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.

• In Q1 2026, Asset Utilization Ratio fell 20.23% year-over-year to 0.34; the TTM figure through Mar 2026 stood at 0.34 (down 20.23% YoY), while the FY2025 annual figure was 0.45, up 1.89% from the prior year.
• Asset Utilization Ratio was 0.34 for Q1 2026 at Northern Oil & Gas, down from 0.45 in the prior quarter.
• In the past five years, Asset Utilization Ratio ranged from a high of 0.7 in Q1 2023 to a low of 0.34 in Q1 2026.
• Historically, Asset Utilization Ratio has averaged 0.49 across 5 years, with a median of 0.45 in 2025.
• The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio jumped 680.57% in 2022, then slumped 38.21% in 2024.
• A 5-year view of Asset Utilization Ratio shows it 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.
• The last three Asset Utilization Ratio figures came in at 0.34 (Q1 2026), 0.45 (Q4 2025), and 0.43 (Q3 2025), per Business Quant data.