Northern Oil & Gas (NOG) Common Equity (2010 - 2026)
Northern Oil & Gas (NOG) posted Common Equity of $2 billion for Q2 2026, down 17.3% from $2.41 billion a year earlier but up 11.8% from the prior quarter.
Northern Oil & Gas (NOG) Common Equity (2010 - 2026) Analysis & Trends
At the end of FY2025, Northern Oil & Gas' Common Equity came in at $2.13 billion, down 8.4% from FY2024.
- In prior years, Northern Oil & Gas' Common Equity was $2.32 billion in FY2024 (+13.3%), $2.05 billion in FY2023 (+174.8%), $745.26 million in FY2022 (+246.4%) and $215.14 million in FY2021.
- Quarterly Common Equity has run from a low of -$157.71 million in Q3 2021 to a high of $2.41 billion in Q2 2025 over five years.
- On a year-over-year basis, Common Equity has declined in each of the last four quarters, with growth averaging 7.5% over the last eight quarters.
- The strongest year-over-year quarter for Common Equity in the past five years was Q2 2023, with growth of 827.5%; the weakest was Q1 2026, with a decline of 25.7%.
- According to Business Quant data, Common Equity for the three prior quarters was $1.78 billion (Q1 2026), $2.13 billion (Q4 2025) and $2.24 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 181.78 Bn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 195.56 Bn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | 130,953.00 |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 66.17 Bn |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 65.35 Bn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | 43.13 Bn |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 32.70 Bn |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 8.57 Bn |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 48.16 Bn |
| 10 | Northern Oil & Gas | 2.47 Bn | 2.34 Bn | 618.15 Mn | 2.00 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.00 Bn |
| Mar 31, 2026 | 1.78 Bn |
| Dec 31, 2025 | 2.13 Bn |
| Sep 30, 2025 | 2.24 Bn |
| Jun 30, 2025 | 2.41 Bn |
| Mar 31, 2025 | 2.40 Bn |
| Dec 31, 2024 | 2.32 Bn |
| Sep 30, 2024 | 2.31 Bn |
| Jun 30, 2024 | 2.07 Bn |
| Mar 31, 2024 | 2.00 Bn |
| Dec 31, 2023 | 2.05 Bn |
| Sep 30, 2023 | 1.41 Bn |
| Jun 30, 2023 | 1.42 Bn |
| Mar 31, 2023 | 1.05 Bn |
| Dec 31, 2022 | 745.26 Mn |
| Sep 30, 2022 | 709.10 Mn |
| Jun 30, 2022 | 152.65 Mn |
| Mar 31, 2022 | -35.30 Mn |
| Dec 31, 2021 | 215.14 Mn |
| Sep 30, 2021 | -157.71 Mn |
Northern Oil & Gas Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=NOG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "NOG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();