Northern Oil & Gas (NOG) Short-Term Debt issuances (2009 - 2026)
Northern Oil & Gas (NOG) recorded Short-Term Debt issuances of $52 million in Q3 2026, down 54.8% from $115 million a year earlier and down 82.9% from the prior quarter.
Northern Oil & Gas (NOG) Short-Term Debt issuances (2009 - 2026) Analysis & Trends
On a TTM basis, Northern Oil & Gas' Short-Term Debt issuances came in at $936 million as of Sep 30, 2026, up 10.9% year-over-year; for FY2025, it came in at $388 million, down 60.6% from FY2024.
- Annual Short-Term Debt issuances has declined for three straight years, though with a five-year compound annual growth rate of 37.8% (FY2020 to FY2025).
- Across earlier years, Short-Term Debt issuances came in at $984 million in FY2024 (-1.4%), $998.22 million in FY2023 (-20.8%), $1.26 billion in FY2022 (+127.4%) and $554 million in FY2021 (+610.3%).
- The Q3 2026 figure is the lowest quarterly Short-Term Debt issuances since Q2 2023.
- On a year-over-year basis, Short-Term Debt issuances rose in four of the last eight quarters, with growth averaging 156.2%.
- Peak year-over-year performance for Short-Term Debt issuances in the last five years was growth of 772.7% in Q1 2026, against a decline of 82.0% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $304 million (Q2 2026), $480 million (Q1 2026) and $100 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ST Debt Issuance (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 | - |
| 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 | 52.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 52.00 Mn |
| Jun 30, 2026 | 304.00 Mn |
| Mar 31, 2026 | 480.00 Mn |
| Dec 31, 2025 | 100.00 Mn |
| Sep 30, 2025 | 115.00 Mn |
| Jun 30, 2025 | 118.00 Mn |
| Mar 31, 2025 | 55.00 Mn |
| Dec 31, 2024 | 556.00 Mn |
| Sep 30, 2024 | 182.00 Mn |
| Jun 30, 2024 | 66.00 Mn |
| Mar 31, 2024 | 180.00 Mn |
| Dec 31, 2023 | 95.22 Mn |
| Sep 30, 2023 | 523.00 Mn |
| Jun 30, 2023 | 43.00 Mn |
| Mar 31, 2023 | 337.00 Mn |
| Dec 31, 2022 | 430.00 Mn |
| Sep 30, 2022 | 269.00 Mn |
| Jun 30, 2022 | 127.00 Mn |
| Mar 31, 2022 | 434.00 Mn |
| Dec 31, 2021 | 126.00 Mn |
Northern Oil & Gas Short-Term Debt issuances 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=short-term-debt-issuances&ticker=NOG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-debt-issuances", "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=short-term-debt-issuances&ticker=NOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();