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) Gross Profit (2011 - 2026)

Northern Oil & Gas (NOG) posted quarterly Gross Profit of -$124.7 million for Q1 2026, down 125.55% year-over-year from $488.1 million in Q1 2025, and down 125.44% quarter-over-quarter from $490.3 million in Q4 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 $1.4 billion (down 30.3% YoY), while the FY2025 annual figure was $2.0 billion, up 11.48% from the prior year.
  • Gross Profit for Q1 2026 stood at -$124.7 million, down from $490.3 million in the prior quarter.
  • The five-year high for Gross Profit was $723.2 million in Q3 2022, with the low at -$124.7 million in Q1 2026.
  • The 5-year median for Gross Profit is $438.3 million (2025), against an average of $404.0 million.
  • The sharpest annual moves came in 2023 and 2026: Gross Profit surged 2432.84% in 2023, then slumped 125.55% in 2026.
  • Northern Oil & Gas' Gross Profit stood at $297.4 million in 2022, then surged by 132.53% to $691.5 million in 2023, then sank by 42.38% to $398.4 million in 2024, then rose by 23.07% to $490.3 million in 2025, then tumbled by 125.44% to -$124.7 million in 2026.
  • Business Quant data shows NOG's Gross Profit at -$124.7 million in Q1 2026, $490.3 million in Q4 2025, and $438.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Conocophillips 164.44 Bn 156.75 Bn 12.81 Bn
2 Canadian Natural Resources 106.98 Bn 105.09 Bn 10.66 Bn
3 Eog Resources 80.47 Bn 75.56 Bn -
4 Diamondback Energy 59.28 Bn 58.82 Bn 5.55 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
7 Occidental Petroleum 39.25 Bn 35.10 Bn 7.73 Bn
8 Eqt 33.67 Bn 33.56 Bn 1.42 Bn
9 Texas Pacific Land 26.50 Bn 26.25 Bn -
10 Northern Oil & Gas 2.89 Bn 2.81 Bn 618.15 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 618.15 Mn
Jun 30, 2026 618.15 Mn
Mar 31, 2026 -124.72 Mn
Mar 31, 2026 -124.72 Mn
Dec 31, 2025 490.30 Mn
Dec 31, 2025 490.30 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 646.74 Mn
Sep 30, 2024 646.74 Mn
Jun 30, 2024 459.91 Mn
Jun 30, 2024 459.91 Mn
Mar 31, 2024 290.90 Mn
Mar 31, 2024 290.90 Mn