Northern Oil & Gas (NOG) Gross Profit (2009 - 2026)
Northern Oil & Gas (NOG) reported Gross Profit of $202.42 million for Q3 2026, down 53.8% from $438.32 million a year earlier and down 67.3% from the prior quarter.
Northern Oil & Gas (NOG) Gross Profit (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Northern Oil & Gas' Gross Profit came in at $1.19 billion, down 37.9% 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%).
- Five-year quarterly Gross Profit spans a low of -$196.39 million in Q4 2021 and a high of $723.16 million in Q3 2022.
- Year over year, Gross Profit gained in four of the last seven quarters, with an average decline of 0.7%.
- The high point for year-over-year Gross Profit in five years was Q3 2022 (growth of 234.1%); the low point was Q3 2023 (a decline of 68.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $618.15 million (Q2 2026), -$124.72 million (Q1 2026) and $490.3 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn |
| 10 | Northern Oil & Gas | 2.66 Bn | 2.53 Bn | 202.42 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 202.42 Mn |
| 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 |
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_KEY
import 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();