Northern Oil & Gas (NOG) Accumulated Expenses (2010 - 2026)
Northern Oil & Gas' Accumulated Expenses was $399.18 million in Q2 2026, up 28.7% from $310.16 million a year earlier but down 0.7% from the prior quarter.
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Analysis
Northern Oil & Gas (NOG) Accumulated Expenses (2010 - 2026) Analysis & Trends
At the end of FY2025, Accumulated Expenses at Northern Oil & Gas came in at $320.67 million, up 10.3% from FY2024.
- Accumulated Expenses has now increased for five consecutive years, with a five-year compound annual growth rate of 36.1% (FY2020 to FY2025).
- In earlier years, Accumulated Expenses was $290.79 million in FY2024 (+96.6%), $147.94 million in FY2023 (+21.5%), $121.74 million in FY2022 (+15.3%) and $105.59 million in FY2021 (+53.8%).
- Quarterly Accumulated Expenses has moved between $100.44 million (Q3 2021) and $402.09 million (Q1 2026) over five years.
- Compared with a year earlier, Accumulated Expenses has increased for nine straight quarters, with growth averaging 48.7% over the last eight quarters.
- The best year-over-year quarter for Accumulated Expenses over five years was Q4 2024 (growth of 96.6%); the worst was Q1 2024 (a decline of 0.3%).
- Per Business Quant data, NOG's Accumulated Expenses in the three quarters before Q2 2026 was $402.09 million (Q1 2026), $320.67 million (Q4 2025) and $334.51 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - |
| 10 | Northern Oil & Gas | 2.44 Bn | 2.31 Bn | 618.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 399.18 Mn |
| Mar 31, 2026 | 402.09 Mn |
| Dec 31, 2025 | 320.67 Mn |
| Sep 30, 2025 | 334.51 Mn |
| Jun 30, 2025 | 310.16 Mn |
| Mar 31, 2025 | 273.44 Mn |
| Dec 31, 2024 | 290.79 Mn |
| Sep 30, 2024 | 237.24 Mn |
| Jun 30, 2024 | 215.83 Mn |
| Mar 31, 2024 | 161.51 Mn |
| Dec 31, 2023 | 147.94 Mn |
| Sep 30, 2023 | 154.88 Mn |
| Jun 30, 2023 | 178.78 Mn |
| Mar 31, 2023 | 162.07 Mn |
| Dec 31, 2022 | 121.74 Mn |
| Sep 30, 2022 | 114.85 Mn |
| Jun 30, 2022 | 127.61 Mn |
| Mar 31, 2022 | 137.59 Mn |
| Dec 31, 2021 | 105.59 Mn |
| Sep 30, 2021 | 100.44 Mn |
API Access
Northern Oil & Gas Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "NOG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();