Northern Oil And Gas, Inc. NOG

FY2025 · ended Dec 31, 2025 · Revenue $2.48B, +11.2% YoY · Filed Feb 26, 2026

Northern Oil And Gas, Inc. (NOG) files with the SEC under industry code 1311, Crude Petroleum & Natural Gas. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $2.5 billion and net income of $38.8 million. As of Jun 30, 2026 it held $47.6 million in cash and investments and $2.7 billion in total debt.

Revenue (TTM)
$1.92B
-25.6% vs year-ago TTM
Net income (TTM)
$-486.02M
-179.8% vs year-ago TTM
Operating cash flow (TTM)
$1.38B
-4.5% vs year-ago TTM
Free cash flow
$222.39M
+12.2% vs prior year
EPS (TTM)
$-4.83
-179.6% vs year-ago TTM
Dividend per share
None
Shares outstanding
97.29M
-1.8% vs prior year
Net cash
$-2.68B
as of Jun 30, 2026
Operating margin
-24.1%
FY 2026

Company profile

Industry
Crude Petroleum & Natural Gas (SIC 1311)
Listed as
NOG (NYSE)
Fiscal year ends
December 31
Headquarters
Minnetonka, MN
SEC filer status
Large accelerated filer
SEC CIK
1104485
Former names
KENTEX PETROLEUM INC (until Mar 8, 2007)

Other Crude Petroleum & Natural Gas companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
$2.5B
$2.2B
$2.2B
$1.6B
$496.9M
Operating income
$245.8M
$837.8M
$1.1B
$853.2M
$78.0M
Net income
$38.8M
$520.3M
$923.0M
$773.2M
$6.4M
Diluted EPS
$0.39
$5.14
$10.03
$8.92
-$0.13
Operating cash flow
$1.5B
$1.4B
$1.2B
$928.4M
$396.5M
Total assets
$5.4B
$5.6B
$4.5B
$2.9B
$1.5B
Total liabilities
$3.3B
$3.3B
$2.4B
$2.1B
$1.3B
Stockholders' equity
$2.1B
$2.3B
$2.0B
$745.3M
$215.1M
Cash and investments
$14.3M
$8.9M
$8.2M
$2.5M
$9.5M
Total debt
$2.4B
$2.4B
$1.8B
$1.5B
$803.4M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Results of operations
Nov 5, 2026 Nov 5, 2026
8-K Current report
Results of operations
Oct 13, 2026 Oct 12, 2026
8-K Current report
Material agreement, New debt
Aug 26, 2026 Aug 26, 2026
8-K Current report
Other events
Aug 19, 2026 Aug 19, 2026
8-K Current report
Other events
Aug 19, 2026 Aug 19, 2026
10-Q Quarterly report Aug 7, 2026 Jun 30, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.