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| 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 |