Northern Oil & Gas (NOG) Enterprise Value (2010 - 2026)
Northern Oil & Gas (NOG) posted Enterprise Value of $1.89 billion for Q2 2026, down 31.2% from $2.74 billion a year earlier and down 38.3% from the prior quarter.
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Analysis
Northern Oil & Gas (NOG) Enterprise Value (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Enterprise Value at Northern Oil & Gas was $1.8 billion, down 32.3% year-over-year; for FY2025, it was $2.07 billion, down 43.6% from FY2024.
- Annual Enterprise Value shows a five-year compound annual growth rate of 38.9% (FY2020 to FY2025).
- In prior years, Northern Oil & Gas' Enterprise Value was $3.67 billion in FY2024 (-1.4%), $3.73 billion in FY2023 (+42.1%), $2.62 billion in FY2022 (+103.8%) and $1.29 billion in FY2021 (+221.1%).
- The Q2 2026 figure stands as the lowest quarterly Enterprise Value since Q4 2021.
- On a year-over-year basis, Enterprise Value increased in 1 of the last eight quarters, with an average decline of 20.3%.
- The strongest year-over-year quarter for Enterprise Value in the past five years was Q3 2021, with growth of 444.6%; the weakest was Q4 2025, with a decline of 43.6%.
- According to Business Quant data, Enterprise Value for the three prior quarters was $3.06 billion (Q1 2026), $2.07 billion (Q4 2025) and $2.39 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - |
| 10 | Northern Oil & Gas | 2.42 Bn | 2.29 Bn | 618.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.89 Bn |
| Mar 31, 2026 | 3.06 Bn |
| Dec 31, 2025 | 2.07 Bn |
| Sep 30, 2025 | 2.39 Bn |
| Jun 30, 2025 | 2.74 Bn |
| Mar 31, 2025 | 2.95 Bn |
| Dec 31, 2024 | 3.67 Bn |
| Sep 30, 2024 | 3.50 Bn |
| Jun 30, 2024 | 3.72 Bn |
| Mar 31, 2024 | 3.98 Bn |
| Dec 31, 2023 | 3.73 Bn |
| Sep 30, 2023 | 3.73 Bn |
| Jun 30, 2023 | 3.18 Bn |
| Mar 31, 2023 | 2.58 Bn |
| Dec 31, 2022 | 2.62 Bn |
| Sep 30, 2022 | 2.15 Bn |
| Jun 30, 2022 | 2.00 Bn |
| Mar 31, 2022 | 2.17 Bn |
| Dec 31, 2021 | 1.29 Bn |
| Sep 30, 2021 | 1.41 Bn |
API Access
Northern Oil & Gas Enterprise Value 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=enterprise-value&ticker=NOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();