Northern Oil & Gas (NOG) EBT Margin (2009 - 2026)
Northern Oil & Gas' EBT Margin came in at -36.27% for Q3 2026, down 5.95 percentage points from -30.33% a year earlier and down 77.95 percentage points from the prior quarter.
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Analysis
Northern Oil & Gas (NOG) EBT Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Northern Oil & Gas reported EBT Margin of -34.98%, down 44.92 percentage points year-over-year; for FY2025, it came in at 2.53%, down 28.06 percentage points from FY2024.
- EBT Margin has declined in each of the last three years, though with a five-year change of +166.64 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was 30.59% in FY2024 (-15.61 pp), 46.20% in FY2023 (-3.23 pp), 49.43% in FY2022 (+48.10 pp) and 1.33% in FY2021 (+165.43 pp).
- The five-year range for quarterly EBT Margin is -13838.08% (Q1 2026) to 73.87% (Q3 2022).
- Year-over-year, EBT Margin increased in two of the last eight quarters, with an average year-over-year change of -1748.98 percentage points.
- The fastest year-over-year change in EBT Margin over five years came in Q1 2023 (a gain of 683.42 percentage points), and the weakest in Q1 2026 (a drop of 13868.94 percentage points).
- Business Quant data shows NOG's EBT Margin at 41.68% (Q2 2026), -13838.08% (Q1 2026) and -14.10% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 18.77% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 977.98% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 20.10% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 40.49% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 9.56% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 29.82% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 34.19% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 24.96% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 13.80% |
| 10 | Northern Oil & Gas | 2.66 Bn | 2.53 Bn | 202.42 Mn | -36.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -36.27% |
| Jun 30, 2026 | 41.68% |
| Mar 31, 2026 | -13,838.08% |
| Dec 31, 2025 | -14.10% |
| Sep 30, 2025 | -30.33% |
| Jun 30, 2025 | 18.64% |
| Mar 31, 2025 | 30.86% |
| Dec 31, 2024 | 17.06% |
| Sep 30, 2024 | 52.71% |
| Jun 30, 2024 | 32.33% |
| Mar 31, 2024 | 3.65% |
| Dec 31, 2023 | 56.41% |
| Sep 30, 2023 | 1.73% |
| Jun 30, 2023 | 43.40% |
| Mar 31, 2023 | 58.55% |
| Dec 31, 2022 | 39.16% |
| Sep 30, 2022 | 73.87% |
| Jun 30, 2022 | 57.15% |
| Mar 31, 2022 | -624.87% |
| Sep 30, 2021 | 4.83% |
API Access
Northern Oil & Gas EBT 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=ebt-margin&ticker=NOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();