Northern Oil & Gas (NOG) Operating Margin (2011 - 2026)
Northern Oil & Gas (NOG) posted quarterly Operating Margin of 13022.13% for Q1 2026, down 1306021.0% year-over-year from N/an in Q1 2025, and down 234712.44% quarter-over-quarter from 5.55% in Q4 2025.
Northern Oil & Gas (NOG) Operating Margin (2011 - 2026) Analysis & Trends
Northern Oil & Gas' Operating Margin history runs 16 years deep, the most recent figure standing at 13022.13% for Q1 2026.
- In Q1 2026, Operating Margin fell 1306021.0% year-over-year to 13022.13%; the TTM figure through Mar 2026 stood at 33.98% (down 7571.0% YoY), while the FY2025 annual figure was 9.93%, down 2771.0% from the prior year.
- Operating Margin for Q1 2026 stood at 13022.13%, down from 5.55% in the prior quarter.
- The five-year high for Operating Margin was 76.38% in Q3 2022, with the low at 13022.13% in Q1 2026.
- The 5-year median for Operating Margin is 38.08% (2025), against an average of 768.08%.
- The sharpest annual moves came in 2023 and 2026: Operating Margin surged 63613 bps in 2023, then plunged 1306021 bps in 2026.
- Northern Oil & Gas' Operating Margin stood at 45.23% in 2022, then surged by 35 bps to 61.0% in 2023, then tumbled by 58 bps to 25.76% in 2024, then slumped by 122 bps to 5.55% in 2025, then sank by 234712 bps to 13022.13% in 2026.
- Business Quant data shows NOG's Operating Margin at 13022.13% in Q1 2026, 5.55% in Q4 2025, and 22.59% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.29 Bn | 156.60 Bn | 12.81 Bn | 53.17% |
| 2 | Canadian Natural Resources | 106.54 Bn | 104.64 Bn | 10.66 Bn | 84.71% |
| 3 | Eog Resources | 80.37 Bn | 75.47 Bn | - | 40.93% |
| 4 | Diamondback Energy | 59.18 Bn | 58.72 Bn | 5.55 Bn | 45.16% |
| 5 | Woodside Energy | 46.13 Bn | 40.19 Bn | 6.02 Bn | 91.41% |
| 6 | Devon Energy | 46.11 Bn | 45.11 Bn | 6.02 Bn | 32.14% |
| 7 | Occidental Petroleum | 39.35 Bn | 35.20 Bn | 7.73 Bn | 39.52% |
| 8 | Eqt | 33.68 Bn | 33.57 Bn | 1.42 Bn | 21.77% |
| 9 | Texas Pacific Land | 26.56 Bn | 26.32 Bn | - | 77.96% |
| 10 | Northern Oil & Gas | 2.88 Bn | 2.80 Bn | 618.15 Mn | 47.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 47.31% |
| Mar 31, 2026 | -13,022.13% |
| Dec 31, 2025 | -5.55% |
| Sep 30, 2025 | -22.59% |
| Jun 30, 2025 | 24.92% |
| Mar 31, 2025 | 38.08% |
| Dec 31, 2024 | 25.76% |
| Sep 30, 2024 | 57.58% |
| Jun 30, 2024 | 39.04% |
| Mar 31, 2024 | 13.20% |
| Dec 31, 2023 | 61.00% |
| Sep 30, 2023 | 13.52% |
| Jun 30, 2023 | 49.27% |
| Mar 31, 2023 | 61.93% |
| Dec 31, 2022 | 45.23% |
| Sep 30, 2022 | 76.38% |
| Jun 30, 2022 | 61.19% |
| Mar 31, 2022 | -574.20% |
| Dec 31, 2021 | -130.49% |
| Sep 30, 2021 | 20.50% |