Northern Oil & Gas (NOG) EBIT (2011 - 2026)

Northern Oil & Gas' (NOG) quarterly EBIT came in at -$654.9 million in Q1 2026, down 385.62% year-on-year from $229.3 million in Q1 2025, and down 1835.29% quarter-over-quarter from -$33.8 million in Q4 2025.

Northern Oil & Gas (NOG) EBIT (2011 - 2026) Analysis & Trends

Northern Oil & Gas' EBIT history runs 16 years deep, the most recent figure standing at -$654.9 million for Q1 2026.

  • On a quarterly basis, EBIT fell 385.62% year-over-year to -$654.9 million in Q1 2026; TTM through Mar 2026 was -$638.3 million, a 162.9% decrease from a year earlier, with the FY2025 full-year figure at $245.8 million, down 70.66% from the prior year.
  • EBIT retreated to -$654.9 million in Q1 2026 per NOG's latest filing, from -$33.8 million in the prior quarter.
  • Across five years, EBIT topped out at $604.6 million in Q3 2022 and bottomed at -$654.9 million in Q1 2026.
  • The 5-year median for EBIT is $176.2 million (2025), against an average of $141.4 million.
  • Across the five-year window, EBIT surged 2142.39% in 2022 and sank 385.62% in 2026, its largest moves.
  • Year by year, EBIT stood at $167.5 million in 2022, then jumped by 188.92% to $484.0 million in 2023, then tumbled by 72.6% to $132.6 million in 2024, then sank by 125.51% to -$33.8 million in 2025, then sank by 1835.29% to -$654.9 million in 2026.
  • Per Business Quant, the three latest NOG EBIT figures stand at -$654.9 million (Q1 2026), -$33.8 million (Q4 2025), and -$125.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 7.20 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 2.60 Bn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 116.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 2.71 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 19.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 394.04 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 182.33 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 166.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 1.53 Bn
10 Northern Oil & Gas 2.00 Bn 1.96 Bn -124.72 Mn -654.88 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -654.88 Mn
Dec 31, 2025 -33.84 Mn
Sep 30, 2025 -125.76 Mn
Jun 30, 2025 176.17 Mn
Mar 31, 2025 229.28 Mn
Dec 31, 2024 132.64 Mn
Sep 30, 2024 433.94 Mn
Jun 30, 2024 218.94 Mn
Mar 31, 2024 52.32 Mn
Dec 31, 2023 484.04 Mn
Sep 30, 2023 42.44 Mn
Jun 30, 2023 234.79 Mn
Mar 31, 2023 360.59 Mn
Dec 31, 2022 167.53 Mn
Sep 30, 2022 604.64 Mn
Jun 30, 2022 270.10 Mn
Mar 31, 2022 -189.08 Mn
Dec 31, 2021 190.29 Mn
Sep 30, 2021 26.96 Mn
Jun 30, 2021 -74.92 Mn