Northern Oil & Gas (NOG) Gross Profit (2011 - 2026)

Northern Oil & Gas (NOG) recorded quarterly Gross Profit of -$124.7 million in Q1 2026, down 114.98% quarter-over-quarter from $832.6 million in Q4 2025, and down 125.55% on a YoY basis from $488.1 million in Q1 2025.

Northern Oil & Gas (NOG) Gross Profit (2011 - 2026) Analysis & Trends

Northern Oil & Gas' Gross Profit history runs 16 years deep, the most recent figure standing at -$124.7 million for Q1 2026.

  • In Q1 2026, Gross Profit fell 125.55% year-over-year to -$124.7 million; the TTM figure through Mar 2026 stood at $1.7 billion (down 16.96% YoY), while the FY2025 annual figure was $2.3 billion, up 30.54% from the prior year.
  • Gross Profit was -$124.7 million for Q1 2026 at Northern Oil & Gas, down from $832.6 million in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $832.6 million in Q4 2025 to a low of -$124.7 million in Q1 2026.
  • Historically, Gross Profit has averaged $444.9 million across 5 years, with a median of $438.3 million in 2025.
  • Biggest YoY gain for Gross Profit was 6220.24% in 2022; the steepest drop was 372.03% in 2022.
  • A 5-year view of Gross Profit shows it stood at $399.8 million in 2022, then surged by 86.98% to $747.6 million in 2023, then slumped by 46.71% to $398.4 million in 2024, then soared by 109.0% to $832.6 million in 2025, then plunged by 114.98% to -$124.7 million in 2026.
  • The last three Gross Profit figures came in at -$124.7 million (Q1 2026), $832.6 million (Q4 2025), and $438.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn
4 Eog Resources 72.93 Bn 69.08 Bn -
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn
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
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn
10 Northern Oil & Gas 2.04 Bn 2.00 Bn -124.72 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -124.72 Mn
Mar 31, 2026 -124.72 Mn
Dec 31, 2025 832.63 Mn
Dec 31, 2025 832.63 Mn
Sep 30, 2025 438.32 Mn
Sep 30, 2025 438.32 Mn
Jun 30, 2025 585.38 Mn
Jun 30, 2025 585.38 Mn
Mar 31, 2025 488.06 Mn
Mar 31, 2025 488.06 Mn
Dec 31, 2024 398.39 Mn
Dec 31, 2024 398.39 Mn
Sep 30, 2024 738.97 Mn
Sep 30, 2024 738.97 Mn
Jun 30, 2024 459.91 Mn
Jun 30, 2024 459.91 Mn
Mar 31, 2024 345.14 Mn
Mar 31, 2024 345.14 Mn
Dec 31, 2023 747.61 Mn
Dec 31, 2023 747.61 Mn