Northern Oil & Gas (NOG) Tax Rate (2011 - 2026)
Northern Oil & Gas (NOG) posted quarterly Tax Rate of 24.87% for Q1 2026, down 32.0% year-over-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.
- In Q1 2026, Tax Rate fell 32.0% year-over-year to 24.87%; the TTM figure through Mar 2026 stood at 23.93% (down 7.0% YoY), while the FY2025 annual figure was 38.19%, up 1461.0% from the prior year.
- Tax Rate for Q1 2026 stood at 24.87%, up from 17.81% in the prior quarter.
- The five-year high for Tax Rate was 25.19% in Q1 2025, with the low at 381.99% in Q3 2023.
- The 5-year median for Tax Rate is 18.37% (2024), against an average of 8.66%.
- The sharpest annual moves came in 2023 and 2024: Tax Rate sank 38222 bps in 2023, then surged 40686 bps in 2024.
- Northern Oil & Gas' Tax Rate stood at 0.02% in 2022, then soared by 70621 bps to 13.13% in 2023, then surged by 40 bps to 18.37% in 2024, then retreated by 3 bps to 17.81% in 2025, then soared by 40 bps to 24.87% in 2026.
- Business Quant data shows NOG's Tax Rate at 24.87% in Q1 2026, 17.81% in Q4 2025, and 23.54% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.32 Bn | 156.63 Bn | 12.81 Bn | 35.37% |
| 2 | Canadian Natural Resources | 106.69 Bn | 104.80 Bn | 10.66 Bn | 18.22% |
| 3 | Eog Resources | 80.36 Bn | 75.45 Bn | - | 22.15% |
| 4 | Diamondback Energy | 59.21 Bn | 58.75 Bn | 5.55 Bn | 22.01% |
| 5 | Devon Energy | 46.16 Bn | 45.15 Bn | 6.02 Bn | 22.36% |
| 6 | Woodside Energy | 46.10 Bn | 40.16 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.34 Bn | 35.19 Bn | 7.73 Bn | 23.37% |
| 8 | Eqt | 33.57 Bn | 33.46 Bn | 1.42 Bn | 23.18% |
| 9 | Texas Pacific Land | 26.61 Bn | 26.36 Bn | - | 20.53% |
| 10 | Northern Oil & Gas | 2.89 Bn | 2.81 Bn | 618.15 Mn | 23.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.83% |
| Jun 30, 2026 | 23.83% |
| Jun 30, 2026 | 23.83% |
| 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% |