Northern Oil & Gas (NOG) Consolidated Net Income (2011 - 2026)
Northern Oil & Gas (NOG) recorded quarterly Consolidated Net Income of -$522.8 million in Q1 2026, down 639.19% quarter-over-quarter from -$70.7 million in Q4 2025, and down 476.2% on a YoY basis from $139.0 million in Q1 2025.
Northern Oil & Gas (NOG) Consolidated Net Income (2011 - 2026) Analysis & Trends
Northern Oil & Gas' Consolidated Net Income history runs 16 years deep, the most recent figure standing at -$522.8 million for Q1 2026.
- In Q1 2026, Consolidated Net Income fell 476.2% year-over-year to -$522.8 million; the TTM figure through Mar 2026 stood at -$623.1 million (down 196.2% YoY), while the FY2025 annual figure was $38.8 million, down 92.55% from the prior year.
- Consolidated Net Income was -$522.8 million for Q1 2026 at Northern Oil & Gas, down from -$70.7 million in the prior quarter.
- In the past five years, Consolidated Net Income ranged from a high of $583.5 million in Q3 2022 to a low of -$522.8 million in Q1 2026.
- Historically, Consolidated Net Income has averaged $101.9 million across 5 years, with a median of $138.6 million in 2024.
- The sharpest annual moves came in 2022 and 2026: Consolidated Net Income soared 4547.64% in 2022, then sank 476.2% in 2026.
- A 5-year view of Consolidated Net Income shows it stood at $145.1 million in 2022, then soared by 168.05% to $388.9 million in 2023, then slumped by 81.55% to $71.7 million in 2024, then tumbled by 198.61% to -$70.7 million in 2025, then slumped by 639.19% to -$522.8 million in 2026.
- The last three Consolidated Net Income figures came in at -$522.8 million (Q1 2026), -$70.7 million (Q4 2025), and -$129.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 1.10 Bn |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 856.82 Mn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 2.18 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 1.98 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 3.12 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 144.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 179.35 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 1.55 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -3.16 Bn |
| 10 | Northern Oil & Gas | 2.04 Bn | 2.00 Bn | -124.72 Mn | -522.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -522.85 Mn |
| Dec 31, 2025 | -70.73 Mn |
| Sep 30, 2025 | -129.10 Mn |
| Jun 30, 2025 | 99.59 Mn |
| Mar 31, 2025 | 138.98 Mn |
| Dec 31, 2024 | 71.73 Mn |
| Sep 30, 2024 | 298.42 Mn |
| Jun 30, 2024 | 138.60 Mn |
| Mar 31, 2024 | 11.65 Mn |
| Dec 31, 2023 | 388.85 Mn |
| Sep 30, 2023 | 26.11 Mn |
| Jun 30, 2023 | 167.83 Mn |
| Mar 31, 2023 | 340.19 Mn |
| Dec 31, 2022 | 145.07 Mn |
| Sep 30, 2022 | 583.47 Mn |
| Jun 30, 2022 | 251.26 Mn |
| Mar 31, 2022 | -206.56 Mn |
| Dec 31, 2021 | 174.73 Mn |
| Sep 30, 2021 | 12.55 Mn |
| Jun 30, 2021 | -90.56 Mn |