Northern Oil & Gas (NOG) Shares Outstanding (2010 - 2026)
Northern Oil & Gas' Shares Outstanding came in at 105.87 million for Q2 2026, up 8.0% from 98.06 million a year earlier and up 7.5% from the prior quarter.
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Analysis
Northern Oil & Gas (NOG) Shares Outstanding (2010 - 2026) Analysis & Trends
For FY2025, Northern Oil & Gas' Shares Outstanding was 97.71 million, down 2.1% from FY2024.
- Shares Outstanding carries a five-year compound annual growth rate of 18.0% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 99.85 million in FY2024 (+9.1%), 91.48 million in FY2023 (+16.5%), 78.56 million in FY2022 (+24.7%) and 62.99 million in FY2021 (+47.4%).
- The Q2 2026 figure represents the highest quarterly Shares Outstanding in data going back to Q3 2010.
- Year-over-year, Shares Outstanding increased in three of the last eight quarters, with growth averaging 2.0%.
- The fastest year-over-year change in Shares Outstanding over five years came in Q3 2021 (growth of 51.3%), and the weakest in Q3 2025 (a decline of 2.4%).
- Business Quant data shows NOG's Shares Outstanding at 98.5 million (Q1 2026), 97.71 million (Q4 2025) and 97.12 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 5.89 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 1.97 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 2.55 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 3.02 Bn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 1.21 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 2.59 Bn |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 400.95 Mn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 2.09 Bn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 1.22 Bn |
| 10 | Northern Oil & Gas | 2.44 Bn | 2.31 Bn | 618.15 Mn | 105.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 105.87 Mn |
| Mar 31, 2026 | 98.50 Mn |
| Dec 31, 2025 | 97.71 Mn |
| Sep 30, 2025 | 97.12 Mn |
| Jun 30, 2025 | 98.06 Mn |
| Mar 31, 2025 | 98.56 Mn |
| Dec 31, 2024 | 99.85 Mn |
| Sep 30, 2024 | 99.49 Mn |
| Jun 30, 2024 | 100.27 Mn |
| Mar 31, 2024 | 100.44 Mn |
| Dec 31, 2023 | 91.48 Mn |
| Sep 30, 2023 | 92.77 Mn |
| Jun 30, 2023 | 88.80 Mn |
| Mar 31, 2023 | 84.92 Mn |
| Dec 31, 2022 | 78.56 Mn |
| Sep 30, 2022 | 78.59 Mn |
| Jun 30, 2022 | 77.37 Mn |
| Mar 31, 2022 | 76.92 Mn |
| Dec 31, 2021 | 62.99 Mn |
| Sep 30, 2021 | 65.86 Mn |
API Access
Northern Oil & Gas Shares Outstanding 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=shares-outstanding&ticker=NOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();