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Northern Oil & Gas (NOG) Operating Expenses (2016 - 2026)

Northern Oil & Gas has reported Operating Expenses over the past 16 years, most recently at $659.9 million for Q1 2026.

  • For Q1 2026, Operating Expenses rose 77.01% year-over-year to $659.9 million; the TTM value through Mar 2026 reached $2.5 billion, up 77.67%, while the annual FY2025 figure was $2.2 billion, 60.67% up from the prior year.
  • Operating Expenses for Q1 2026 was $659.9 million at Northern Oil & Gas, up from $644.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $682.4 million in Q3 2025 and troughed at $156.2 million in Q1 2022.
  • A 5-year average of $355.3 million and a median of $319.7 million in 2024 define the central range for Operating Expenses.
  • On a YoY basis, Operating Expenses climbed as much as 113.45% in 2025 and fell as far as 8.37% in 2025.
  • Year by year, Operating Expenses stood at $202.8 million in 2022, then surged by 52.57% to $309.5 million in 2023, then increased by 23.55% to $382.3 million in 2024, then surged by 68.44% to $644.0 million in 2025, then grew by 2.47% to $659.9 million in 2026.
  • Business Quant data shows Operating Expenses for NOG at $659.9 million in Q1 2026, $644.0 million in Q4 2025, and $682.4 million in Q3 2025.