Northern Oil & Gas (NOG) Capital Expenditures (2010 - 2026)
Northern Oil & Gas' (NOG) quarterly Capital Expenditures came in at $55000.0 in Q1 2026, down 99.98% year-on-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.
- On a quarterly basis, Capital Expenditures fell 99.98% year-over-year to $55000.0 in Q1 2026; TTM through Mar 2026 was -$263.2 million, a 113.57% decrease from a year earlier, with the FY2025 full-year figure at $759000.0, down 99.95% from the prior year.
- Capital Expenditures climbed to $55000.0 in Q1 2026 per NOG's latest filing, from -$942.9 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $1.7 billion in Q4 2024 and bottomed 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.
- Across the five-year window, Capital Expenditures tumbled 378387.1% in 2022 and soared 1258980.77% in 2025, its largest moves.
- Year by year, Capital Expenditures stood at -$820.9 million in 2022, then jumped by 100.08% to $648000.0 in 2023, then soared by 258312.5% to $1.7 billion in 2024, then sank by 156.31% to -$942.9 million in 2025, then surged by 100.01% to $55000.0 in 2026.
- Per Business Quant, the three latest NOG Capital Expenditures figures stand at $55000.0 (Q1 2026), -$942.9 million (Q4 2025), and $352.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 2.95 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 153.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 933.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 1.55 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 650.17 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 839.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 707.00 Mn |
| 10 | Northern Oil & Gas | 2.00 Bn | 1.96 Bn | -124.72 Mn | 55,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 648,000.00 |
| Dec 31, 2023 | 648,000.00 |