Northern Oil and Gas, Inc.
NOG Energy Oil & Gas E&P
Northern Oil and Gas, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.5 billion, up 11.2% from fiscal 2024.
- Revenue
- −37.9%
- EPS
- +20.3%
- Free cash flow
- +124.5%
- Total debt
- +11.5%
Quarter to September 2026, against a year earlier
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Northern Oil and Gas, Inc. (NOG) EV/Sales
As of 6 November 2026, Northern Oil and Gas, Inc. (NOG) trades at a EV/Sales of 3.0×. Over the past ten years it has ranged from 1.0× (April 2020) to 29.9× (June 2021); the current reading is higher than 54% of that period. That is above the Oil & Gas E&P industry median of 2.3× and above the Energy sector median of 2.0×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 1.8× | (35.37%) |
| FY2024 | 2.7× | 14.26% |
| FY2023 | 2.4× | (1.85%) |
| FY2022 | 2.4× | (43.69%) |
| FY2021 | 4.3× | 88.89% |
| FY2020 | 2.3× | (49.77%) |
| FY2019 | 4.6× | 121.32% |
| FY2018 | 2.1× | (63.73%) |
| FY2017 | 5.7× | (17.87%) |
| FY2016 | 6.9× | 78.70% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Sep 2026 | 3.0× | 22.83% |
| Jun 2026 | 2.4× | (16.71%) |
| Mar 2026 | 2.9× | 64.11% |
| Dec 2025 | 1.8× | (9.65%) |
| 43 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| TALO Talos Energy Inc. compare | 1.6× |
| BKV BKV Corporation compare | 1.7× |
| VET Vermilion Energy Inc. compare | 1.9× |
| MNR Mach Natural Resources LP compare | 1.9× |
| GPOR Gulfport Energy Corporation compare | 2.4× |
| NOG Northern Oil and Gas, Inc. | 3.0× |
| CRK Comstock Resources, Inc. compare | 3.5× |
| KRP Kimbell Royalty compare | 5.8× |
| BSM Black Stone Minerals, L.P. compare | 7.4× |
| Oil & Gas E&P industry median | 2.3× |
| Energy sector median | 2.0× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)
More on NOG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement