Northern Oil & Gas (NOG) Enterprise Value (2010 - 2026)

Northern Oil & Gas' (NOG) quarterly Enterprise Value came in at -$44.7 million in Q1 2026, up 48.29% year-on-year from -$30.2 million in Q1 2025, and up 75.29% quarter-over-quarter from -$181.0 million in Q4 2025.

Northern Oil & Gas (NOG) Enterprise Value (2010 - 2026) Analysis & Trends

Northern Oil & Gas' Enterprise Value history runs 17 years deep, the most recent figure standing at -$44.7 million for Q1 2026.

  • On a quarterly basis, Enterprise Value rose 48.29% year-over-year to -$44.7 million in Q1 2026; TTM through Mar 2026 was -$44.7 million, a 48.29% increase from a year earlier, with the FY2025 full-year figure at -$181.0 million, down 226.33% from the prior year.
  • Enterprise Value improved to -$44.7 million in Q1 2026 per NOG's latest filing, from -$181.0 million in the prior quarter.
  • Across five years, Enterprise Value topped out at -$5.1 million in Q1 2022 and bottomed at -$181.0 million in Q4 2025.
  • The 5-year median for Enterprise Value is -$78.1 million (2023), against an average of -$77.1 million.
  • Across the five-year window, Enterprise Value slumped 2050.0% in 2022 and soared 67.24% in 2024, its largest moves.
  • Year by year, Enterprise Value stood at -$37.8 million in 2022, then plunged by 121.91% to -$83.9 million in 2023, then surged by 33.92% to -$55.5 million in 2024, then plunged by 226.33% to -$181.0 million in 2025, then jumped by 75.29% to -$44.7 million in 2026.
  • Per Business Quant, the three latest NOG Enterprise Value figures stand at -$44.7 million (Q1 2026), -$181.0 million (Q4 2025), and -$160.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn -6.36 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - -3.85 Bn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 6.17 Bn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -5.94 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn -3.18 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 3.49 Bn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -247.57 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn -1.82 Bn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn -2.31 Bn
10 Northern Oil & Gas 2.00 Bn 1.96 Bn -124.72 Mn -44.72 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -44.72 Mn
Dec 31, 2025 -180.98 Mn
Sep 30, 2025 -160.82 Mn
Jun 30, 2025 -135.14 Mn
Mar 31, 2025 -86.48 Mn
Dec 31, 2024 -55.46 Mn
Sep 30, 2024 -135.15 Mn
Jun 30, 2024 -27.35 Mn
Mar 31, 2024 -69.18 Mn
Dec 31, 2023 -83.93 Mn
Sep 30, 2023 -78.11 Mn
Jun 30, 2023 -83.48 Mn
Mar 31, 2023 -78.23 Mn
Dec 31, 2022 -37.82 Mn
Sep 30, 2022 -43.13 Mn
Jun 30, 2022 -5.08 Mn
Mar 31, 2022 -5.06 Mn
Dec 31, 2021 -12.04 Mn
Sep 30, 2021 -2.01 Mn
Jun 30, 2021 -5.36 Mn