Northern Oil & Gas (NOG) Interest Expenses (2011 - 2026)
Northern Oil & Gas (NOG) recorded quarterly Interest Expenses of $42.6 million in Q1 2026, up 3.57% quarter-over-quarter from $41.1 million in Q4 2025, and down 1.76% on a YoY basis from $43.4 million in Q1 2025.
Northern Oil & Gas (NOG) Interest Expenses (2011 - 2026) Analysis & Trends
Northern Oil & Gas' Interest Expenses history runs 16 years deep, the most recent figure standing at $42.6 million for Q1 2026.
- In Q1 2026, Interest Expenses fell 1.76% year-over-year to $42.6 million; the TTM figure through Mar 2026 stood at $171.1 million (up 4.89% YoY), while the FY2025 annual figure was $172.4 million, up 9.3% from the prior year.
- Interest Expenses was $42.6 million for Q1 2026 at Northern Oil & Gas, up from $41.1 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $45.3 million in Q4 2024 to a low of $18.0 million in Q1 2022.
- Historically, Interest Expenses has averaged $34.6 million across 5 years, with a median of $37.0 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Interest Expenses jumped 83.96% in 2023, then decreased 9.15% in 2025.
- A 5-year view of Interest Expenses shows it stood at $23.8 million in 2022, then soared by 53.36% to $36.5 million in 2023, then increased by 23.95% to $45.3 million in 2024, then retreated by 9.15% to $41.1 million in 2025, then increased by 3.57% to $42.6 million in 2026.
- The last three Interest Expenses figures came in at $42.6 million (Q1 2026), $41.1 million (Q4 2025), and $43.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (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 | 198.00 Mn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 66.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 432.00 Mn |
| 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 | 54.89 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 96.78 Mn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 19.47 Mn |
| 10 | Northern Oil & Gas | 2.04 Bn | 2.00 Bn | -124.72 Mn | 42.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 42.59 Mn |
| Mar 31, 2026 | 42.59 Mn |
| Dec 31, 2025 | 41.12 Mn |
| Dec 31, 2025 | 41.12 Mn |
| Sep 30, 2025 | 42.98 Mn |
| Sep 30, 2025 | 42.98 Mn |
| Jun 30, 2025 | 44.44 Mn |
| Jun 30, 2025 | 44.44 Mn |
| Mar 31, 2025 | 43.35 Mn |
| Mar 31, 2025 | 43.35 Mn |
| Dec 31, 2024 | 45.26 Mn |
| Dec 31, 2024 | 45.26 Mn |
| Sep 30, 2024 | 36.84 Mn |
| Sep 30, 2024 | 36.84 Mn |
| Jun 30, 2024 | 37.70 Mn |
| Jun 30, 2024 | 37.70 Mn |
| Mar 31, 2024 | 37.93 Mn |
| Mar 31, 2024 | 37.93 Mn |
| Dec 31, 2023 | 36.51 Mn |
| Dec 31, 2023 | 36.51 Mn |