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Growth Metrics

Northern Oil & Gas (NOG) Invested Capital (2016 - 2025)

Northern Oil & Gas has reported Invested Capital over the past 17 years, most recently at $2.1 billion for Q4 2025.

  • Quarterly results put Invested Capital at $2.1 billion for Q4 2025, down 9.14% from a year ago — trailing twelve months through Dec 2025 was $2.1 billion (down 9.14% YoY), and the annual figure for FY2025 was $2.1 billion, down 9.14%.
  • Invested Capital for Q4 2025 was $2.1 billion at Northern Oil & Gas, down from $2.2 billion in the prior quarter.
  • Over the last five years, Invested Capital for NOG hit a ceiling of $2.4 billion in Q1 2025 and a floor of $342.9 million in Q1 2022.
  • Median Invested Capital over the past 5 years was $1.4 billion (2023), compared with a mean of $1.5 billion.
  • Biggest five-year swings in Invested Capital: crashed 68.95% in 2021 and later soared 213.71% in 2023.
  • Northern Oil & Gas' Invested Capital stood at $1.0 billion in 2021, then fell by 25.84% to $755.4 million in 2022, then skyrocketed by 173.31% to $2.1 billion in 2023, then increased by 13.36% to $2.3 billion in 2024, then dropped by 9.14% to $2.1 billion in 2025.
  • The last three reported values for Invested Capital were $2.1 billion (Q4 2025), $2.2 billion (Q3 2025), and $2.4 billion (Q2 2025) per Business Quant data.