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| Date | Value |
|---|---|
| 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% |