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

22.89 0.75 +3.39%
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) Price to free cash flow

Alert me on Price to free cash flow

Northern Oil and Gas, Inc. has no meaningful price to free cash flow: its trailing twelve-month free cash flow is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 18,555× (September 2021) — the current reading is the lowest in ten years.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 8.3× —
FY2024 0.0× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 7.8× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 16.2× —

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 0.0× —
Mar 2026 0.0× —
Dec 2025 8.3× —
Sep 2025 0.0× —
42 more quarters

Against its own ten years

Low 0.0× High 18,555×
Ten-year median 0.0×
Current reading's percentile 81

Price to free cash flow against peers

Company Price to free cash flow
BKV BKV Corporation compare n/m
CRK Comstock Resources, Inc. compare n/m
NOG Northern Oil and Gas, Inc. n/m
VET Vermilion Energy Inc. compare 2.7×
TALO Talos Energy Inc. compare 5.2×
MNR Mach Natural Resources LP compare 6.0×
BSM Black Stone Minerals, L.P. compare 10.1×
KRP Kimbell Royalty compare 12.7×
GPOR Gulfport Energy Corporation compare 39.2×
Oil & Gas E&P industry median 8.4×
Energy sector median 8.9×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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