Northern Oil & Gas (NOG) Interest Expenses (2010 - 2026)

Northern Oil & Gas' (NOG) quarterly Interest Expenses came in at $30.8 million in Q1 2026, down 26.58% year-on-year from $41.9 million in Q1 2025, and down 80.96% quarter-over-quarter from $161.5 million in Q4 2025.

Northern Oil & Gas (NOG) Interest Expenses (2010 - 2026) Analysis & Trends

Northern Oil & Gas' Interest Expenses history runs 17 years deep, the most recent figure standing at $30.8 million for Q1 2026.

  • On a quarterly basis, Interest Expenses fell 26.58% year-over-year to $30.8 million in Q1 2026; TTM through Mar 2026 was $30.8 million, a 88.51% decrease from a year earlier, with the FY2025 full-year figure at $172.4 million, up 9.3% from the prior year.
  • Interest Expenses eased to $30.8 million in Q1 2026 per NOG's latest filing, from $161.5 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $161.5 million in Q4 2025 and bottomed at $5.9 million in Q4 2022.
  • The 5-year median for Interest Expenses is $36.8 million (2024), against an average of $65.0 million.
  • Across the five-year window, Interest Expenses jumped 2130.2% in 2023 and slumped 81.17% in 2024, its largest moves.
  • Year by year, Interest Expenses stood at $5.9 million in 2022, then soared by 2130.2% to $132.0 million in 2023, then grew by 14.41% to $151.0 million in 2024, then advanced by 6.95% to $161.5 million in 2025, then tumbled by 80.96% to $30.8 million in 2026.
  • Per Business Quant, the three latest NOG Interest Expenses figures stand at $30.8 million (Q1 2026), $161.5 million (Q4 2025), and $28.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 296.00 Mn
2 Eog Resources 74.61 Bn 70.76 Bn - 82.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 95.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 432.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 75.45 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 2.34 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 152.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 100.00 Mn
10 Northern Oil & Gas 2.00 Bn 1.96 Bn -124.72 Mn 30.75 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 30.75 Mn
Mar 31, 2026 30.75 Mn
Dec 31, 2025 161.50 Mn
Dec 31, 2025 161.50 Mn
Sep 30, 2025 28.36 Mn
Sep 30, 2025 28.36 Mn
Jun 30, 2025 44.44 Mn
Jun 30, 2025 44.44 Mn
Mar 31, 2025 41.89 Mn
Mar 31, 2025 41.89 Mn
Dec 31, 2024 151.00 Mn
Dec 31, 2024 151.00 Mn
Sep 30, 2024 36.84 Mn
Sep 30, 2024 36.84 Mn
Jun 30, 2024 29.41 Mn
Jun 30, 2024 29.41 Mn
Mar 31, 2024 37.93 Mn
Mar 31, 2024 37.93 Mn
Dec 31, 2023 131.98 Mn
Dec 31, 2023 131.98 Mn