Northern Oil & Gas (NOG) Interest Coverage Ratio (2011 - 2026)

Northern Oil & Gas (NOG) recorded quarterly Interest Coverage Ratio of 15.38 in Q1 2026, down 1768.67% quarter-over-quarter from 0.82 in Q4 2025, and down 390.75% on a YoY basis from 5.29 in Q1 2025.

Northern Oil & Gas (NOG) Interest Coverage Ratio (2011 - 2026) Analysis & Trends

Northern Oil & Gas' Interest Coverage Ratio history runs 16 years deep, the most recent figure standing at 15.38 for Q1 2026.

  • In Q1 2026, Interest Coverage Ratio fell 390.75% year-over-year to 15.38; the TTM figure through Mar 2026 stood at 3.73 (down 159.97% YoY), while the FY2025 annual figure was 1.43, down 73.15% from the prior year.
  • Interest Coverage Ratio was 15.38 for Q1 2026 at Northern Oil & Gas, down from 0.82 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 30.03 in Q3 2022 to a low of 15.38 in Q1 2026.
  • Historically, Interest Coverage Ratio has averaged 5.11 across 5 years, with a median of 5.29 in 2025.
  • The sharpest annual moves came in 2022 and 2026: Interest Coverage Ratio jumped 1524.41% in 2022, then slumped 390.75% in 2026.
  • A 5-year view of Interest Coverage Ratio shows it stood at 7.04 in 2022, then jumped by 88.39% to 13.26 in 2023, then sank by 77.89% to 2.93 in 2024, then sank by 128.08% to 0.82 in 2025, then plunged by 1768.67% to 15.38 in 2026.
  • The last three Interest Coverage Ratio figures came in at 15.38 (Q1 2026), 0.82 (Q4 2025), and 2.93 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (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 36.37
4 Eog Resources 72.93 Bn 69.08 Bn - 39.36
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 8.69
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 3.93
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 21.04
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 13.70
10 Northern Oil & Gas 2.04 Bn 2.00 Bn -124.72 Mn -15.38

Historic Data

Download Data
DateValue
Mar 31, 2026 -15.38
Dec 31, 2025 -0.82
Sep 30, 2025 -2.93
Jun 30, 2025 3.96
Mar 31, 2025 5.29
Dec 31, 2024 2.93
Sep 30, 2024 11.78
Jun 30, 2024 5.81
Mar 31, 2024 1.38
Dec 31, 2023 13.26
Sep 30, 2023 1.15
Jun 30, 2023 7.34
Mar 31, 2023 11.96
Dec 31, 2022 7.04
Sep 30, 2022 30.03
Jun 30, 2022 14.67
Mar 31, 2022 -10.52
Dec 31, 2021 11.97
Sep 30, 2021 1.85
Jun 30, 2021 -4.99