Northern Oil & Gas (NOG) Operating Expenses (2011 - 2026)

Northern Oil & Gas' Operating Expenses history runs 16 years deep, the most recent figure standing at $659.9 million for Q1 2026.

• On a quarterly basis, Operating Expenses rose 77.01% year-over-year to $659.9 million in Q1 2026; TTM through Mar 2026 was $2.5 billion, a 77.67% increase from a year earlier, with the FY2025 full-year figure at $2.2 billion, up 60.67% from the prior year.
• Operating Expenses improved to $659.9 million in Q1 2026 per NOG's latest filing, from $644.0 million in the prior quarter.
• Across five years, Operating Expenses topped out at $682.4 million in Q3 2025 and bottomed at $156.2 million in Q1 2022.
• The 5-year median for Operating Expenses is $319.7 million (2024), against an average of $355.3 million.
• Biggest YoY gain for Operating Expenses was 113.45% in 2025; the steepest drop was 8.37% in 2025.
• Year by year, Operating Expenses stood at $202.8 million in 2022, then soared by 52.57% to $309.5 million in 2023, then climbed by 23.55% to $382.3 million in 2024, then soared by 68.44% to $644.0 million in 2025, then advanced by 2.47% to $659.9 million in 2026.
• Per Business Quant, the three latest NOG Operating Expenses figures stand at $659.9 million (Q1 2026), $644.0 million (Q4 2025), and $682.4 million (Q3 2025).