stockrowNorthern 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 invested capital
Northern Oil and Gas, Inc.'s return on invested capital over the twelve months to 30 June 2026 was −6.22%, down 9.8 percentage points from fiscal 2025 (3.54%). Over the past ten years it has ranged from −110.3% (fiscal 2015) to 23.9% (fiscal 2022); the current reading is higher than 45% of that period. That is below the Oil & Gas E&P industry median of 6.33% and below the Energy sector median of 5.43%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 3.54% | (7.76) |
| FY2024 | 11.3% | (7.16) |
| FY2023 | 18.5% | (5.42) |
| FY2022 | 23.9% | 19.04 |
| FY2021 | 4.84% | 83.45 |
| FY2020 | −78.6% | (80.71) |
| FY2019 | 2.10% | (21.58) |
| FY2018 | 23.7% | 13.89 |
| FY2017 | 9.79% | 52.10 |
| FY2016 | −42.3% | 67.99 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| GPOR Gulfport Energy Corporation compare | 14.9% |
| BSM Black Stone Minerals, L.P. compare | 12.6% |
| BKV BKV Corporation compare | 8.14% |
| KRP Kimbell Royalty compare | 6.79% |
| VET Vermilion Energy Inc. compare | 5.93% |
| CRK Comstock Resources, Inc. compare | 5.74% |
| MNR Mach Natural Resources LP compare | 5.30% |
| TALO Talos Energy Inc. compare | −0.18% |
| NOG Northern Oil and Gas, Inc. | −6.22% |
| Oil & Gas E&P industry median | 6.33% |
| Energy sector median | 5.43% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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 equity
- Return on assets
- 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