Northern Oil & Gas (NOG) EBT (2011 - 2026)
Northern Oil & Gas' EBT was $310.6 million in Q2 2026, up 135.7% from $131.78 million a year earlier.
Northern Oil & Gas (NOG) EBT (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Northern Oil & Gas' EBT was -$640.18 million through Jun 30, 2026; for FY2025, it came in at $62.71 million, down 90.8% from FY2024.
- In earlier years, EBT was $680.82 million in FY2024 (-32.0%), $1 billion in FY2023 (+28.9%), $776.34 million in FY2022 and $6.59 million in FY2021.
- The Q2 2026 figure marks the highest quarterly EBT since Q3 2024.
- The best year-over-year quarter for EBT over five years was Q4 2023 (growth of 208.6%); the worst was Q3 2023 (a decline of 99.1%).
- Per Business Quant data, NOG's EBT in the three quarters before Q2 2026 was -$695.92 million (Q1 2026), -$86.06 million (Q4 2025) and -$168.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 15.75 Bn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 16.70 Bn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 4.63 Bn |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 6.08 Bn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | 13.03 Bn |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 4.97 Bn |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 4.26 Bn |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 4.98 Bn |
| 10 | Northern Oil & Gas | 2.47 Bn | 2.34 Bn | 618.15 Mn | 310.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 310.60 Mn |
| Mar 31, 2026 | -695.92 Mn |
| Dec 31, 2025 | -86.06 Mn |
| Sep 30, 2025 | -168.80 Mn |
| Jun 30, 2025 | 131.78 Mn |
| Mar 31, 2025 | 185.79 Mn |
| Dec 31, 2024 | 87.84 Mn |
| Sep 30, 2024 | 397.22 Mn |
| Jun 30, 2024 | 181.30 Mn |
| Mar 31, 2024 | 14.45 Mn |
| Dec 31, 2023 | 447.61 Mn |
| Sep 30, 2023 | 5.42 Mn |
| Jun 30, 2023 | 206.83 Mn |
| Mar 31, 2023 | 340.88 Mn |
| Dec 31, 2022 | 145.04 Mn |
| Sep 30, 2022 | 584.80 Mn |
| Jun 30, 2022 | 252.27 Mn |
| Mar 31, 2022 | -205.77 Mn |
| Dec 31, 2021 | 174.96 Mn |
| Sep 30, 2021 | 12.55 Mn |
Northern Oil & Gas EBT 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=ebt&ticker=NOG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "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=ebt&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();