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

Northern Oil & Gas' (NOG) quarterly Interest Coverage Ratio came in at 21.29 in Q1 2026, down 489.03% year-on-year from 5.47 in Q1 2025, and down 10062.64% quarter-over-quarter from 0.21 in Q4 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 21.29 for Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 489.03% year-over-year to 21.29 in Q1 2026; TTM through Mar 2026 was 20.76, a 647.43% decrease from a year earlier, with the FY2025 full-year figure at 1.43, down 73.15% from the prior year.
  • Interest Coverage Ratio eased to 21.29 in Q1 2026 per NOG's latest filing, from 0.21 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 30.03 in Q3 2022 and bottomed at 21.29 in Q1 2026.
  • The 5-year median for Interest Coverage Ratio is 3.67 (2023), against an average of 5.56.
  • Across the five-year window, Interest Coverage Ratio surged 4235.82% in 2024 and slumped 489.03% in 2026, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 28.31 in 2022, then sank by 87.04% to 3.67 in 2023, then tumbled by 76.05% to 0.88 in 2024, then sank by 123.86% to 0.21 in 2025, then plunged by 10062.64% to 21.29 in 2026.
  • Per Business Quant, the three latest NOG Interest Coverage Ratio figures stand at 21.29 (Q1 2026), 0.21 (Q4 2025), and 4.43 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 24.33
2 Eog Resources 74.61 Bn 70.76 Bn - 31.68
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 1.22
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 0.04
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 5.22
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 77.85
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 1.09
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 15.31
10 Northern Oil & Gas 2.00 Bn 1.96 Bn -124.72 Mn -21.29

Historic Data

Download Data
DateValue
Mar 31, 2026 -21.29
Dec 31, 2025 -0.21
Sep 30, 2025 -4.43
Jun 30, 2025 3.96
Mar 31, 2025 5.47
Dec 31, 2024 0.88
Sep 30, 2024 11.78
Jun 30, 2024 7.45
Mar 31, 2024 1.38
Dec 31, 2023 3.67
Sep 30, 2023 0.27
Jun 30, 2023 1.50
Mar 31, 2023 11.96
Dec 31, 2022 28.31
Sep 30, 2022 30.03
Jun 30, 2022 20.24
Mar 31, 2022 -6.49
Dec 31, 2021 -4.61
Sep 30, 2021 1.85
Jun 30, 2021 -4.99