Northern Oil & Gas (NOG) Deferred Taxes (2010 - 2026)
Northern Oil & Gas (NOG) recorded quarterly Deferred Taxes of -$171.2 million in Q1 2026, down 997.5% quarter-over-quarter from -$15.6 million in Q4 2025, and down 467.06% on a YoY basis from $46.6 million in Q1 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.
- In Q1 2026, Deferred Taxes fell 467.06% year-over-year to -$171.2 million; the TTM figure through Mar 2026 stood at -$194.3 million (down 195.51% YoY), while the FY2025 annual figure was $23.6 million, down 85.23% from the prior year.
- Deferred Taxes was -$171.2 million for Q1 2026 at Northern Oil & Gas, down from -$15.6 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $97.9 million in Q3 2024 to a low of -$171.2 million in Q1 2026.
- Historically, Deferred Taxes has averaged $5.2 million across 5 years, with a median of $789000.0 in 2022.
- Biggest YoY gain for Deferred Taxes was 6001.08% in 2023; the steepest drop was 3225.68% in 2023.
- A 5-year view of Deferred Taxes shows it stood at -$1.4 million in 2022, then surged by 4368.68% to $58.7 million in 2023, then slumped by 70.55% to $17.3 million in 2024, then slumped by 190.18% to -$15.6 million in 2025, then plunged by 997.5% to -$171.2 million in 2026.
- The last three Deferred Taxes figures came in at -$171.2 million (Q1 2026), -$15.6 million (Q4 2025), and -$35.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | -126.15 Mn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 102.00 Mn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 18.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 50.00 Mn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | -242.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 19.69 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 410.40 Mn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -82.94 Mn |
| 10 | Northern Oil & Gas | 2.04 Bn | 2.00 Bn | -124.72 Mn | -171.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |