Northern Oil & Gas (NOG) Asset Utilization Ratio (2011 - 2026)

Northern Oil & Gas' Asset Utilization Ratio history runs 16 years deep, the most recent figure standing at 0.34 for Q1 2026.

• On a quarterly basis, Asset Utilization Ratio fell 20.23% year-over-year to 0.34 in Q1 2026; TTM through Mar 2026 was 0.34, a 20.23% decrease from a year earlier, with the FY2025 full-year figure at 0.45, up 1.89% from the prior year.
• Asset Utilization Ratio declined to 0.34 in Q1 2026 per NOG's latest filing, from 0.45 in the prior quarter.
• Across five years, Asset Utilization Ratio topped out at 0.7 in Q1 2023 and bottomed at 0.14 in Q1 2022.
• The 5-year median for Asset Utilization Ratio is 0.44 (2024), against an average of 0.45.
• Across the five-year window, Asset Utilization Ratio jumped 410.33% in 2023 and slumped 38.21% in 2024, its largest moves.
• Year by year, Asset Utilization Ratio stood at 0.61 in 2022, then dropped by 19.47% to 0.49 in 2023, then fell by 15.28% to 0.42 in 2024, then grew by 8.74% to 0.45 in 2025, then fell by 24.26% to 0.34 in 2026.
• Per Business Quant, the three latest NOG Asset Utilization Ratio figures stand at 0.34 (Q1 2026), 0.45 (Q4 2025), and 0.43 (Q3 2025).