Northern Oil & Gas (NOG) Non-Current Debt (2011 - 2026)
Northern Oil & Gas (NOG) reported Non-Current Debt of $2.72 billion for Q2 2026, up 15.2% from $2.37 billion a year earlier and up 6.8% from the prior quarter.
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Analysis
Northern Oil & Gas (NOG) Non-Current Debt (2011 - 2026) Analysis & Trends
At the end of FY2025, Northern Oil & Gas posted Non-Current Debt of $2.4 billion, up 1.1% from FY2024.
- Non-Current Debt has increased for four consecutive years, with a five-year compound annual growth rate of 22.2% (FY2020 to FY2025).
- By year, Non-Current Debt came in at $2.37 billion in FY2024 (+29.1%), $1.84 billion in FY2023 (+20.3%), $1.53 billion in FY2022 (+89.9%) and $803.44 million in FY2021 (-8.7%).
- The Q2 2026 figure ranks as the highest quarterly Non-Current Debt in data going back to Q2 2011.
- Year over year, Non-Current Debt has now increased in each of the last seven quarters, with growth averaging 14.5% over the last eight quarters.
- The high point for year-over-year Non-Current Debt in five years was Q4 2022 (growth of 89.9%); the low point was Q4 2021 (a decline of 8.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.55 billion (Q1 2026), $2.4 billion (Q4 2025) and $2.35 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 740.95 Bn | 697.43 Bn | - | 32.23 Bn |
| 2 | Chevron | 445.92 Bn | 418.04 Bn | 33.45 Bn | -2.20 Bn |
| 3 | Shell | 310.42 Bn | 240.16 Bn | 30.13 Bn | 64.53 Bn |
| 4 | TotalEnergies SE | 199.18 Bn | 79.76 Bn | 61.77 Bn | 49.53 Bn |
| 5 | Conocophillips | 176.99 Bn | 149.70 Bn | 12.81 Bn | 22.83 Bn |
| 6 | Equinor Asa | 119.50 Bn | 33.95 Bn | - | 21.59 Bn |
| 7 | Phillips 66 | 117.14 Bn | 104.93 Bn | 8.38 Bn | 18.77 Bn |
| 8 | Canadian Natural Resources | 113.92 Bn | 110.93 Bn | 8.84 Bn | 10.51 Bn |
| 9 | Suncor Energy | 96.26 Bn | 82.01 Bn | - | 9.20 Bn |
| 10 | Northern Oil & Gas | 2.90 Bn | 2.77 Bn | 618.15 Mn | 2.72 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.72 Bn |
| Mar 31, 2026 | 2.55 Bn |
| Dec 31, 2025 | 2.40 Bn |
| Sep 30, 2025 | 2.35 Bn |
| Jun 30, 2025 | 2.37 Bn |
| Mar 31, 2025 | 2.31 Bn |
| Dec 31, 2024 | 2.37 Bn |
| Sep 30, 2024 | 1.95 Bn |
| Jun 30, 2024 | 1.87 Bn |
| Mar 31, 2024 | 1.94 Bn |
| Dec 31, 2023 | 1.84 Bn |
| Sep 30, 2023 | 2.06 Bn |
| Jun 30, 2023 | 1.67 Bn |
| Mar 31, 2023 | 1.76 Bn |
| Dec 31, 2022 | 1.53 Bn |
| Sep 30, 2022 | 1.17 Bn |
| Jun 30, 2022 | 1.10 Bn |
| Mar 31, 2022 | 1.12 Bn |
| Dec 31, 2021 | 803.44 Mn |
| Sep 30, 2021 | 858.42 Mn |
API Access
Northern Oil & Gas Non-Current Debt 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=non-current-debt&ticker=NOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();