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Northern Oil & Gas (NOG) Operating Expenses (2016 - 2025)

Northern Oil & Gas (NOG) has 13 years of Operating Expenses data on record, last reported at $644.0 million in Q4 2025.

  • For Q4 2025, Operating Expenses rose 68.44% year-over-year to $644.0 million; the TTM value through Dec 2025 reached $2.2 billion, up 60.67%, while the annual FY2025 figure was $2.2 billion, 60.67% up from the prior year.
  • Operating Expenses reached $644.0 million in Q4 2025 per NOG's latest filing, down from $682.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $682.4 million in Q3 2025 and bottomed at $85.8 million in Q1 2021.
  • Average Operating Expenses over 5 years is $289.9 million, with a median of $256.6 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: tumbled 88.02% in 2021, then soared 113.45% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $128.9 million in 2021, then skyrocketed by 57.36% to $202.8 million in 2022, then soared by 52.57% to $309.5 million in 2023, then rose by 23.55% to $382.3 million in 2024, then skyrocketed by 68.44% to $644.0 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $644.0 million in Q4 2025, $682.4 million in Q3 2025, and $530.6 million in Q2 2025.