Northern Oil & Gas (NOG) Shares Outstanding (Diluted) (2010 - 2026)
Northern Oil & Gas (NOG) reported Shares Outstanding (Diluted) of 108.09 million for Q2 2026, up 8.7% from 99.39 million a year earlier and up 9.7% from the prior quarter.
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Analysis
Northern Oil & Gas (NOG) Shares Outstanding (Diluted) (2010 - 2026) Analysis & Trends
For FY2025, Northern Oil & Gas posted Shares Outstanding (Diluted) of 99.31 million, down 1.9% from FY2024.
- Shares Outstanding (Diluted) has a five-year compound annual growth rate of 18.4% (FY2020 to FY2025).
- By year, Shares Outstanding (Diluted) came in at 101.27 million in FY2024 (+10.0%), 92.06 million in FY2023 (+6.2%), 86.68 million in FY2022 (+37.6%) and 62.99 million in FY2021 (+47.4%).
- The Q2 2026 figure ranks as the highest quarterly Shares Outstanding (Diluted) in data going back to Q3 2010.
- Year over year, Shares Outstanding (Diluted) gained in three of the last eight quarters, with growth averaging 1.9%.
- The high point for year-over-year Shares Outstanding (Diluted) in five years was Q3 2021 (growth of 53.1%); the low point was Q3 2025 (a decline of 3.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 98.5 million (Q1 2026), 99.31 million (Q4 2025) and 97.12 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 5.95 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 1.98 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 2.57 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 3.09 Bn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 1.21 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 2.60 Bn |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 402.62 Mn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 2.10 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 | 108.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 108.09 Mn |
| Mar 31, 2026 | 98.50 Mn |
| Dec 31, 2025 | 99.31 Mn |
| Sep 30, 2025 | 97.12 Mn |
| Jun 30, 2025 | 99.39 Mn |
| Mar 31, 2025 | 99.99 Mn |
| Dec 31, 2024 | 101.27 Mn |
| Sep 30, 2024 | 100.72 Mn |
| Jun 30, 2024 | 101.99 Mn |
| Mar 31, 2024 | 101.64 Mn |
| Dec 31, 2023 | 92.06 Mn |
| Sep 30, 2023 | 93.74 Mn |
| Jun 30, 2023 | 89.11 Mn |
| Mar 31, 2023 | 85.41 Mn |
| Dec 31, 2022 | 86.68 Mn |
| Sep 30, 2022 | 86.14 Mn |
| Jun 30, 2022 | 86.79 Mn |
| Mar 31, 2022 | 76.92 Mn |
| Dec 31, 2021 | 62.99 Mn |
| Sep 30, 2021 | 66.63 Mn |
API Access
Northern Oil & Gas Shares Outstanding (Diluted) 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-diluted&ticker=NOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();