Northern Oil & Gas (NOG) Tax Provisions (2011 - 2026)
Northern Oil & Gas' (NOG) quarterly Tax Provisions came in at -$173.1 million in Q1 2026, down 469.83% year-on-year from $46.8 million in Q1 2025, and down 1029.45% quarter-over-quarter from -$15.3 million in Q4 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.
- On a quarterly basis, Tax Provisions fell 469.83% year-over-year to -$173.1 million in Q1 2026; TTM through Mar 2026 was -$196.0 million, a 195.83% decrease from a year earlier, with the FY2025 full-year figure at $23.9 million, down 85.08% from the prior year.
- Tax Provisions declined to -$173.1 million in Q1 2026 per NOG's latest filing, from -$15.3 million in the prior quarter.
- Across five years, Tax Provisions topped out at $98.8 million in Q3 2024 and bottomed at -$173.1 million in Q1 2026.
- The 5-year median for Tax Provisions is $1.3 million (2022), against an average of $5.4 million.
- Biggest YoY gain for Tax Provisions was 217733.33% in 2023; the steepest drop was 1652.89% in 2023.
- Year by year, Tax Provisions stood at -$27000.0 in 2022, then jumped by 217733.33% to $58.8 million in 2023, then tumbled by 72.53% to $16.1 million in 2024, then plunged by 194.96% to -$15.3 million in 2025, then plunged by 1029.45% to -$173.1 million in 2026.
- Per Business Quant, the three latest NOG Tax Provisions figures stand at -$173.1 million (Q1 2026), -$15.3 million (Q4 2025), and -$39.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 1.18 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 575.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 32.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 1.10 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 154.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 84.93 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 40.66 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | -188.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 330.00 Mn |
| 10 | Northern Oil & Gas | 2.00 Bn | 1.96 Bn | -124.72 Mn | -173.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -173.10 Mn |
| Dec 31, 2025 | -15.33 Mn |
| Sep 30, 2025 | -39.73 Mn |
| Jun 30, 2025 | 32.20 Mn |
| Mar 31, 2025 | 46.81 Mn |
| Dec 31, 2024 | 16.14 Mn |
| Sep 30, 2024 | 98.80 Mn |
| Jun 30, 2024 | 42.75 Mn |
| Mar 31, 2024 | 2.85 Mn |
| Dec 31, 2023 | 58.76 Mn |
| Sep 30, 2023 | -20.70 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 |