Northern Oil & Gas (NOG) EBITDA Margin (2011 - 2026)

Northern Oil & Gas' (NOG) quarterly EBITDA Margin came in at 13022.13% in Q1 2026, down 1306021.0% year-on-year from N/an in Q1 2025, and down 234712.44% quarter-over-quarter from 5.55% in Q4 2025.

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

Northern Oil & Gas' EBITDA Margin history runs 16 years deep, the most recent figure standing at 13022.13% for Q1 2026.

  • On a quarterly basis, EBITDA Margin fell 1306021.0% year-over-year to 13022.13% in Q1 2026; TTM through Mar 2026 was 33.98%, a 7571.0% decrease from a year earlier, with the FY2025 full-year figure at 9.93%, down 2771.0% from the prior year.
  • EBITDA Margin eased to 13022.13% in Q1 2026 per NOG's latest filing, from 5.55% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 76.38% in Q3 2022 and bottomed at 13022.13% in Q1 2026.
  • The 5-year median for EBITDA Margin is 38.08% (2025), against an average of 768.08%.
  • Across the five-year window, EBITDA Margin surged 63613 bps in 2023 and sank 1306021 bps in 2026, its largest moves.
  • Year by year, EBITDA Margin stood at 45.23% in 2022, then soared by 35 bps to 61.0% in 2023, then slumped by 58 bps to 25.76% in 2024, then sank by 122 bps to 5.55% in 2025, then plunged by 234712 bps to 13022.13% in 2026.
  • Per Business Quant, the three latest NOG EBITDA Margin figures stand at 13022.13% (Q1 2026), 5.55% (Q4 2025), and 22.59% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 45.70%
2 Eog Resources 74.61 Bn 70.76 Bn - 37.54%
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 2.74%
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 89.26%
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 0.36%
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 21.77%
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 76.99%
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 3.68%
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 34.82%
10 Northern Oil & Gas 2.00 Bn 1.96 Bn -124.72 Mn -13,022.13%

Historic Data

Download Data
DateValue
Mar 31, 2026 -13,022.13%
Dec 31, 2025 -5.55%
Sep 30, 2025 -22.59%
Jun 30, 2025 24.92%
Mar 31, 2025 38.08%
Dec 31, 2024 25.76%
Sep 30, 2024 57.58%
Jun 30, 2024 39.04%
Mar 31, 2024 13.20%
Dec 31, 2023 61.00%
Sep 30, 2023 13.52%
Jun 30, 2023 49.27%
Mar 31, 2023 61.93%
Dec 31, 2022 45.23%
Sep 30, 2022 76.38%
Jun 30, 2022 61.19%
Mar 31, 2022 -574.20%
Dec 31, 2021 -130.49%
Sep 30, 2021 20.50%
Jun 30, 2021 -33.19%