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
- +5.44%
- EPS
- +119.6%
- Free cash flow
- −267.0%
- Total debt
- +15.2%
Quarter to June 2026, against a year earlier
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Northern Oil and Gas, Inc. (NOG) Free cash flow
Northern Oil and Gas, Inc.'s free cash flow for fiscal 2025 was $252.8M, compared with −$266.1M in fiscal 2024. Over the twelve months to 30 June 2026 it was −$294.2M. Over the past ten years it has ranged from −$679.0M (fiscal 2023) to $252.8M (fiscal 2025) — the current reading is the highest in ten years. Northern Oil and Gas, Inc. ranks 64th of 68 Oil & Gas E&P companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $252.8M | — |
| FY2024 | −$266.1M | — |
| FY2023 | −$679.0M | — |
| FY2022 | −$431.4M | — |
| FY2021 | −$197.3M | — |
| FY2020 | $47.8M | — |
| FY2019 | −$229.4M | — |
| FY2018 | −$230.3M | — |
| FY2017 | −$46.3M | — |
| FY2016 | $10.9M | — |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | −$58.2M | — |
| Mar 2026 | −$311.1M | — |
| Dec 2025 | $4.6M | (93.54%) |
| Sep 2025 | $70.5M | 102.38% |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| VET Vermilion Energy Inc. compare | $589.1M |
| MNR Mach Natural Resources LP compare | $587.6M |
| TALO Talos Energy Inc. compare | $484.4M |
| BSM Black Stone Minerals, L.P. compare | $302.6M |
| KRP Kimbell Royalty compare | $118.9M |
| GPOR Gulfport Energy Corporation compare | $70.2M |
| NOG Northern Oil and Gas, Inc. | −$294.2M |
| CRK Comstock Resources, Inc. compare | −$386.7M |
| BKV BKV Corporation compare | −$591.5M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on NOG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- 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/Sales
- 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