Northern Oil & Gas (NOG) FCF Payout Ratio (2021 - 2026)
Northern Oil & Gas' (NOG) quarterly FCF Payout Ratio came in at 0.14 in Q1 2026, down 52.75% year-on-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.
- On a quarterly basis, FCF Payout Ratio fell 52.75% year-over-year to 0.14 in Q1 2026; TTM through Mar 2026 was 0.1, a 132.92% increase from a year earlier, with the FY2025 full-year figure at 0.12, up 118.93% from the prior year.
- FCF Payout Ratio rose to 0.14 in Q1 2026 per NOG's latest filing, from 0.03 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 1.27 in Q2 2025 and bottomed at 0.04 in Q3 2022.
- The 5-year median for FCF Payout Ratio is 0.1 (2024), against an average of 0.19.
- Across the five-year window, FCF Payout Ratio plunged 464.61% in 2022 and soared 982.46% in 2025, its largest moves.
- Year by year, FCF Payout Ratio stood at 0.02 in 2022, then jumped by 482.22% to 0.1 in 2023, then sank by 129.26% 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.
- Per Business Quant, the three latest NOG FCF Payout Ratio figures stand at 0.14 (Q1 2026), 0.03 (Q4 2025), and 0.62 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 0.77 |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 0.19 |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 0.13 |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | -1.50 |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 0.26 |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 0.26 |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | - |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 0.08 |
| 10 | Northern Oil & Gas | 2.00 Bn | 1.96 Bn | -124.72 Mn | 0.14 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -0.02 |