Northern Oil & Gas (NOG) Free Cash Flow (2010 - 2026)
Northern Oil & Gas (NOG) posted quarterly Free Cash Flow of $323.6 million for Q1 2026, up 125.55% year-over-year from $143.5 million in Q1 2025, and down 74.23% quarter-over-quarter from $1.3 billion in Q4 2025.
Northern Oil & Gas (NOG) Free Cash Flow (2010 - 2026) Analysis & Trends
Northern Oil & Gas' Free Cash Flow history runs 17 years deep, the most recent figure standing at $323.6 million for Q1 2026.
- In Q1 2026, Free Cash Flow rose 125.55% year-over-year to $323.6 million; the TTM figure through Mar 2026 stood at $1.7 billion (up 427.36% YoY), while the FY2025 annual figure was $1.5 billion, up 665.69% from the prior year.
- Free Cash Flow for Q1 2026 stood at $323.6 million, down from $1.3 billion in the prior quarter.
- The five-year high for Free Cash Flow was $1.3 billion in Q4 2025, with the low at -$1.4 billion in Q4 2024.
- The 5-year median for Free Cash Flow is $269.1 million (2023), against an average of $215.8 million.
- The sharpest annual moves came in 2022 and 2024: Free Cash Flow jumped 734.0% in 2022, then plunged 505.09% in 2024.
- Northern Oil & Gas' Free Cash Flow stood at $1.1 billion in 2022, then plunged by 69.17% to $341.7 million in 2023, then slumped by 505.09% to -$1.4 billion in 2024, then jumped by 190.7% to $1.3 billion in 2025, then plunged by 74.23% to $323.6 million in 2026.
- Business Quant data shows NOG's Free Cash Flow at $323.6 million in Q1 2026, $1.3 billion in Q4 2025, and $70.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 4.41 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 1.72 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 3.03 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 2.59 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 2.36 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 3.50 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 397.84 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 70.05 Mn |
| 10 | Northern Oil & Gas | 2.89 Bn | 2.81 Bn | 618.15 Mn | -58.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -58.19 Mn |
| Jun 30, 2026 | -58.19 Mn |
| Mar 31, 2026 | 323.56 Mn |
| Mar 31, 2026 | 323.56 Mn |
| Dec 31, 2025 | 1.26 Bn |
| Dec 31, 2025 | 1.26 Bn |
| Sep 30, 2025 | 70.78 Mn |
| Sep 30, 2025 | 70.78 Mn |
| Jun 30, 2025 | 34.75 Mn |
| Jun 30, 2025 | 34.75 Mn |
| Mar 31, 2025 | 143.46 Mn |
| Mar 31, 2025 | 143.46 Mn |
| Dec 31, 2024 | -1.38 Bn |
| Dec 31, 2024 | -1.38 Bn |
| Sep 30, 2024 | 385.72 Mn |
| Sep 30, 2024 | 385.72 Mn |
| Jun 30, 2024 | 340.45 Mn |
| Jun 30, 2024 | 340.45 Mn |
| Mar 31, 2024 | 392.10 Mn |
| Mar 31, 2024 | 392.10 Mn |