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

23.22 1.08 +4.88%
Market cap
$2.4B
P/E
0.0×
Fwd P/E
−27.7×
Dividend yield
8.04%
F-score
8/9
Altman Z
1.13
Beneish M
−2.78
Dividend safety
42/100

Northern Oil and Gas, Inc. (NOG) P/E ratio

Alert me on P/E ratio

Northern Oil and Gas, Inc. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 83.3× (March 2026) — the current reading is the lowest in ten years.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 58.0× 715.12%
FY2024 7.1× 95.17%
FY2023 3.6× 15.55%
FY2022 3.2× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 3.7× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 0.0× —
Mar 2026 0.0× —
Dec 2025 58.0× 325.84%
Sep 2025 13.6× 195.60%
42 more quarters

Against its own ten years

Low 0.0× High 83.3×
Ten-year median 0.0×
Current reading's percentile 54

P/E ratio against peers

Company P/E ratio
TALO Talos Energy Inc. compare n/m
NOG Northern Oil and Gas, Inc. n/m
VET Vermilion Energy Inc. compare n/m
GPOR Gulfport Energy Corporation compare 6.0×
BKV BKV Corporation compare 6.6×
CRK Comstock Resources, Inc. compare 9.1×
MNR Mach Natural Resources LP compare 11.4×
BSM Black Stone Minerals, L.P. compare 13.6×
KRP Kimbell Royalty compare 19.6×
Oil & Gas E&P industry median 9.7×
Energy sector median 11.9×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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