Northern Oil & Gas (NOG) Net Income (2011 - 2026)

Northern Oil & Gas (NOG) recorded quarterly Net Income of -$522.8 million in Q1 2026, down 639.19% quarter-over-quarter from -$70.7 million in Q4 2025, and down 476.2% on a YoY basis from $139.0 million in Q1 2025.

Northern Oil & Gas (NOG) Net Income (2011 - 2026) Analysis & Trends

Northern Oil & Gas' Net Income history runs 16 years deep, the most recent figure standing at -$522.8 million for Q1 2026.

  • In Q1 2026, Net Income fell 476.2% year-over-year to -$522.8 million; the TTM figure through Mar 2026 stood at -$623.1 million (down 196.2% YoY), while the FY2025 annual figure was $38.8 million, down 92.55% from the prior year.
  • Net Income was -$522.8 million for Q1 2026 at Northern Oil & Gas, down from -$70.7 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of $583.5 million in Q3 2022 to a low of -$522.8 million in Q1 2026.
  • Historically, Net Income has averaged $101.9 million across 5 years, with a median of $138.6 million in 2024.
  • The sharpest annual moves came in 2022 and 2026: Net Income soared 4547.64% in 2022, then sank 476.2% in 2026.
  • A 5-year view of Net Income shows it stood at $145.1 million in 2022, then soared by 168.05% to $388.9 million in 2023, then slumped by 81.55% to $71.7 million in 2024, then tumbled by 198.61% to -$70.7 million in 2025, then slumped by 639.19% to -$522.8 million in 2026.
  • The last three Net Income figures came in at -$522.8 million (Q1 2026), -$70.7 million (Q4 2025), and -$129.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 1.10 Bn
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 856.82 Mn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 2.18 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 1.98 Bn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 3.12 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 144.00 Mn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 179.35 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 1.55 Bn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -3.16 Bn
10 Northern Oil & Gas 2.04 Bn 2.00 Bn -124.72 Mn -522.85 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -522.85 Mn
Dec 31, 2025 -70.73 Mn
Sep 30, 2025 -129.10 Mn
Jun 30, 2025 99.59 Mn
Mar 31, 2025 138.98 Mn
Dec 31, 2024 71.73 Mn
Sep 30, 2024 298.42 Mn
Jun 30, 2024 138.60 Mn
Mar 31, 2024 11.65 Mn
Dec 31, 2023 388.85 Mn
Sep 30, 2023 26.11 Mn
Jun 30, 2023 167.83 Mn
Mar 31, 2023 340.19 Mn
Dec 31, 2022 145.07 Mn
Sep 30, 2022 583.47 Mn
Jun 30, 2022 251.26 Mn
Mar 31, 2022 -206.56 Mn
Dec 31, 2021 174.73 Mn
Sep 30, 2021 12.55 Mn
Jun 30, 2021 -90.56 Mn