KPIs & Operating Metrics(New)
Growth Metrics

Northern Oil & Gas (NOG) Asset Utilization Ratio (2016 - 2026)

Northern Oil & Gas has reported Asset Utilization Ratio over the past 16 years, most recently at 0.34 for Q1 2026.

  • For Q1 2026, Asset Utilization Ratio fell 20.23% year-over-year to 0.34; the TTM value through Mar 2026 reached 0.34, down 20.23%, while the annual FY2025 figure was 0.45, 1.89% up from the prior year.
  • Asset Utilization Ratio for Q1 2026 was 0.34 at Northern Oil & Gas, down from 0.45 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 0.7 in Q1 2023 and troughed at 0.34 in Q1 2026.
  • A 5-year average of 0.49 and a median of 0.45 in 2025 define the central range for Asset Utilization Ratio.
  • Biggest five-year swings in Asset Utilization Ratio: skyrocketed 680.57% in 2022 and later crashed 38.21% in 2024.
  • Year by year, Asset Utilization Ratio stood at 0.61 in 2022, then fell by 19.47% to 0.49 in 2023, then decreased by 15.28% to 0.42 in 2024, then rose by 8.74% to 0.45 in 2025, then decreased by 24.26% to 0.34 in 2026.
  • Business Quant data shows Asset Utilization Ratio for NOG at 0.34 in Q1 2026, 0.45 in Q4 2025, and 0.43 in Q3 2025.