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| Date | Value |
|---|---|
| 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 |