Northern Oil & Gas (NOG) Liabilities and Shareholders Equity (2009 - 2026)
Northern Oil & Gas (NOG) posted Liabilities and Shareholders Equity of $5.86 billion for Q3 2026, up 6.7% from $5.49 billion a year earlier and up 0.6% from the prior quarter.
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Analysis
Northern Oil & Gas (NOG) Liabilities and Shareholders Equity (2009 - 2026) Analysis & Trends
At the end of FY2025, Northern Oil & Gas' Liabilities and Shareholders Equity came in at $5.41 billion, down 3.5% from FY2024.
- Annual Liabilities and Shareholders Equity shows a five-year compound annual growth rate of 44.1% (FY2020 to FY2025).
- In prior years, Northern Oil & Gas' Liabilities and Shareholders Equity was $5.6 billion in FY2024 (+25.0%), $4.48 billion in FY2023 (+56.0%), $2.88 billion in FY2022 (+88.8%) and $1.52 billion in FY2021 (+74.6%).
- The Q3 2026 figure stands as the highest quarterly Liabilities and Shareholders Equity in data going back to Q1 2009.
- On a year-over-year basis, Liabilities and Shareholders Equity increased in six of the last eight quarters, with growth averaging 9.9%.
- The strongest year-over-year quarter for Liabilities and Shareholders Equity in the past five years was Q1 2022, with growth of 131.8%; the weakest was Q4 2025, with a decline of 3.5%.
- According to Business Quant data, Liabilities and Shareholders Equity for the three prior quarters was $5.83 billion (Q2 2026), $5.51 billion (Q1 2026) and $5.41 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 470.92 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 420.57 Bn |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 333.79 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 341.93 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 174.74 Bn |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 126.07 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 1.46 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 85.96 Bn |
| 10 | Northern Oil & Gas | 2.66 Bn | 2.53 Bn | 202.42 Mn | 5.86 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.86 Bn |
| Jun 30, 2026 | 5.83 Bn |
| Mar 31, 2026 | 5.51 Bn |
| Dec 31, 2025 | 5.41 Bn |
| Sep 30, 2025 | 5.49 Bn |
| Jun 30, 2025 | 5.70 Bn |
| Mar 31, 2025 | 5.67 Bn |
| Dec 31, 2024 | 5.60 Bn |
| Sep 30, 2024 | 5.06 Bn |
| Jun 30, 2024 | 4.72 Bn |
| Mar 31, 2024 | 4.63 Bn |
| Dec 31, 2023 | 4.48 Bn |
| Sep 30, 2023 | 4.30 Bn |
| Jun 30, 2023 | 3.66 Bn |
| Mar 31, 2023 | 3.34 Bn |
| Dec 31, 2022 | 2.88 Bn |
| Sep 30, 2022 | 2.47 Bn |
| Jun 30, 2022 | 2.19 Bn |
| Mar 31, 2022 | 2.02 Bn |
| Dec 31, 2021 | 1.52 Bn |
API Access
Northern Oil & Gas Liabilities and Shareholders Equity 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=liabilities-and-shareholders-equity&ticker=NOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "liabilities-and-shareholders-equity", "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=liabilities-and-shareholders-equity&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();