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

23.00 0.86 +3.88%
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) Return on assets

Alert me on Return on assets

Northern Oil and Gas, Inc.'s return on assets over the twelve months to 30 June 2026 was −8.43%, down 9.1 percentage points from fiscal 2025 (0.70%). Over the past ten years it has ranged from −71.0% (fiscal 2015) to 33.1% (fiscal 2022); the current reading is higher than 64% of that period. That is below the Oil & Gas E&P industry median of 4.63% and below the Energy sector median of 3.35%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 0.70% (9.62)
FY2024 10.3% (14.76)
FY2023 25.1% (8.01)
FY2022 33.1% 33.79
FY2021 −0.70% 65.64
FY2020 −66.3% (61.80)
FY2019 −4.54% (17.99)
FY2018 13.5% 15.18
FY2017 −1.73% 49.18
FY2016 −50.9% 20.07

Against its own ten years

Low −71.0% High 33.1%
Ten-year median −0.70%
Current reading's percentile 64

Return on assets against peers

Company Return on assets
BSM Black Stone Minerals, L.P. compare 16.2%
GPOR Gulfport Energy Corporation compare 15.3%
BKV BKV Corporation compare 8.15%
CRK Comstock Resources, Inc. compare 5.71%
KRP Kimbell Royalty compare 5.35%
MNR Mach Natural Resources LP compare 3.91%
TALO Talos Energy Inc. compare −6.85%
VET Vermilion Energy Inc. compare −7.23%
NOG Northern Oil and Gas, Inc. −8.43%
Oil & Gas E&P industry median 4.63%
Energy sector median 3.35%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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