Northern Oil & Gas (NOG) Net Income (2011 - 2026)
Northern Oil & Gas (NOG) posted quarterly Net Income of -$522.8 million for Q1 2026, down 476.18% year-over-year from $139.0 million in Q1 2025, and down 639.15% quarter-over-quarter from -$70.7 million in Q4 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 476.18% year-over-year to -$522.8 million; the TTM figure through Mar 2026 stood at -$623.0 million (down 196.2% YoY), while the FY2025 annual figure was $38.8 million, down 92.55% from the prior year.
- Net Income for Q1 2026 stood at -$522.8 million, down from -$70.7 million in the prior quarter.
- The five-year high for Net Income was $583.5 million in Q3 2022, with the low at -$522.8 million in Q1 2026.
- The 5-year median for Net Income is $138.6 million (2024), against an average of $101.9 million.
- The sharpest annual moves came in 2022 and 2026: Net Income surged 4547.64% in 2022, then plunged 476.18% in 2026.
- Northern Oil & Gas' Net Income stood at $145.1 million in 2022, then surged by 168.05% to $388.9 million in 2023, then plunged by 81.56% to $71.7 million in 2024, then slumped by 198.65% to -$70.7 million in 2025, then plunged by 639.15% to -$522.8 million in 2026.
- Business Quant data shows NOG's Net Income at -$522.8 million in Q1 2026, -$70.7 million in Q4 2025, and -$129.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 3.93 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 3.48 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 2.72 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 2.06 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 2.17 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 1.64 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 3.00 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 281.45 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 153.93 Mn |
| 10 | Northern Oil & Gas | 2.89 Bn | 2.81 Bn | 618.15 Mn | 236.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 236.60 Mn |
| Mar 31, 2026 | -522.82 Mn |
| Dec 31, 2025 | -70.73 Mn |
| Sep 30, 2025 | -129.07 Mn |
| Jun 30, 2025 | 99.58 Mn |
| Mar 31, 2025 | 138.98 Mn |
| Dec 31, 2024 | 71.70 Mn |
| Sep 30, 2024 | 298.42 Mn |
| Jun 30, 2024 | 138.56 Mn |
| Mar 31, 2024 | 11.61 Mn |
| Dec 31, 2023 | 388.85 Mn |
| Sep 30, 2023 | 26.12 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 |