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
DateValue
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