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Northern Oil and Gas, Inc. (NOG) Financial History

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Energy · Oil & Gas E&P · DATA UPDATED 2026-07-21

Northern Oil and Gas, Inc. (NOG) operates in the Oil & Gas E&P industry and is headquartered in Minnetonka, United States with about 64 employees. Its market capitalization is roughly $2 billion. In the fiscal year ended 2025-12-31, NOG reported $2.1B in revenue and $39M in net income.

Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. Northern Oil and Gas, Inc. was founded in 2006 and is headquartered in Minnetonka, Minnesota.

Interactive charts & full statements → Open the NOG valuation workbench →

NOG Revenue & Earnings History — Annual Income Statement

Income statement2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Revenue$2.1B$2.2B$1.9B$2.0B
Gross Profit$675M$836M$914M$1.3B
Operating Income (EBIT)$601M$776M$863M$1.3B
Net Income$39M$520M$923M$773M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NOG Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Total Revenue$544M$451M$486M$578M$580M
Gross Profit$179M$96M$140M$215M$224M
Operating Income (EBIT)$152M$75M$122M$196M$208M
Net Income($523M)($71M)($129M)$100M$139M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NOG Free Cash Flow History

Cash flow2025-12-312024-12-312023-12-312022-12-312021-12-31
Dividends Paid($173M)($162M)($124M)($73M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NOG Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Dividends Paid($44M)($44M)($44M)($44M)($42M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NOG Balance Sheet History

Balance sheet2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Assets$5.4B$5.6B$4.5B$2.9B
Total Liabilities$3.3B$3.3B$2.4B$2.1B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive NOG viewer.

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