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Northern Oil & Gas (NOG) Equity Ratio (2016 - 2025)

Northern Oil & Gas has reported Equity Ratio over the past 16 years, most recently at 0.39 for Q4 2025.

  • Quarterly results put Equity Ratio at 0.39 for Q4 2025, down 5.07% from a year ago — trailing twelve months through Dec 2025 was 0.39 (down 5.07% YoY), and the annual figure for FY2025 was 0.39, down 5.07%.
  • Equity Ratio for Q4 2025 was 0.39 at Northern Oil & Gas, down from 0.41 in the prior quarter.
  • Over the last five years, Equity Ratio for NOG hit a ceiling of 0.46 in Q3 2024 and a floor of 0.21 in Q1 2021.
  • Median Equity Ratio over the past 5 years was 0.36 (2023), compared with a mean of 0.26.
  • Biggest five-year swings in Equity Ratio: tumbled 238.3% in 2021 and later skyrocketed 1897.97% in 2023.
  • Northern Oil & Gas' Equity Ratio stood at 0.14 in 2021, then surged by 83.48% to 0.26 in 2022, then surged by 76.17% to 0.46 in 2023, then decreased by 9.32% to 0.41 in 2024, then decreased by 5.07% to 0.39 in 2025.
  • The last three reported values for Equity Ratio were 0.39 (Q4 2025), 0.41 (Q3 2025), and 0.42 (Q2 2025) per Business Quant data.