Northern Oil & Gas (NOG) Tax Rate (2011 - 2026)

Northern Oil & Gas (NOG) recorded quarterly Tax Rate of 24.87% in Q1 2026, up 39.65% quarter-over-quarter from 17.81% in Q4 2025, and down 32.0% on a YoY basis from 36.57% in Q1 2025.

Northern Oil & Gas (NOG) Tax Rate (2011 - 2026) Analysis & Trends

Northern Oil & Gas' Tax Rate history runs 15 years deep, the most recent figure standing at 24.87% for Q1 2026.

  • In Q1 2026, Tax Rate fell 32.0% year-over-year to 24.87%; the TTM figure through Mar 2026 stood at 23.92% (down 7.0% YoY), while the FY2025 annual figure was 38.19%, up 1461.0% from the prior year.
  • Tax Rate was 24.87% for Q1 2026 at Northern Oil & Gas, up from 17.81% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 25.19% in Q1 2025 to a low of 381.82% in Q3 2023.
  • Historically, Tax Rate has averaged 8.67% across 5 years, with a median of 18.34% in 2024.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate tumbled 38205 bps in 2023, then soared 40670 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 0.02% in 2022, then jumped by 70621 bps to 13.13% in 2023, then jumped by 40 bps to 18.34% in 2024, then dropped by 3 bps to 17.81% in 2025, then jumped by 40 bps to 24.87% in 2026.
  • The last three Tax Rate figures came in at 24.87% (Q1 2026), 17.81% (Q4 2025), and 23.52% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 32.08%
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 35.09%
4 Eog Resources 72.93 Bn 69.08 Bn - 22.50%
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 39.49%
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 18.18%
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -24.95%
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 21.81%
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 41.73%
10 Northern Oil & Gas 2.04 Bn 2.00 Bn -124.72 Mn 24.87%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.87%
Mar 31, 2026 24.87%
Dec 31, 2025 17.81%
Dec 31, 2025 17.81%
Sep 30, 2025 23.52%
Sep 30, 2025 23.52%
Jun 30, 2025 24.43%
Jun 30, 2025 24.43%
Mar 31, 2025 25.19%
Mar 31, 2025 25.19%
Dec 31, 2024 18.34%
Dec 31, 2024 18.34%
Sep 30, 2024 24.87%
Sep 30, 2024 24.87%
Jun 30, 2024 23.55%
Jun 30, 2024 23.55%
Mar 31, 2024 19.37%
Mar 31, 2024 19.37%
Dec 31, 2023 13.13%
Dec 31, 2023 13.13%