Northern Oil & Gas (NOG) Share-based Compensation (2009 - 2026)
Northern Oil & Gas (NOG) recorded Share-based Compensation of $4.46 million in Q3 2026, up 8.8% from $4.1 million a year earlier and up 1.0% from the prior quarter.
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Analysis
Northern Oil & Gas (NOG) Share-based Compensation (2009 - 2026) Analysis & Trends
On a TTM basis, Northern Oil & Gas' Share-based Compensation came in at $16.49 million as of Sep 30, 2026, up 9.8% 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 Q3 2026 figure is the highest quarterly Share-based Compensation since Q3 2012.
- On a year-over-year basis, Share-based Compensation has increased for 11 consecutive quarters, with growth averaging 44.4% 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 $4.41 million (Q2 2026), $3.71 million (Q1 2026) and $3.92 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | - |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | - |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | - |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | - |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | - |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 307.88 Mn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | - |
| 10 | Northern Oil & Gas | 2.66 Bn | 2.53 Bn | 202.42 Mn | 4.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.46 Mn |
| 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 |
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();