Northern Oil & Gas (NOG) FCF Payout Ratio (2021 - 2026)

Northern Oil & Gas (NOG) recorded quarterly FCF Payout Ratio of 0.14 in Q1 2026, up 294.92% quarter-over-quarter from 0.03 in Q4 2025, and up 34.01% on a YoY basis from 0.1 in Q1 2025.

Northern Oil & Gas (NOG) FCF Payout Ratio (2021 - 2026) Analysis & Trends

Northern Oil & Gas' FCF Payout Ratio history runs 6 years deep, the most recent figure standing at 0.14 for Q1 2026.

  • In Q1 2026, FCF Payout Ratio rose 34.01% year-over-year to 0.14; the TTM figure through Mar 2026 stood at 0.12 (down 88.19% YoY), while the FY2025 annual figure was 0.12, up 118.93% from the prior year.
  • FCF Payout Ratio was 0.14 for Q1 2026 at Northern Oil & Gas, up from 0.03 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 0.62 in Q3 2025 to a low of 2.7 in Q1 2024.
  • Historically, FCF Payout Ratio has averaged 0.13 across 5 years, with a median of 0.03 in 2023.
  • The sharpest annual moves came in 2024 and 2025: FCF Payout Ratio plunged 1682.05% in 2024, then surged 1473.01% in 2025.
  • A 5-year view of FCF Payout Ratio shows it stood at 0.07 in 2022, then tumbled by 133.98% to 0.02 in 2023, then fell by 29.99% to 0.03 in 2024, then surged by 215.33% to 0.03 in 2025, then surged by 294.92% to 0.14 in 2026.
  • The last three FCF Payout Ratio figures came in at 0.14 (Q1 2026), 0.03 (Q4 2025), and 0.62 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -0.59
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 0.77
4 Eog Resources 72.93 Bn 69.08 Bn - 0.19
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 0.33
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 0.13
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 0.04
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 0.00
10 Northern Oil & Gas 2.04 Bn 2.00 Bn -124.72 Mn 0.14

Historic Data

Download Data
DateValue
Mar 31, 2026 0.14
Dec 31, 2025 0.03
Sep 30, 2025 0.62
Jun 30, 2025 -0.19
Mar 31, 2025 0.10
Dec 31, 2024 -0.03
Sep 30, 2024 0.04
Jun 30, 2024 0.34
Mar 31, 2024 -2.70
Dec 31, 2023 -0.02
Sep 30, 2023 0.03
Jun 30, 2023 -0.53
Mar 31, 2023 -0.15
Dec 31, 2022 0.07
Sep 30, 2022 0.02
Jun 30, 2022 0.15
Mar 31, 2022 -0.04
Dec 31, 2021 -0.28
Sep 30, 2021 -0.04
Jun 30, 2021 -0.02