Northern Oil & Gas (NOG) EBT (2011 - 2026)
Northern Oil & Gas' (NOG) quarterly EBT came in at -$695.9 million in Q1 2026, down 474.58% year-on-year from $185.8 million in Q1 2025, and down 708.66% quarter-over-quarter from -$86.1 million in Q4 2025.
Northern Oil & Gas (NOG) EBT (2011 - 2026) Analysis & Trends
Northern Oil & Gas' EBT history runs 16 years deep, the most recent figure standing at -$695.9 million for Q1 2026.
- On a quarterly basis, EBT fell 474.58% year-over-year to -$695.9 million in Q1 2026; TTM through Mar 2026 was -$819.0 million, a 196.11% decrease from a year earlier, with the FY2025 full-year figure at $62.7 million, down 90.79% from the prior year.
- EBT declined to -$695.9 million in Q1 2026 per NOG's latest filing, from -$86.1 million in the prior quarter.
- Across five years, EBT topped out at $584.8 million in Q3 2022 and bottomed at -$695.9 million in Q1 2026.
- The 5-year median for EBT is $145.0 million (2022), against an average of $107.3 million.
- Across the five-year window, EBT jumped 7230.19% in 2024 and tumbled 474.58% in 2026, its largest moves.
- Year by year, EBT stood at $145.0 million in 2022, then jumped by 208.61% to $447.6 million in 2023, then sank by 80.38% to $87.8 million in 2024, then tumbled by 197.97% to -$86.1 million in 2025, then sank by 708.66% to -$695.9 million in 2026.
- Per Business Quant, the three latest NOG EBT figures stand at -$695.9 million (Q1 2026), -$86.1 million (Q4 2025), and -$168.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 3.36 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 2.56 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 176.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 1.90 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 390.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 366.38 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 183.56 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 28.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 1.49 Bn |
| 10 | Northern Oil & Gas | 2.00 Bn | 1.96 Bn | -124.72 Mn | -695.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -90.56 Mn |