Northern Oil & Gas (NOG) Market Capitalization (2010 - 2026)
Northern Oil & Gas' Market Capitalization was $1.93 billion in Q2 2026, down 30.1% from $2.77 billion a year earlier and down 37.5% from the prior quarter.
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Analysis
Northern Oil & Gas (NOG) Market Capitalization (2010 - 2026) Analysis & Trends
For FY2025, Market Capitalization at Northern Oil & Gas came in at $2.09 billion, down 43.3% from FY2024.
- Market Capitalization shows a five-year compound annual growth rate of 39.0% (FY2020 to FY2025).
- In earlier years, Market Capitalization was $3.68 billion in FY2024 (-1.4%), $3.74 billion in FY2023 (+42.3%), $2.62 billion in FY2022 (+102.5%) and $1.3 billion in FY2021 (+222.3%).
- The Q2 2026 figure marks the lowest quarterly Market Capitalization since Q4 2021.
- Compared with a year earlier, Market Capitalization was higher in 1 of the last eight quarters, with an average decline of 19.9%.
- The best year-over-year quarter for Market Capitalization over five years was Q3 2021 (growth of 441.6%); the worst was Q4 2025 (a decline of 43.3%).
- Per Business Quant data, NOG's Market Capitalization in the three quarters before Q2 2026 was $3.09 billion (Q1 2026), $2.09 billion (Q4 2025) and $2.42 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - |
| 10 | Northern Oil & Gas | 2.42 Bn | 2.29 Bn | 618.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.93 Bn |
| Mar 31, 2026 | 3.09 Bn |
| Dec 31, 2025 | 2.09 Bn |
| Sep 30, 2025 | 2.42 Bn |
| Jun 30, 2025 | 2.77 Bn |
| Mar 31, 2025 | 2.98 Bn |
| Dec 31, 2024 | 3.68 Bn |
| Sep 30, 2024 | 3.53 Bn |
| Jun 30, 2024 | 3.72 Bn |
| Mar 31, 2024 | 4.01 Bn |
| Dec 31, 2023 | 3.74 Bn |
| Sep 30, 2023 | 3.74 Bn |
| Jun 30, 2023 | 3.19 Bn |
| Mar 31, 2023 | 2.59 Bn |
| Dec 31, 2022 | 2.62 Bn |
| Sep 30, 2022 | 2.16 Bn |
| Jun 30, 2022 | 2.00 Bn |
| Mar 31, 2022 | 2.18 Bn |
| Dec 31, 2021 | 1.30 Bn |
| Sep 30, 2021 | 1.42 Bn |
API Access
Northern Oil & Gas Market Capitalization 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=market-capitalization&ticker=NOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();