Northern Oil & Gas (NOG) Retained Earnings (2010 - 2026)
Northern Oil & Gas' (NOG) quarterly Retained Earnings came in at -$41.6 million in Q1 2026, down 107.15% year-on-year from $581.5 million in Q1 2025, and down 108.64% quarter-over-quarter from $481.3 million in Q4 2025.
Northern Oil & Gas (NOG) Retained Earnings (2010 - 2026) Analysis & Trends
Northern Oil & Gas' Retained Earnings history runs 17 years deep, the most recent figure standing at -$41.6 million for Q1 2026.
- On a quarterly basis, Retained Earnings fell 107.15% year-over-year to -$41.6 million in Q1 2026; TTM through Mar 2026 was -$41.6 million, a 107.15% decrease from a year earlier, with the FY2025 full-year figure at $481.3 million, up 8.76% from the prior year.
- Retained Earnings declined to -$41.6 million in Q1 2026 per NOG's latest filing, from $481.3 million in the prior quarter.
- Across five years, Retained Earnings topped out at $1.7 billion in Q4 2022 and bottomed at -$2.0 billion in Q1 2022.
- The 5-year median for Retained Earnings is -$41.6 million (2026), against an average of -$102.0 million.
- Across the five-year window, Retained Earnings jumped 978.62% in 2025 and plunged 107.15% in 2026, its largest moves.
- Year by year, Retained Earnings stood at $1.7 billion in 2022, then plunged by 104.46% to -$77.8 million in 2023, then surged by 668.86% to $442.5 million in 2024, then climbed by 8.76% to $481.3 million in 2025, then slumped by 108.64% to -$41.6 million in 2026.
- Per Business Quant, the three latest NOG Retained Earnings figures stand at -$41.6 million (Q1 2026), $481.3 million (Q4 2025), and $552.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 70.02 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | -6.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 4.47 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 6.38 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 21.08 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 5.73 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 3.79 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | -121.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 5.79 Bn |
| 10 | Northern Oil & Gas | 2.00 Bn | 1.96 Bn | -124.72 Mn | -41.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -41.57 Mn |
| Dec 31, 2025 | 481.28 Mn |
| Sep 30, 2025 | 552.01 Mn |
| Jun 30, 2025 | 681.09 Mn |
| Mar 31, 2025 | 581.50 Mn |
| Dec 31, 2024 | 442.52 Mn |
| Sep 30, 2024 | 370.82 Mn |
| Jun 30, 2024 | 72.37 Mn |
| Mar 31, 2024 | -66.18 Mn |
| Dec 31, 2023 | -77.79 Mn |
| Sep 30, 2023 | -466.64 Mn |
| Jun 30, 2023 | -492.75 Mn |
| Mar 31, 2023 | -660.57 Mn |
| Dec 31, 2022 | 1.75 Bn |
| Sep 30, 2022 | -1.15 Bn |
| Jun 30, 2022 | -1.73 Bn |
| Mar 31, 2022 | -1.98 Bn |
| Dec 31, 2021 | -1.77 Bn |
| Sep 30, 2021 | -1.95 Bn |
| Jun 30, 2021 | -1.96 Bn |