stockrowNorthern 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) Gross margin
Northern Oil and Gas, Inc.'s gross margin over the twelve months to 30 June 2026 was 66.7%, down 8.9 percentage points from fiscal 2025 (75.6%). Over the past ten years it has ranged from 50.1% (fiscal 2021) to 83.5% (fiscal 2018); the current reading is higher than 82% of that period. That is below the Oil & Gas E&P industry median of 79.5% and above the Energy sector median of 42.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 75.6% | 1.93 |
| FY2024 | 73.6% | (2.96) |
| FY2023 | 76.6% | 3.26 |
| FY2022 | 73.3% | 23.19 |
| FY2021 | 50.1% | (23.40) |
| FY2020 | 73.5% | 10.94 |
| FY2019 | 62.6% | (20.91) |
| FY2018 | 83.5% | 17.11 |
| FY2017 | 66.4% | 8.63 |
| FY2016 | 57.8% | (15.44) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 76.8% | 3,319.22 |
| Mar 2026 | −3,242.4% | (3,317.69) |
| Dec 2025 | 75.3% | 1.69 |
| Sep 2025 | 73.6% | (4.19) |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| BSM Black Stone Minerals, L.P. compare | 100.0% |
| KRP Kimbell Royalty compare | 100.0% |
| TALO Talos Energy Inc. compare | 100.0% |
| GPOR Gulfport Energy Corporation compare | 94.1% |
| NOG Northern Oil and Gas, Inc. | 66.7% |
| VET Vermilion Energy Inc. compare | 62.1% |
| BKV BKV Corporation compare | 57.8% |
| CRK Comstock Resources, Inc. compare | 0.00% |
| MNR Mach Natural Resources LP compare | 0.00% |
| Oil & Gas E&P industry median | 79.5% |
| Energy sector median | 42.1% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on NOG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- 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