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 statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Crude Petroleum & Natural Gas companies for comparison
Valuation
| Measure | Northern Oil & Gas | Industry median |
|---|---|---|
| Market Cap | $2.96B | $958.03M |
| Enterprise Value | $2.91B | $1.17B |
| PS Ratio | 1.54 | 1.87 |
| PB Ratio | 1.48 | 1.49 |
| P/TBV Ratio | 1.48 | 1.52 |
| P/OCF Ratio | 2.14 | 5.73 |
Enterprise value
| Measure | Northern Oil & Gas | Industry median |
|---|---|---|
| EV / Sales | 1.52 | 2.29 |
Income (trailing twelve months)
| Measure | Northern Oil & Gas | Industry median |
|---|---|---|
| Revenue | $1.92B | $893.82M |
| Gross Profit | $1.42B | $263.25M |
| Operating Income | -$461.95M | $37.73M |
| Pretax Income | -$640.18M | $20.82M |
| Net Income | -$486.03M | $2.91M |
| EBITDA | -$461.95M | $104.88M |
| EPS (Diluted) | -$5.16 | $0.23 |
Margins
| Measure | Northern Oil & Gas | Industry median |
|---|---|---|
| Gross Margin | 74.2% | 24.0% |
| Operating Margin | -24.1% | 9.34% |
| Pretax Margin | -33.4% | 5.01% |
| Profit Margin | -25.4% | 2.45% |
| EBITDA Margin | -24.1% | 19.8% |
Returns
| Measure | Northern Oil & Gas | Industry median |
|---|---|---|
| Return on Equity (ROE) | -22.1% | 2.52% |
| Return on Assets (ROA) | -8.43% | 0.52% |
| Return on Invested Capital (ROIC) | -16.8% | 4.35% |
| Return on Capital Employed (ROCE) | -8.89% | 4.89% |
Growth
| Measure | Northern Oil & Gas | Industry median |
|---|---|---|
| Revenue Growth (YoY) | -25.6% | 5.39% |
| Net Income Growth (YoY) | -179.8% | -23.7% |
| EPS Growth (YoY) | -185.1% | -24.0% |
| Revenue Growth (3Y CAGR) | 16.4% | 0.47% |
| Revenue Growth (5Y CAGR) | 35.0% | 15.5% |
| EPS Growth (3Y CAGR) | -64.8% | -20.6% |
Balance sheet
| Measure | Northern Oil & Gas | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $47.60M | $37.22M |
| Net Cash (Debt) | $47.60M | -$12.28M |
| Net Cash Per Share | $0.45 | -$0.15 |
| Equity (Book Value) | $2.00B | $628.64M |
| Book Value Per Share | $18.73 | $9.88 |
| Tangible Book Value | $2.00B | $553.25M |
| Working Capital | -$128.39M | $3.14M |
Financial position
| Measure | Northern Oil & Gas | Industry median |
|---|---|---|
| Current Ratio | 0.80 | 1.18 |
| Quick Ratio | 0.67 | 0.73 |
| Interest Coverage | -2.75 | 2.02 |
Cash flow (trailing twelve months)
| Measure | Northern Oil & Gas | Industry median |
|---|---|---|
| Operating Cash Flow | $1.38B | $192.72M |
Efficiency
| Measure | Northern Oil & Gas | Industry median |
|---|---|---|
| Asset Turnover | 0.33 | 0.39 |
| Revenue Per Employee | $29.95M | $1.59M |
| Profits Per Employee | -$7.59M | $6.39K |
| Employee Count | 64 | 370 |
Dividends and yields
| Measure | Northern Oil & Gas | Industry median |
|---|---|---|
| Earnings Yield | -16.4% | 0.55% |
| Buyback Yield | 1.93% | 0.32% |
| Shareholder Yield | 1.93% | 1.96% |
Shares
| Measure | Northern Oil & Gas | Industry median |
|---|---|---|
| Shares Outstanding | 106,549,000 | 105,192,000 |
| Shares Change (YoY) | 0.48% | 1.06% |
| Shares Change (QoQ) | 0.72% | 0.02% |
| Float | 103,414,000 | 76,585,800 |
| Shares Held by Insiders | 2.94% | 9.89% |
| Shares Held by Institutions | 102.5% | 69.2% |
Taxes
| Measure | Northern Oil & Gas | Industry median |
|---|---|---|
| Income Tax | -$154.16M | $7.40M |
Scores
| Measure | Northern Oil & Gas | Industry median |
|---|---|---|
| Altman Z-Score | 0.55 | 1.62 |
| Piotroski F-Score | 7 | 5 |
Calculated by StockData from Northern Oil & Gas's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.