Friday 6 November 2026 Export NOG’s income statement to Excel — free account

Northern Oil and Gas, Inc.

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%

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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

Overview

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

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As of 5 November 2026, Northern Oil and Gas, Inc. (NOG) trades at a P/S ratio of 1.2×. Over the past ten years it has ranged from 0.2× (October 2017) to 16.8× (June 2021); the current reading is higher than 54% of that period. That is below the Oil & Gas E&P industry median of 1.8× and below the Energy sector median of 1.5×.

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<iframe src="https://stockrow.com/embed/NOG/ps-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Northern Oil and Gas, Inc. P/S ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/NOG/metrics/ps-ratio">Northern Oil and Gas, Inc. (NOG) P/S ratio — stockrow.com</a></p>

Period	P/S ratio	Change
FY2025	0.8×	(49.17%)
FY2024	1.7×	7.15%
FY2023	1.6×	7.22%
FY2022	1.5×	(44.38%)
FY2021	2.6×	284.72%
FY2020	0.7×	(64.63%)
FY2019	1.9×	143.85%
FY2018	0.8×	3.83%
FY2017	0.8×	(38.14%)
FY2016	1.2×	43.83%

Period	P/S ratio	Change
Jun 2026	1.0×	(34.60%)
Mar 2026	1.5×	80.86%
Dec 2025	0.8×	(16.25%)
Sep 2025	1.0×	(6.19%)
42 more quarters	Free account

Against its own ten years

Low 0.2× High 16.8×

Ten-year median 1.2×

Current reading's percentile 49

Company	P/S ratio
BKV BKV Corporation compare	1.1×
TALO Talos Energy Inc. compare	1.2×
MNR Mach Natural Resources LP compare	1.2×
NOG Northern Oil and Gas, Inc.	1.2×
VET Vermilion Energy Inc. compare	1.2×
GPOR Gulfport Energy Corporation compare	1.8×
CRK Comstock Resources, Inc. compare	1.8×
KRP Kimbell Royalty compare	4.3×
BSM Black Stone Minerals, L.P. compare	7.2×
Oil & Gas E&P industry median	1.8×
Energy sector median	1.5×
Market median	1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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

P/S ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/S ratio against peers

What P/S ratio is

More on NOG

P/S ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/S ratio against peers

What P/S ratio is

More on NOG

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