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

Northern Oil & Gas' (NOG) quarterly Tax Rate came in at 24.87% in Q1 2026, down 32.0% year-on-year from 36.58% in Q1 2025, and up 39.67% quarter-over-quarter from 17.81% in Q4 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.

  • On a quarterly basis, Tax Rate fell 32.0% year-over-year to 24.87% in Q1 2026; TTM through Mar 2026 was 23.93%, a 7.0% decrease from a year earlier, with the FY2025 full-year figure at 38.19%, up 1461.0% from the prior year.
  • Tax Rate climbed to 24.87% in Q1 2026 per NOG's latest filing, from 17.81% in the prior quarter.
  • Across five years, Tax Rate topped out at 25.19% in Q1 2025 and bottomed at 381.99% in Q3 2023.
  • The 5-year median for Tax Rate is 18.37% (2024), against an average of 8.66%.
  • Across the five-year window, Tax Rate slumped 38222 bps in 2023 and surged 40686 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 0.02% in 2022, then jumped by 70621 bps to 13.13% in 2023, then soared by 40 bps to 18.37% in 2024, then decreased by 3 bps to 17.81% in 2025, then jumped by 40 bps to 24.87% in 2026.
  • Per Business Quant, the three latest NOG Tax Rate figures stand at 24.87% (Q1 2026), 17.81% (Q4 2025), and 23.54% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 35.09%
2 Eog Resources 74.61 Bn 70.76 Bn - 22.50%
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 18.18%
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 57.82%
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 39.49%
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 23.18%
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 22.15%
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn -671.43%
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 22.16%
10 Northern Oil & Gas 2.00 Bn 1.96 Bn -124.72 Mn 24.87%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.87%
Mar 31, 2026 24.87%
Mar 31, 2026 24.87%
Dec 31, 2025 17.81%
Dec 31, 2025 17.81%
Dec 31, 2025 17.81%
Sep 30, 2025 23.54%
Sep 30, 2025 23.54%
Sep 30, 2025 23.54%
Jun 30, 2025 24.44%
Jun 30, 2025 24.44%
Jun 30, 2025 24.44%
Mar 31, 2025 25.19%
Mar 31, 2025 25.19%
Mar 31, 2025 25.19%
Dec 31, 2024 18.37%
Dec 31, 2024 18.37%
Dec 31, 2024 18.37%
Sep 30, 2024 24.87%
Sep 30, 2024 24.87%