Northern Oil & Gas (NOG) Tax Provisions (2011 - 2026)
Northern Oil & Gas (NOG) recorded quarterly Tax Provisions of -$173.1 million in Q1 2026, down 1029.26% quarter-over-quarter from -$15.3 million in Q4 2025, and down 469.77% on a YoY basis from $46.8 million in Q1 2025.
Northern Oil & Gas (NOG) Tax Provisions (2011 - 2026) Analysis & Trends
Northern Oil & Gas' Tax Provisions history runs 15 years deep, the most recent figure standing at -$173.1 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 469.77% year-over-year to -$173.1 million; the TTM figure through Mar 2026 stood at -$195.9 million (down 195.84% YoY), while the FY2025 annual figure was $23.9 million, down 85.08% from the prior year.
- Tax Provisions was -$173.1 million for Q1 2026 at Northern Oil & Gas, down from -$15.3 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $98.8 million in Q3 2024 to a low of -$173.1 million in Q1 2026.
- Historically, Tax Provisions has averaged $5.4 million across 5 years, with a median of $1.3 million in 2022.
- Biggest YoY gain for Tax Provisions was 217733.33% in 2023; the steepest drop was 1652.21% in 2023.
- A 5-year view of Tax Provisions shows it stood at -$27000.0 in 2022, then jumped by 217733.33% to $58.8 million in 2023, then slumped by 72.59% to $16.1 million in 2024, then slumped by 195.14% to -$15.3 million in 2025, then slumped by 1029.26% to -$173.1 million in 2026.
- The last three Tax Provisions figures came in at -$173.1 million (Q1 2026), -$15.3 million (Q4 2025), and -$39.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 404.71 Mn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 1.18 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 575.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 154.00 Mn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 32.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | -35.82 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 433.35 Mn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -73.74 Mn |
| 10 | Northern Oil & Gas | 2.04 Bn | 2.00 Bn | -124.72 Mn | -173.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -173.07 Mn |
| Dec 31, 2025 | -15.33 Mn |
| Sep 30, 2025 | -39.70 Mn |
| Jun 30, 2025 | 32.19 Mn |
| Mar 31, 2025 | 46.81 Mn |
| Dec 31, 2024 | 16.11 Mn |
| Sep 30, 2024 | 98.80 Mn |
| Jun 30, 2024 | 42.70 Mn |
| Mar 31, 2024 | 2.80 Mn |
| Dec 31, 2023 | 58.76 Mn |
| Sep 30, 2023 | -20.69 Mn |
| Jun 30, 2023 | 39.00 Mn |
| Mar 31, 2023 | 692,000.00 |
| Dec 31, 2022 | -27,000.00 |
| Sep 30, 2022 | 1.33 Mn |
| Jun 30, 2022 | 1.01 Mn |
| Mar 31, 2022 | 789,000.00 |
| Dec 31, 2021 | 233,000.00 |
| Mar 31, 2020 | -166,000.00 |
| Dec 31, 2018 | -55,000.00 |