Northern Oil & Gas (NOG) Capital Expenditures (2010 - 2026)

Northern Oil & Gas (NOG) recorded quarterly Capital Expenditures of $55000.0 in Q1 2026, up 100.01% quarter-over-quarter from -$942.9 million in Q4 2025, and down 90.63% on a YoY basis from $587000.0 in Q1 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 90.63% year-over-year to $55000.0; the TTM figure through Mar 2026 stood at $227000.0 (down 99.98% YoY), while the FY2025 annual figure was $759000.0, down 99.95% from the prior year.
  • Capital Expenditures was $55000.0 for Q1 2026 at Northern Oil & Gas, up from -$942.9 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $1.9 billion in Q4 2023 to a low of -$942.9 million in Q4 2025.
  • Historically, Capital Expenditures has averaged $208.3 million across 5 years, with a median of $223.2 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Capital Expenditures tumbled 423.99% in 2022, then soared 186057100.0% in 2023.
  • A 5-year view of Capital Expenditures shows it stood at -$1000.0 in 2022, then jumped by 186057100.0% to $1.9 billion in 2023, then fell by 10.0% to $1.7 billion in 2024, then tumbled by 156.31% to -$942.9 million in 2025, then surged by 100.01% to $55000.0 in 2026.
  • The last three Capital Expenditures figures came in at $55000.0 (Q1 2026), -$942.9 million (Q4 2025), and $352.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 1.81 Bn
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -1.53 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 2.95 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 153.00 Mn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 25.00 Mn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 933.00 Mn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 598.51 Mn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 98.14 Bn
10 Northern Oil & Gas 2.04 Bn 2.00 Bn -124.72 Mn 55,000.00

Historic Data

Download Data
DateValue
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 590.75 Mn
Jun 30, 2025 590.75 Mn
Mar 31, 2025 587,000.00
Mar 31, 2025 587,000.00
Dec 31, 2024 1.67 Bn
Dec 31, 2024 1.67 Bn
Sep 30, 2024 -630.07 Mn
Sep 30, 2024 -630.07 Mn
Jun 30, 2024 223.17 Mn
Jun 30, 2024 223.17 Mn
Mar 31, 2024 407.01 Mn
Mar 31, 2024 407.01 Mn
Dec 31, 2023 1.86 Bn
Dec 31, 2023 1.86 Bn