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| Date | Value |
|---|---|
| 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 |