Northern Oil & Gas (NOG) Capital Expenditures (2010 - 2026)
Northern Oil & Gas (NOG) posted quarterly Capital Expenditures of $55000.0 for Q1 2026, down 99.98% year-over-year from $264.0 million in Q1 2025, and up 100.01% quarter-over-quarter from -$942.9 million in Q4 2025.
Northern Oil & Gas (NOG) Capital Expenditures (2010 - 2026) Analysis & Trends
Northern Oil & Gas' Capital Expenditures history runs 17 years deep, the most recent figure standing at $55000.0 for Q1 2026.
- In Q1 2026, Capital Expenditures fell 99.98% year-over-year to $55000.0; the TTM figure through Mar 2026 stood at -$263.2 million (down 113.57% YoY), while the FY2025 annual figure was $759000.0, down 99.95% from the prior year.
- Capital Expenditures for Q1 2026 stood at $55000.0, up from -$942.9 million in the prior quarter.
- The five-year high for Capital Expenditures was $1.7 billion in Q4 2024, with the low at -$942.9 million in Q4 2025.
- The 5-year median for Capital Expenditures is $238000.0 (2023), against an average of $98.9 million.
- The sharpest annual moves came in 2022 and 2025: Capital Expenditures slumped 378387.1% in 2022, then soared 1258980.77% in 2025.
- Northern Oil & Gas' Capital Expenditures stood at -$820.9 million in 2022, then soared by 100.08% to $648000.0 in 2023, then surged by 258312.5% to $1.7 billion in 2024, then slumped by 156.31% to -$942.9 million in 2025, then jumped by 100.01% to $55000.0 in 2026.
- Business Quant data shows NOG's Capital Expenditures at $55000.0 in Q1 2026, -$942.9 million in Q4 2025, and $352.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 3.02 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | -1.72 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 1.64 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 996.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 1.32 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 1.59 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 650.17 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 102.81 Mn |
| 10 | Northern Oil & Gas | 2.89 Bn | 2.81 Bn | 618.15 Mn | 379.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 379.81 Mn |
| Jun 30, 2026 | 379.81 Mn |
| Mar 31, 2026 | 55,000.00 |
| Mar 31, 2026 | 55,000.00 |
| Dec 31, 2025 | -942.91 Mn |
| Dec 31, 2025 | -942.91 Mn |
| Sep 30, 2025 | 352.34 Mn |
| Sep 30, 2025 | 352.34 Mn |
| Jun 30, 2025 | 327.36 Mn |
| Jun 30, 2025 | 327.36 Mn |
| Mar 31, 2025 | 263.97 Mn |
| Mar 31, 2025 | 263.97 Mn |
| Dec 31, 2024 | 1.67 Bn |
| Dec 31, 2024 | 1.67 Bn |
| Sep 30, 2024 | 37,000.00 |
| Sep 30, 2024 | 37,000.00 |
| Jun 30, 2024 | 26,000.00 |
| Jun 30, 2024 | 26,000.00 |
| Mar 31, 2024 | 50,000.00 |
| Mar 31, 2024 | 50,000.00 |