Northern Oil & Gas (NOG) Debt Ratio (2010 - 2026)

Northern Oil & Gas' Debt Ratio history runs 17 years deep, the most recent figure standing at 0.51 for Q1 2026.

• In Q1 2026, Debt Ratio rose 23.82% year-over-year to 0.51; the TTM figure through Mar 2026 stood at 0.51 (up 23.82% YoY), while the FY2025 annual figure was 0.44, up 3.86% from the prior year.
• Debt Ratio was 0.51 for Q1 2026 at Northern Oil & Gas, up from 0.44 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.74 in Q1 2022 to a low of 0.39 in Q3 2024.
• Historically, Debt Ratio has averaged 0.48 across 5 years, with a median of 0.44 in 2025.
• The sharpest annual moves came in 2023 and 2026: Debt Ratio plunged 30.17% in 2023, then increased 23.82% in 2026.
• A 5-year view of Debt Ratio shows it stood at 0.53 in 2022, then declined by 22.65% to 0.41 in 2023, then climbed by 3.21% to 0.43 in 2024, then grew by 3.86% to 0.44 in 2025, then rose by 15.22% to 0.51 in 2026.
• The last three Debt Ratio figures came in at 0.51 (Q1 2026), 0.44 (Q4 2025), and 0.43 (Q3 2025), per Business Quant data.