Northern Oil & Gas (NOG) EBITDA (2011 - 2026)
Northern Oil & Gas (NOG) posted EBITDA of $545.42 million for Q2 2026, up 42.8% from $381.91 million a year earlier.
Powered by 
Analysis
Northern Oil & Gas (NOG) EBITDA (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA at Northern Oil & Gas was $331.46 million, down 81.3% year-over-year; for FY2025, it was $1.06 billion, down 32.8% from FY2024.
- In prior years, Northern Oil & Gas' EBITDA was $1.58 billion in FY2024 (-1.8%), $1.61 billion in FY2023 (+45.6%), $1.1 billion in FY2022 (+404.8%) and $218.79 million in FY2021.
- The Q2 2026 figure stands as the highest quarterly EBITDA since Q3 2024.
- On a year-over-year basis, EBITDA increased in three of the last seven quarters, with growth averaging 28.4%.
- The strongest year-over-year quarter for EBITDA in the past five years was Q3 2022, with growth of 967.0%; the weakest was Q3 2025, with a decline of 88.1%.
- According to Business Quant data, EBITDA for the three prior quarters was -$457.79 million (Q1 2026), $170.24 million (Q4 2025) and $73.59 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 743.20 Bn | 699.68 Bn | - | 28.34 Bn |
| 2 | Chevron | 447.03 Bn | 419.15 Bn | 33.45 Bn | -13.84 Bn |
| 3 | Shell | 310.50 Bn | 240.25 Bn | 30.13 Bn | 27.62 Bn |
| 4 | TotalEnergies SE | 198.52 Bn | 79.10 Bn | 61.77 Bn | 18.43 Bn |
| 5 | Conocophillips | 177.09 Bn | 149.80 Bn | 12.81 Bn | 13.36 Bn |
| 6 | Equinor Asa | 119.58 Bn | 34.03 Bn | - | 15.71 Bn |
| 7 | Phillips 66 | 116.56 Bn | 104.35 Bn | 8.38 Bn | -38.11 Bn |
| 8 | Canadian Natural Resources | 113.43 Bn | 110.44 Bn | 8.84 Bn | 10.10 Bn |
| 9 | Suncor Energy | 96.25 Bn | 82.00 Bn | - | 2.37 Bn |
| 10 | Northern Oil & Gas | 2.91 Bn | 2.78 Bn | 618.15 Mn | 547.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 547.98 Mn |
| Mar 31, 2026 | -455.27 Mn |
| Dec 31, 2025 | 172.85 Mn |
| Sep 30, 2025 | 76.60 Mn |
| Jun 30, 2025 | 384.49 Mn |
| Mar 31, 2025 | 437.36 Mn |
| Dec 31, 2024 | 339.73 Mn |
| Sep 30, 2024 | 622.00 Mn |
| Jun 30, 2024 | 397.93 Mn |
| Mar 31, 2024 | 228.48 Mn |
| Dec 31, 2023 | 637.50 Mn |
| Sep 30, 2023 | 178.40 Mn |
| Jun 30, 2023 | 343.12 Mn |
| Mar 31, 2023 | 456.96 Mn |
| Dec 31, 2022 | 246.51 Mn |
| Sep 30, 2022 | 671.76 Mn |
| Jun 30, 2022 | 325.99 Mn |
| Mar 31, 2022 | -134.82 Mn |
| Dec 31, 2021 | 234.12 Mn |
| Sep 30, 2021 | 63.73 Mn |
API Access
Northern Oil & Gas EBITDA 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=ebitda&ticker=NOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();