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