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
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