Northern Oil & Gas (NOG) FCF Margin (2011 - 2026)

Northern Oil & Gas' (NOG) quarterly FCF Margin came in at 6433.88% in Q1 2026, up 641006.0% year-on-year from N/an in Q1 2025, and up 3026.79% quarter-over-quarter from 205.77% in Q4 2025.

Northern Oil & Gas (NOG) FCF Margin (2011 - 2026) Analysis & Trends

Northern Oil & Gas' FCF Margin history runs 16 years deep, the most recent figure standing at 6433.88% for Q1 2026.

  • On a quarterly basis, FCF Margin rose 641006.0% year-over-year to 6433.88% in Q1 2026; TTM through Mar 2026 was 89.67%, a 11084.0% increase from a year earlier, with the FY2025 full-year figure at 60.77%, up 7272.0% from the prior year.
  • FCF Margin rose to 6433.88% in Q1 2026 per NOG's latest filing, from 205.77% in the prior quarter.
  • Across five years, FCF Margin topped out at 6433.88% in Q1 2026 and bottomed at 268.8% in Q4 2024.
  • The 5-year median for FCF Margin is 51.18% (2024), against an average of 447.38%.
  • Across the five-year window, FCF Margin slumped 42119 bps in 2023 and jumped 641006 bps in 2026, its largest moves.
  • Year by year, FCF Margin stood at 299.22% in 2022, then plunged by 86 bps to 43.06% in 2023, then plunged by 724 bps to 268.8% in 2024, then jumped by 177 bps to 205.77% in 2025, then soared by 3027 bps to 6433.88% in 2026.
  • Per Business Quant, the three latest NOG FCF Margin figures stand at 6433.88% (Q1 2026), 205.77% (Q4 2025), and 12.72% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 8.55%
2 Eog Resources 74.61 Bn 70.76 Bn - 40.64%
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 21.11%
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn -5.22%
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 21.98%
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 68.41%
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 18.10%
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 38.55%
10 Northern Oil & Gas 2.00 Bn 1.96 Bn -124.72 Mn 6,433.88%

Historic Data

Download Data
DateValue
Mar 31, 2026 6,433.88%
Dec 31, 2025 205.77%
Sep 30, 2025 12.72%
Jun 30, 2025 4.92%
Mar 31, 2025 23.83%
Dec 31, 2024 -268.80%
Sep 30, 2024 51.18%
Jun 30, 2024 60.71%
Mar 31, 2024 98.93%
Dec 31, 2023 43.06%
Sep 30, 2023 84.02%
Jun 30, 2023 64.53%
Mar 31, 2023 46.21%
Dec 31, 2022 299.22%
Sep 30, 2022 -68.74%
Jun 30, 2022 46.62%
Mar 31, 2022 467.41%
Dec 31, 2021 -91.13%
Sep 30, 2021 226.73%
Jun 30, 2021 -42.58%