Northern Oil & Gas (NOG) Interest Expenses (2011 - 2026)
Northern Oil & Gas' Interest Expenses came in at $41.44 million for Q2 2026, down 6.6% from $44.39 million a year earlier and down 2.7% from the prior quarter.
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Analysis
Northern Oil & Gas (NOG) Interest Expenses (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Northern Oil & Gas reported Interest Expenses of $168.12 million, down 1.0% year-over-year; for FY2025, it was $172.38 million, up 9.3% from FY2024.
- Interest Expenses has increased in each of the last five years, with a five-year compound annual growth rate of 24.1% (FY2020 to FY2025).
- Going back by year, Interest Expenses was $157.72 million in FY2024 (+16.3%), $135.66 million in FY2023 (+68.9%), $80.33 million in FY2022 (+36.1%) and $59.02 million in FY2021 (+0.9%).
- The five-year range for quarterly Interest Expenses is $14.59 million (Q3 2021) to $45.26 million (Q4 2024).
- Year-over-year, Interest Expenses has declined for three consecutive quarters, with growth averaging 6.8% over the last eight quarters.
- The fastest year-over-year change in Interest Expenses over five years came in Q3 2023 (growth of 84.0%), and the weakest in Q4 2025 (a decline of 9.1%).
- Business Quant data shows NOG's Interest Expenses at $42.59 million (Q1 2026), $41.12 million (Q4 2025) and $42.98 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 799.00 Mn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 352.00 Mn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | -1.39 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 412.64 Mn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 182.00 Mn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 314.00 Mn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 172.06 Mn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | - |
| 10 | Northern Oil & Gas | 2.44 Bn | 2.31 Bn | 618.15 Mn | 41.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.44 Mn |
| Mar 31, 2026 | 42.59 Mn |
| Dec 31, 2025 | 41.12 Mn |
| Sep 30, 2025 | 42.98 Mn |
| Jun 30, 2025 | 44.39 Mn |
| Mar 31, 2025 | 43.35 Mn |
| Dec 31, 2024 | 45.26 Mn |
| Sep 30, 2024 | 36.84 Mn |
| Jun 30, 2024 | 37.70 Mn |
| Mar 31, 2024 | 37.93 Mn |
| Dec 31, 2023 | 36.51 Mn |
| Sep 30, 2023 | 37.04 Mn |
| Jun 30, 2023 | 31.97 Mn |
| Mar 31, 2023 | 30.14 Mn |
| Dec 31, 2022 | 23.81 Mn |
| Sep 30, 2022 | 20.14 Mn |
| Jun 30, 2022 | 18.41 Mn |
| Mar 31, 2022 | 17.98 Mn |
| Dec 31, 2021 | 15.90 Mn |
| Sep 30, 2021 | 14.59 Mn |
API Access
Northern Oil & Gas Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=NOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "NOG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();