Northern Oil & Gas (NOG) Return on Invested Capital (2015 - 2023)

Northern Oil & Gas' Return on Invested Capital history runs 9 years deep, the most recent figure standing at 1.15% for Q4 2023.

• In Q4 2023, Return on Invested Capital fell 8.0% year-over-year to 1.15%; the TTM figure through Dec 2023 stood at 1.15% (down 8.0% YoY), while the FY2018 annual figure was 0.15%, down 81.0% from the prior year.
• Return on Invested Capital for Q4 2023 stood at 1.15%, up from 0.52% in the prior quarter.
• The five-year high for Return on Invested Capital was 8.3% in Q3 2022, with the low at 0.63% in Q1 2022.
• The 5-year median for Return on Invested Capital is 0.05% (2019), against an average of 1.15%.
• Peak annual rise in Return on Invested Capital reached 163 bps in 2023, while the deepest fall reached 778 bps in 2023.
• Northern Oil & Gas' Return on Invested Capital stood at 0.03% in 2019, then sank by 207 bps to 0.04% in 2020, then jumped by 161 bps to 0.02% in 2021, then jumped by 5336 bps to 1.23% in 2022, then slipped by 6 bps to 1.15% in 2023.
• Business Quant data shows NOG's Return on Invested Capital at 1.15% in Q4 2023, 0.52% in Q3 2023, and 0.83% in Q2 2023.