Northern Oil & Gas (NOG) EBITDA (2009 - 2026)
Northern Oil & Gas (NOG) posted EBITDA of $133.73 million for Q3 2026, up 74.6% from $76.6 million a year earlier but down 75.6% from the prior quarter.
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Analysis
Northern Oil & Gas (NOG) EBITDA (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EBITDA at Northern Oil & Gas was $399.29 million, down 67.8% year-over-year; for FY2025, it was $1.07 billion, down 32.5% from FY2024.
- In prior years, Northern Oil & Gas' EBITDA was $1.59 billion in FY2024 (-1.7%), $1.62 billion in FY2023 (+45.7%), $1.11 billion in FY2022 (+398.5%) and $222.55 million in FY2021.
- Quarterly EBITDA has run from a low of -$455.27 million in Q1 2026 to a high of $671.76 million in Q3 2022 over five years.
- On a year-over-year basis, EBITDA increased in three of the last seven quarters, with growth averaging 3.1%.
- The strongest year-over-year quarter for EBITDA in the past five years was Q3 2022, with growth of 954.1%; the weakest was Q3 2025, with a decline of 87.7%.
- According to Business Quant data, EBITDA for the three prior quarters was $547.98 million (Q2 2026), -$455.27 million (Q1 2026) and $172.85 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 28.22 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 24.40 Bn |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 20.20 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 30.84 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 3.94 Bn |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 13.20 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 15.06 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 10.23 Bn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 7.94 Bn |
| 10 | Northern Oil & Gas | 2.66 Bn | 2.53 Bn | 202.42 Mn | 133.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 133.73 Mn |
| 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 |
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();