Northern Oil & Gas (NOG) Price to Earnings (2011 - 2025)
Northern Oil & Gas' (NOG) Price to Earnings came in at 53.88 for Q4 2025, up 661.1% from 7.08 a year earlier and up 303.3% from the prior quarter.
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Analysis
Northern Oil & Gas (NOG) Price to Earnings (2011 - 2025) Analysis & Trends
Since Q4 2011, Northern Oil & Gas has reported Price to Earnings for 34 quarters.
- Annual Price to Earnings has increased for three consecutive years.
- In prior years, Northern Oil & Gas' Price to Earnings was 7.08 in FY2024 (+74.9%), 4.05 in FY2023 (+12.2%) and 3.61 in FY2022.
- The Q4 2025 figure stands as the highest quarterly Price to Earnings in data going back to Q4 2011.
- On a year-over-year basis, Price to Earnings increased in five of the last eight quarters, with growth averaging 156.7%.
- The strongest year-over-year quarter for Price to Earnings in the past five years was Q4 2025, with growth of 661.1%; the weakest was Q2 2023, with a decline of 74.7%.
- According to Business Quant data, Price to Earnings for the three prior quarters was 13.36 (Q3 2025), 4.55 (Q2 2025) and 4.61 (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - |
| 10 | Northern Oil & Gas | 2.54 Bn | 2.41 Bn | 618.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 53.88 |
| Sep 30, 2025 | 13.36 |
| Jun 30, 2025 | 4.55 |
| Mar 31, 2025 | 4.61 |
| Dec 31, 2024 | 7.08 |
| Sep 30, 2024 | 4.22 |
| Jun 30, 2024 | 6.59 |
| Mar 31, 2024 | 6.75 |
| Dec 31, 2023 | 4.05 |
| Sep 30, 2023 | 5.61 |
| Jun 30, 2023 | 2.61 |
| Mar 31, 2023 | 2.00 |
| Dec 31, 2022 | 3.61 |
| Sep 30, 2022 | 2.82 |
| Jun 30, 2022 | 10.34 |
| Mar 31, 2020 | 0.68 |
| Sep 30, 2019 | 3.17 |
| Jun 30, 2019 | 4.31 |
| Mar 31, 2019 | 30.76 |
| Dec 31, 2018 | 3.72 |
API Access
Northern Oil & Gas Price to Earnings 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-earnings&ticker=NOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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-earnings&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();