Northern Oil & Gas (NOG) Depreciation and Depletion (2010 - 2013)
Northern Oil & Gas (NOG) reported Depreciation and Depletion of $26.44 million for Q2 2013, up 3.6% from $25.52 million a year earlier but down 0.9% from the prior quarter.
Northern Oil & Gas (NOG) Depreciation and Depletion (2010 - 2013) Analysis & Trends
Over the twelve months ended Jun 30, 2013, Northern Oil & Gas' Depreciation and Depletion came in at $107.7 million, up 55.1% year-over-year; for FY2012, it came in at $98.43 million, up 141.2% from FY2011.
- Depreciation and Depletion has increased for three consecutive years, with a three-year compound annual growth rate of 185.0% (FY2009 to FY2012).
- By year, Depreciation and Depletion came in at $40.82 million in FY2011 (+141.7%), $16.88 million in FY2010 (+297.2%) and $4.25 million in FY2009.
- Five-year quarterly Depreciation and Depletion spans a low of $3.77 million in Q3 2010 and a high of $27.95 million in Q3 2012.
- Year over year, Depreciation and Depletion has now increased in each of the last eight quarters, with growth averaging 114.8% over the last eight quarters.
- Over the past five years, the year-over-year growth in Depreciation and Depletion ranged from 3.6% (Q2 2013) to 205.6% (Q2 2012).
- Per Business Quant data, the three quarters before Q2 2013 came in at $26.67 million (Q1 2013), $26.65 million (Q4 2012) and $27.95 million (Q3 2012).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - | - |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn | - |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn | - |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - | - |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - | - |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn | - |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - | - |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn | - |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - | - |
| 10 | Northern Oil & Gas | 2.54 Bn | 2.41 Bn | 618.15 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2013 | 26.44 Mn |
| Mar 31, 2013 | 26.67 Mn |
| Dec 31, 2012 | 26.65 Mn |
| Sep 30, 2012 | 27.95 Mn |
| Jun 30, 2012 | 25.52 Mn |
| Mar 31, 2012 | 18.31 Mn |
| Dec 31, 2011 | 14.85 Mn |
| Sep 30, 2011 | 10.75 Mn |
| Jun 30, 2011 | 8.35 Mn |
| Mar 31, 2011 | 6.86 Mn |
| Dec 31, 2010 | 8.63 Mn |
| Sep 30, 2010 | 3.77 Mn |
Northern Oil & Gas Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=NOG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "NOG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();