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