Northern Oil & Gas (NOG) EBITDA Margin (2011 - 2026)
Northern Oil & Gas (NOG) posted EBITDA Margin of 73.19% for Q2 2026, up 19.16 percentage points from 54.03% a year earlier and up 9176.09 percentage points from the prior quarter.
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Analysis
Northern Oil & Gas (NOG) EBITDA Margin (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA Margin at Northern Oil & Gas was 17.29%, down 51.53 percentage points year-over-year; for FY2025, it was 42.84%, down 28.09 percentage points from FY2024.
- Annual EBITDA Margin shows a five-year change of +165.83 percentage points (FY2020 to FY2025).
- In prior years, Northern Oil & Gas' EBITDA Margin was 70.93% in FY2024 (-3.29 pp), 74.22% in FY2023 (+3.90 pp), 70.32% in FY2022 (+26.29 pp) and 44.03% in FY2021 (+167.01 pp).
- The Q2 2026 figure stands as the highest quarterly EBITDA Margin since Q3 2024.
- On a year-over-year basis, EBITDA Margin increased in three of the last eight quarters, with an average year-over-year change of -1156.55 percentage points.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q1 2023, with a gain of 490.88 percentage points; the weakest was Q1 2026, with a drop of 9175.15 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was -9102.90% (Q1 2026), 27.90% (Q4 2025) and 13.22% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 743.20 Bn | 699.68 Bn | - | 24.43% |
| 2 | Chevron | 447.03 Bn | 419.15 Bn | 33.45 Bn | -19.76% |
| 3 | Shell | 310.50 Bn | 240.25 Bn | 30.13 Bn | 29.17% |
| 4 | TotalEnergies SE | 198.52 Bn | 79.10 Bn | 61.77 Bn | 29.83% |
| 5 | Conocophillips | 177.09 Bn | 149.80 Bn | 12.81 Bn | 68.45% |
| 6 | Equinor Asa | 119.58 Bn | 34.03 Bn | - | 44.67% |
| 7 | Phillips 66 | 116.56 Bn | 104.35 Bn | 8.38 Bn | -73.22% |
| 8 | Canadian Natural Resources | 113.43 Bn | 110.44 Bn | 8.84 Bn | 94.81% |
| 9 | Suncor Energy | 96.25 Bn | 82.00 Bn | - | 12.45% |
| 10 | Northern Oil & Gas | 2.91 Bn | 2.78 Bn | 618.15 Mn | 73.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 73.53% |
| Mar 31, 2026 | -9,052.89% |
| Dec 31, 2025 | 28.33% |
| Sep 30, 2025 | 13.76% |
| Jun 30, 2025 | 54.40% |
| Mar 31, 2025 | 72.64% |
| Dec 31, 2024 | 65.97% |
| Sep 30, 2024 | 82.53% |
| Jun 30, 2024 | 70.96% |
| Mar 31, 2024 | 57.65% |
| Dec 31, 2023 | 80.34% |
| Sep 30, 2023 | 56.82% |
| Jun 30, 2023 | 72.00% |
| Mar 31, 2023 | 78.49% |
| Dec 31, 2022 | 66.56% |
| Sep 30, 2022 | 84.86% |
| Jun 30, 2022 | 73.85% |
| Mar 31, 2022 | -409.42% |
| Sep 30, 2021 | 24.54% |
| Jun 30, 2021 | -19.12% |
API Access
Northern Oil & Gas EBITDA Margin 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-margin&ticker=NOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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-margin&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();