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Northern Oil & Gas (NOG) Asset Utilization Ratio (2016 - 2025)

Historic Asset Utilization Ratio for Northern Oil & Gas (NOG) over the last 17 years, with Q3 2025 value amounting to 0.43.

  • Northern Oil & Gas' Asset Utilization Ratio fell 1696.9% to 0.43 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.43, marking a year-over-year decrease of 1696.9%. This contributed to the annual value of 0.44 for FY2024, which is 2504.55% down from last year.
  • Northern Oil & Gas' Asset Utilization Ratio amounted to 0.43 in Q3 2025, which was down 1696.9% from 0.45 recorded in Q2 2025.
  • Northern Oil & Gas' 5-year Asset Utilization Ratio high stood at 0.7 for Q1 2023, and its period low was 0.21 during Q1 2022.
  • Over the past 5 years, Northern Oil & Gas' median Asset Utilization Ratio value was 0.44 (recorded in 2024), while the average stood at 0.46.
  • In the last 5 years, Northern Oil & Gas' Asset Utilization Ratio crashed by 4806.35% in 2021 and then soared by 23474.34% in 2023.
  • Over the past 5 years, Northern Oil & Gas' Asset Utilization Ratio (Quarter) stood at 0.36 in 2021, then skyrocketed by 70.43% to 0.61 in 2022, then decreased by 19.47% to 0.49 in 2023, then fell by 15.28% to 0.42 in 2024, then grew by 1.82% to 0.43 in 2025.
  • Its last three reported values are 0.43 in Q3 2025, 0.45 for Q2 2025, and 0.43 during Q1 2025.