Northern Oil & Gas (NOG) Debt Ratio (2011 - 2026)

Northern Oil & Gas' Debt Ratio history runs 16 years deep, the most recent figure standing at 0.46 for Q1 2026.

• On a quarterly basis, Debt Ratio rose 13.63% year-over-year to 0.46 in Q1 2026; TTM through Mar 2026 was 0.46, a 13.63% increase from a year earlier, with the FY2025 full-year figure at 0.44, up 4.74% from the prior year.
• Debt Ratio advanced to 0.46 in Q1 2026 per NOG's latest filing, from 0.44 in the prior quarter.
• Across five years, Debt Ratio topped out at 0.55 in Q1 2022 and bottomed at 0.39 in Q3 2024.
• The 5-year median for Debt Ratio is 0.44 (2025), against an average of 0.45.
• Across the five-year window, Debt Ratio sank 40.9% in 2022 and climbed 13.63% in 2026, its largest moves.
• Year by year, Debt Ratio stood at 0.53 in 2022, then fell by 23.35% to 0.41 in 2023, then increased by 3.29% to 0.42 in 2024, then increased by 4.74% to 0.44 in 2025, then climbed by 4.48% to 0.46 in 2026.
• Per Business Quant, the three latest NOG Debt Ratio figures stand at 0.46 (Q1 2026), 0.44 (Q4 2025), and 0.43 (Q3 2025).