Northern Oil & Gas (NOG) Share-based Compensation (2010 - 2026)
Northern Oil & Gas (NOG) recorded Share-based Compensation of $4.41 million in Q2 2026, up 16.8% from $3.78 million a year earlier and up 18.9% from the prior quarter.
Powered by 
Analysis
Northern Oil & Gas (NOG) Share-based Compensation (2010 - 2026) Analysis & Trends
On a TTM basis, Northern Oil & Gas' Share-based Compensation came in at $16.13 million as of Jun 30, 2026, up 15.0% year-over-year; for FY2025, it was $15.36 million, up 28.4% from FY2024.
- Annual Share-based Compensation has increased for four straight years, with a five-year compound annual growth rate of 30.1% (FY2020 to FY2025).
- Across earlier years, Share-based Compensation came in at $11.97 million in FY2024 (+111.5%), $5.66 million in FY2023 (+0.1%), $5.66 million in FY2022 (+56.2%) and $3.62 million in FY2021 (-12.1%).
- The Q2 2026 figure is the highest quarterly Share-based Compensation since Q3 2012.
- On a year-over-year basis, Share-based Compensation has increased for ten consecutive quarters, with growth averaging 60.9% over the last eight quarters.
- Peak year-over-year performance for Share-based Compensation in the last five years was growth of 202.0% in Q4 2024, against a decline of 26.8% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.71 million (Q1 2026), $3.92 million (Q4 2025) and $4.1 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | - |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | - |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | - |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | - |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | - |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | -141.69 Mn |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | -60.00 Mn |
| 10 | Northern Oil & Gas | 2.47 Bn | 2.34 Bn | 618.15 Mn | 4.41 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.41 Mn |
| Mar 31, 2026 | 3.71 Mn |
| Dec 31, 2025 | 3.92 Mn |
| Sep 30, 2025 | 4.10 Mn |
| Jun 30, 2025 | 3.78 Mn |
| Mar 31, 2025 | 3.58 Mn |
| Dec 31, 2024 | 3.57 Mn |
| Sep 30, 2024 | 3.10 Mn |
| Jun 30, 2024 | 3.03 Mn |
| Mar 31, 2024 | 2.27 Mn |
| Dec 31, 2023 | 1.18 Mn |
| Sep 30, 2023 | 1.29 Mn |
| Jun 30, 2023 | 1.04 Mn |
| Mar 31, 2023 | 2.15 Mn |
| Dec 31, 2022 | 1.45 Mn |
| Sep 30, 2022 | 1.34 Mn |
| Jun 30, 2022 | 1.42 Mn |
| Mar 31, 2022 | 1.45 Mn |
| Dec 31, 2021 | 1.37 Mn |
| Sep 30, 2021 | 698,000.00 |
API Access
Northern Oil & Gas Share-based Compensation 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=share-based-compensation&ticker=NOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();