Northern Oil & Gas (NOG) Price to Book (2010 - 2026)
Northern Oil & Gas' (NOG) Price to Book came in at 0.97 for Q2 2026, down 15.5% from 1.15 a year earlier and down 44.1% from the prior quarter.
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Analysis
Northern Oil & Gas (NOG) Price to Book (2010 - 2026) Analysis & Trends
For FY2025, Northern Oil & Gas' Price to Book stood at 0.98, down 38.1% from FY2024.
- Annual Price to Book has declined for four consecutive years.
- In prior years, Northern Oil & Gas' Price to Book was 1.59 in FY2024 (-13.0%), 1.82 in FY2023 (-48.2%), 3.52 in FY2022 (-41.5%) and 6.03 in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Price to Book since Q1 2020.
- On a year-over-year basis, Price to Book increased in 1 of the last eight quarters, with an average decline of 21.7%.
- The strongest year-over-year quarter for Price to Book in the past five years was Q1 2026, with growth of 39.5%; the weakest was Q2 2023, with a decline of 82.8%.
- According to Business Quant data, Price to Book for the three prior quarters was 1.73 (Q1 2026), 0.98 (Q4 2025) and 1.08 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 673.87 Bn | 637.09 Bn | - |
| 2 | Shell | 543.95 Bn | 454.50 Bn | 30.13 Bn |
| 3 | Chevron | 409.32 Bn | 387.11 Bn | 33.45 Bn |
| 4 | TotalEnergies SE | 186.50 Bn | 69.63 Bn | - |
| 5 | Eni Spa | 171.15 Bn | 120.67 Bn | - |
| 6 | Conocophillips | 152.65 Bn | 125.36 Bn | 12.81 Bn |
| 7 | Equinor Asa | 105.44 Bn | 51.50 Bn | - |
| 8 | Phillips 66 | 105.42 Bn | 94.41 Bn | 8.38 Bn |
| 9 | Canadian Natural Resources | 99.52 Bn | 96.47 Bn | - |
| 10 | Northern Oil & Gas | 2.51 Bn | 2.38 Bn | 618.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.97 |
| Mar 31, 2026 | 1.73 |
| Dec 31, 2025 | 0.98 |
| Sep 30, 2025 | 1.08 |
| Jun 30, 2025 | 1.15 |
| Mar 31, 2025 | 1.24 |
| Dec 31, 2024 | 1.59 |
| Sep 30, 2024 | 1.53 |
| Jun 30, 2024 | 1.80 |
| Mar 31, 2024 | 2.00 |
| Dec 31, 2023 | 1.82 |
| Sep 30, 2023 | 2.66 |
| Jun 30, 2023 | 2.25 |
| Mar 31, 2023 | 2.47 |
| Dec 31, 2022 | 3.52 |
| Sep 30, 2022 | 3.05 |
| Jun 30, 2022 | 13.11 |
| Dec 31, 2021 | 6.03 |
| Jun 30, 2020 | 2.61 |
| Mar 31, 2020 | 0.27 |
API Access
Northern Oil & Gas Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=NOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "NOG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();