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
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Northern Oil and Gas, Inc. (NOG) Return on equity
Northern Oil and Gas, Inc.'s return on equity over the twelve months to 30 June 2026 was −22.1%, down 23.8 percentage points from fiscal 2025 (1.74%). Over the past ten years it has ranged from −549.5% (fiscal 2020) to 205.5% (fiscal 2021); the current reading is higher than 45% of that period. That is below the Oil & Gas E&P industry median of 8.99% and below the Energy sector median of 7.54%.
Return on equity, annual
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Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 1.74% | (22.08) |
| FY2024 | 23.8% | (42.27) |
| FY2023 | 66.1% | (85.45) |
| FY2022 | 151.5% | (53.99) |
| FY2021 | 205.5% | 755.01 |
| FY2020 | −549.5% | (533.83) |
| FY2019 | −15.7% | 455.65 |
| FY2018 | −471.3% | (473.18) |
| FY2017 | 1.88% | (83.81) |
| FY2016 | 85.7% | 425.97 |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| BSM Black Stone Minerals, L.P. compare | 26.6% |
| GPOR Gulfport Energy Corporation compare | 25.9% |
| CRK Comstock Resources, Inc. compare | 14.4% |
| BKV BKV Corporation compare | 13.5% |
| KRP Kimbell Royalty compare | 10.5% |
| MNR Mach Natural Resources LP compare | 0.00% |
| TALO Talos Energy Inc. compare | −18.1% |
| VET Vermilion Energy Inc. compare | −18.2% |
| NOG Northern Oil and Gas, Inc. | −22.1% |
| Oil & Gas E&P industry median | 8.99% |
| Energy sector median | 7.54% |
| Market median | 0.51% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on NOG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- 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 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