Northern Oil & Gas NOG
NYSE NOG
$27.34 +0.43 (+1.60%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Northern Oil & Gas (NOG) posted quarterly FCF Payout Ratio of 0.14 for Q1 2026, down 52.75% year-over-year from 0.29 in Q1 2025, and up 294.92% quarter-over-quarter from 0.03 in Q4 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 fell 52.75% year-over-year to 0.14; the TTM figure through Mar 2026 stood at 0.1 (up 132.92% YoY), while the FY2025 annual figure was 0.12, up 118.93% from the prior year.
  • FCF Payout Ratio for Q1 2026 stood at 0.14, up from 0.03 in the prior quarter.
  • The five-year high for FCF Payout Ratio was 1.27 in Q2 2025, with the low at 0.04 in Q3 2022.
  • The 5-year median for FCF Payout Ratio is 0.1 (2024), against an average of 0.19.
  • The sharpest annual moves came in 2022 and 2025: FCF Payout Ratio tumbled 464.61% in 2022, then soared 982.46% in 2025.
  • Northern Oil & Gas' FCF Payout Ratio stood at 0.02 in 2022, then soared by 482.22% to 0.1 in 2023, then slumped by 129.26% to 0.03 in 2024, then jumped by 215.33% to 0.03 in 2025, then jumped by 294.92% to 0.14 in 2026.
  • Business Quant data shows NOG's FCF Payout Ratio at 0.14 in Q1 2026, 0.03 in Q4 2025, and 0.62 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Conocophillips 164.44 Bn 156.75 Bn 12.81 Bn 0.23
2 Canadian Natural Resources 106.98 Bn 105.09 Bn 10.66 Bn -0.55
3 Eog Resources 80.47 Bn 75.56 Bn - 0.18
4 Diamondback Energy 59.28 Bn 58.82 Bn 5.55 Bn 0.12
5 Woodside Energy 46.13 Bn 40.18 Bn 6.02 Bn -
6 Devon Energy 46.12 Bn 45.11 Bn 6.02 Bn 0.16
7 Occidental Petroleum 39.25 Bn 35.10 Bn 7.73 Bn 0.12
8 Eqt 33.67 Bn 33.56 Bn 1.42 Bn 0.34
9 Texas Pacific Land 26.50 Bn 26.25 Bn - 0.59
10 Northern Oil & Gas 2.89 Bn 2.81 Bn 618.15 Mn -0.81

Historic Data

Download Data
DateValue
Jun 30, 2026 -0.81
Mar 31, 2026 0.14
Dec 31, 2025 0.03
Sep 30, 2025 0.62
Jun 30, 2025 1.27
Mar 31, 2025 0.29
Dec 31, 2024 -0.03
Sep 30, 2024 0.10
Jun 30, 2024 0.12
Mar 31, 2024 0.10
Dec 31, 2023 0.10
Sep 30, 2023 0.13
Jun 30, 2023 0.11
Mar 31, 2023 0.11
Dec 31, 2022 0.02
Sep 30, 2022 -0.04
Jun 30, 2022 0.07
Mar 31, 2022 0.07
Dec 31, 2021 0.02
Sep 30, 2021 0.01