Northern Oil & Gas (NOG) Gross Profit (2017 - 2026)
Northern Oil & Gas (NOG) reported Gross Profit of $618.15 million for Q2 2026, up 5.6% from $585.38 million a year earlier.
Powered by 
Analysis
Northern Oil & Gas (NOG) Gross Profit (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Northern Oil & Gas' Gross Profit came in at $1.42 billion, down 32.9% year-over-year; for FY2025, it was $2 billion, up 11.5% from FY2024.
- Gross Profit has a five-year compound annual growth rate of 35.7% (FY2020 to FY2025).
- By year, Gross Profit came in at $1.8 billion in FY2024 (-1.3%), $1.82 billion in FY2023 (+38.9%), $1.31 billion in FY2022 (+301.7%) and $326.08 million in FY2021 (-25.2%).
- The Q2 2026 figure ranks as the highest quarterly Gross Profit since Q3 2024.
- Year over year, Gross Profit gained in five of the last seven quarters, with growth averaging 32.6%.
- The high point for year-over-year Gross Profit in five years was Q3 2021 (growth of 834.4%); the low point was Q3 2023 (a decline of 68.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at -$124.72 million (Q1 2026), $490.3 million (Q4 2025) and $438.32 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - |
| 10 | Northern Oil & Gas | 2.44 Bn | 2.31 Bn | 618.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 618.15 Mn |
| Mar 31, 2026 | -124.72 Mn |
| Dec 31, 2025 | 490.30 Mn |
| Sep 30, 2025 | 438.32 Mn |
| Jun 30, 2025 | 585.38 Mn |
| Mar 31, 2025 | 488.06 Mn |
| Dec 31, 2024 | 398.39 Mn |
| Sep 30, 2024 | 646.74 Mn |
| Jun 30, 2024 | 459.91 Mn |
| Mar 31, 2024 | 290.90 Mn |
| Dec 31, 2023 | 691.46 Mn |
| Sep 30, 2023 | 231.47 Mn |
| Jun 30, 2023 | 392.20 Mn |
| Mar 31, 2023 | 504.13 Mn |
| Dec 31, 2022 | 297.36 Mn |
| Sep 30, 2022 | 723.16 Mn |
| Jun 30, 2022 | 376.80 Mn |
| Mar 31, 2022 | -21.61 Mn |
| Dec 31, 2021 | -196.39 Mn |
| Sep 30, 2021 | 216.43 Mn |
API Access
Northern Oil & Gas Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=NOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "NOG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();