Northern Oil & Gas (NOG) Operating Margin (2011 - 2026)
Northern Oil & Gas (NOG) recorded quarterly Operating Margin of 13022.13% in Q1 2026, down 234712.44% quarter-over-quarter from 5.55% in Q4 2025, and down 1306021.0% on a YoY basis from N/an in Q1 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 was 13022.13% for Q1 2026 at Northern Oil & Gas, down from 5.55% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 76.38% in Q3 2022 to a low of 13022.13% in Q1 2026.
- Historically, Operating Margin has averaged 768.08% across 5 years, with a median of 38.08% in 2025.
- The sharpest annual moves came in 2023 and 2026: Operating Margin soared 63613 bps in 2023, then sank 1306021 bps in 2026.
- A 5-year view of Operating Margin shows it stood at 45.23% in 2022, then soared by 35 bps to 61.0% in 2023, then plunged by 58 bps to 25.76% in 2024, then tumbled by 122 bps to 5.55% in 2025, then slumped by 234712 bps to 13022.13% in 2026.
- The last three Operating Margin figures came in at 13022.13% (Q1 2026), 5.55% (Q4 2025), and 22.59% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 72.10% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 45.70% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 37.54% |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 71.82% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 2.74% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 24.92% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 60.26% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 71.27% |
| 10 | Northern Oil & Gas | 2.04 Bn | 2.00 Bn | -124.72 Mn | -13,022.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 59.62% |
| Sep 30, 2021 | 10.38% |
| Jun 30, 2021 | -302.04% |