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
DateValue
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