FY2025: 1.7%

Financial strength

Current ratio: 0.80
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 7.6%

Valuation

P/E ratio: –
Price to sales: 1.56
Price to book: 1.50
Dividend yield: –