Northern Oil & Gas (NOG) Assets Average (2011 - 2026)
Northern Oil & Gas' (NOG) quarterly Assets Average came in at $5.5 billion in Q1 2026, down 3.14% year-on-year from $5.6 billion in Q1 2025, and little changed quarter-over-quarter from $5.5 billion in Q4 2025.
Northern Oil & Gas (NOG) Assets Average (2011 - 2026) Analysis & Trends
Northern Oil & Gas' Assets Average history runs 16 years deep, the most recent figure standing at $5.5 billion for Q1 2026.
- On a quarterly basis, Assets Average fell 3.14% year-over-year to $5.5 billion in Q1 2026; TTM through Mar 2026 was $5.5 billion, a 3.14% decrease from a year earlier, with the FY2025 full-year figure at $5.5 billion, up 9.17% from the prior year.
- Assets Average steadied at $5.5 billion in Q1 2026 per NOG's latest filing, from $5.5 billion in the prior quarter.
- Across five years, Assets Average topped out at $5.7 billion in Q2 2025 and bottomed at $1.8 billion in Q1 2022.
- The 5-year median for Assets Average is $4.6 billion (2024), against an average of $4.2 billion.
- Across the five-year window, Assets Average surged 114.58% in 2022 and slipped 3.14% in 2026, its largest moves.
- Year by year, Assets Average stood at $2.7 billion in 2022, then surged by 64.38% to $4.4 billion in 2023, then gained by 21.28% to $5.3 billion in 2024, then increased by 2.29% to $5.5 billion in 2025, then increased by 0.19% to $5.5 billion in 2026.
- Per Business Quant, the three latest NOG Assets Average figures stand at $5.5 billion (Q1 2026), $5.5 billion (Q4 2025), and $5.6 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 122.33 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 52.59 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 70.57 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 82.33 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 41.51 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 1.69 Bn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 32.07 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 28.90 Bn |
| 10 | Northern Oil & Gas | 2.00 Bn | 1.96 Bn | -124.72 Mn | 5.46 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.46 Bn |
| Dec 31, 2025 | 5.45 Bn |
| Sep 30, 2025 | 5.60 Bn |
| Jun 30, 2025 | 5.69 Bn |
| Mar 31, 2025 | 5.64 Bn |
| Dec 31, 2024 | 5.33 Bn |
| Sep 30, 2024 | 4.89 Bn |
| Jun 30, 2024 | 4.68 Bn |
| Mar 31, 2024 | 4.56 Bn |
| Dec 31, 2023 | 4.39 Bn |
| Sep 30, 2023 | 3.98 Bn |
| Jun 30, 2023 | 3.50 Bn |
| Mar 31, 2023 | 3.11 Bn |
| Dec 31, 2022 | 2.67 Bn |
| Sep 30, 2022 | 2.33 Bn |
| Jun 30, 2022 | 2.11 Bn |
| Mar 31, 2022 | 1.77 Bn |
| Dec 31, 2021 | 1.38 Bn |
| Sep 30, 2021 | 1.17 Bn |
| Jun 30, 2021 | 982.53 Mn |