Northern Oil & Gas (NOG) Deferred Taxes (2010 - 2026)

Northern Oil & Gas' (NOG) quarterly Deferred Taxes came in at -$171.2 million in Q1 2026, down 467.06% year-on-year from $46.6 million in Q1 2025, and down 997.5% quarter-over-quarter from -$15.6 million in Q4 2025.

Northern Oil & Gas (NOG) Deferred Taxes (2010 - 2026) Analysis & Trends

Northern Oil & Gas' Deferred Taxes history runs 16 years deep, the most recent figure standing at -$171.2 million for Q1 2026.

  • On a quarterly basis, Deferred Taxes fell 467.06% year-over-year to -$171.2 million in Q1 2026; TTM through Mar 2026 was -$194.3 million, a 195.51% decrease from a year earlier, with the FY2025 full-year figure at $23.6 million, down 85.23% from the prior year.
  • Deferred Taxes fell to -$171.2 million in Q1 2026 per NOG's latest filing, from -$15.6 million in the prior quarter.
  • Across five years, Deferred Taxes topped out at $97.9 million in Q3 2024 and bottomed at -$171.2 million in Q1 2026.
  • The 5-year median for Deferred Taxes is $789000.0 (2022), against an average of $5.2 million.
  • Biggest YoY gain for Deferred Taxes was 6001.08% in 2023; the steepest drop was 3225.68% in 2023.
  • Year by year, Deferred Taxes stood at -$1.4 million in 2022, then surged by 4368.68% to $58.7 million in 2023, then plunged by 70.55% to $17.3 million in 2024, then plunged by 190.18% to -$15.6 million in 2025, then slumped by 997.5% to -$171.2 million in 2026.
  • Per Business Quant, the three latest NOG Deferred Taxes figures stand at -$171.2 million (Q1 2026), -$15.6 million (Q4 2025), and -$35.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 102.00 Mn
2 Eog Resources 74.61 Bn 70.76 Bn - 18.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn -242.00 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 50.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 81.22 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -3.58 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 234.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 319.00 Mn
10 Northern Oil & Gas 2.00 Bn 1.96 Bn -124.72 Mn -171.22 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -171.22 Mn
Dec 31, 2025 -15.60 Mn
Sep 30, 2025 -35.50 Mn
Jun 30, 2025 28.03 Mn
Mar 31, 2025 46.65 Mn
Dec 31, 2024 17.30 Mn
Sep 30, 2024 97.87 Mn
Jun 30, 2024 41.62 Mn
Mar 31, 2024 2.76 Mn
Dec 31, 2023 58.74 Mn
Sep 30, 2023 -20.69 Mn
Jun 30, 2023 38.12 Mn
Mar 31, 2023 692,000.00
Dec 31, 2022 -1.38 Mn
Sep 30, 2022 662,000.00
Jun 30, 2022 -646,000.00
Mar 31, 2022 789,000.00
Dec 31, 2021 233,000.00
Mar 31, 2020 210,000.00
Dec 31, 2019 210,000.00