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

Northern Oil & Gas' (NOG) quarterly Net Income came in at -$522.8 million in Q1 2026, down 476.18% year-on-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.

  • On a quarterly basis, Net Income fell 476.18% year-over-year to -$522.8 million in Q1 2026; TTM through Mar 2026 was -$623.0 million, a 196.2% decrease from a year earlier, with the FY2025 full-year figure at $38.8 million, down 92.55% from the prior year.
  • Net Income eased to -$522.8 million in Q1 2026 per NOG's latest filing, from -$70.7 million in the prior quarter.
  • Across five years, Net Income topped out at $583.5 million in Q3 2022 and bottomed 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.
  • Across the five-year window, Net Income surged 4547.64% in 2022 and sank 476.18% in 2026, its largest moves.
  • Year by year, Net Income stood at $145.1 million in 2022, then soared by 168.05% to $388.9 million in 2023, then tumbled by 81.56% to $71.7 million in 2024, then sank by 198.65% to -$70.7 million in 2025, then tumbled by 639.15% to -$522.8 million in 2026.
  • Per Business Quant, the three latest NOG Net Income figures stand at -$522.8 million (Q1 2026), -$70.7 million (Q4 2025), and -$129.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 2.18 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 1.98 Bn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 144.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 801.00 Mn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 3.12 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 281.45 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 142.90 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 216.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 1.16 Bn
10 Northern Oil & Gas 2.00 Bn 1.96 Bn -124.72 Mn -522.82 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -90.56 Mn