Northern Oil & Gas (NOG) Deferred Taxes (2010 - 2026)
Northern Oil & Gas (NOG) posted quarterly Deferred Taxes of -$171.2 million for Q1 2026, down 467.06% year-over-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.
- 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 for Q1 2026 stood at -$171.2 million, down from -$15.6 million in the prior quarter.
- The five-year high for Deferred Taxes was $97.9 million in Q3 2024, with the low 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.
- Peak annual rise in Deferred Taxes reached 6001.08% in 2023, while the deepest fall reached 3225.68% in 2023.
- Northern Oil & Gas' Deferred Taxes stood at -$1.4 million in 2022, then jumped by 4368.68% to $58.7 million in 2023, then sank by 70.55% to $17.3 million in 2024, then sank by 190.18% to -$15.6 million in 2025, then tumbled by 997.5% to -$171.2 million in 2026.
- Business Quant data shows NOG's Deferred Taxes at -$171.2 million in Q1 2026, -$15.6 million in Q4 2025, and -$35.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 47.00 Mn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 225.55 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 346.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 36.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 95.00 Mn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 707.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 81.22 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | -1.61 Mn |
| 10 | Northern Oil & Gas | 2.89 Bn | 2.81 Bn | 618.15 Mn | 73.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 73.71 Mn |
| 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 |