Northern Oil & Gas (NOG) Total Debt (2011 - 2026)
Northern Oil & Gas' (NOG) quarterly Total Debt came in at $2.6 billion in Q1 2026, up 10.43% year-on-year from $2.3 billion in Q1 2025, and up 6.52% quarter-over-quarter from $2.4 billion in Q4 2025.
Northern Oil & Gas (NOG) Total Debt (2011 - 2026) Analysis & Trends
Northern Oil & Gas' Total Debt history runs 16 years deep, the most recent figure standing at $2.6 billion for Q1 2026.
- On a quarterly basis, Total Debt rose 10.43% year-over-year to $2.6 billion in Q1 2026; TTM through Mar 2026 was $2.6 billion, a 10.43% increase from a year earlier, with the FY2025 full-year figure at $2.4 billion, up 1.1% from the prior year.
- Total Debt climbed to $2.6 billion in Q1 2026 per NOG's latest filing, from $2.4 billion in the prior quarter.
- Across five years, Total Debt topped out at $2.6 billion in Q1 2026 and bottomed at $1.1 billion in Q2 2022.
- The 5-year median for Total Debt is $1.9 billion (2024), against an average of $1.9 billion.
- Across the five-year window, Total Debt soared 91.12% in 2022 and slipped 5.07% in 2024, its largest moves.
- Year by year, Total Debt stood at $1.5 billion in 2022, then advanced by 19.54% to $1.8 billion in 2023, then grew by 29.08% to $2.4 billion in 2024, then advanced by 1.1% to $2.4 billion in 2025, then grew by 6.52% to $2.6 billion in 2026.
- Per Business Quant, the three latest NOG Total Debt figures stand at $2.6 billion (Q1 2026), $2.4 billion (Q4 2025), and $2.3 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 23.33 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 7.93 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 13.90 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 11.96 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 15.67 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 5.77 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 8.39 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 5.88 Bn |
| 10 | Northern Oil & Gas | 2.00 Bn | 1.96 Bn | -124.72 Mn | 2.55 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.55 Bn |
| Dec 31, 2025 | 2.40 Bn |
| Sep 30, 2025 | 2.35 Bn |
| Jun 30, 2025 | 2.37 Bn |
| Mar 31, 2025 | 2.31 Bn |
| Dec 31, 2024 | 2.37 Bn |
| Sep 30, 2024 | 1.95 Bn |
| Jun 30, 2024 | 1.87 Bn |
| Mar 31, 2024 | 1.94 Bn |
| Dec 31, 2023 | 1.84 Bn |
| Sep 30, 2023 | 2.06 Bn |
| Jun 30, 2023 | 1.67 Bn |
| Mar 31, 2023 | 1.76 Bn |
| Dec 31, 2022 | 1.54 Bn |
| Sep 30, 2022 | 1.17 Bn |
| Jun 30, 2022 | 1.10 Bn |
| Mar 31, 2022 | 1.12 Bn |
| Dec 31, 2021 | 803.44 Mn |
| Sep 30, 2021 | 858.66 Mn |
| Jun 30, 2021 | 802.51 Mn |