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

22.83 0.69 +3.12%
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) Shares outstanding

Alert me on Shares outstanding

Northern Oil and Gas, Inc.'s shares outstanding at the end of fiscal 2025 was $99.3M, unchanged from fiscal 2024. At the end of the quarter to 30 June 2026 it was $108.1M. Over the past ten years it has ranged from $6.1M (fiscal 2015) to $101.3M (fiscal 2024); the current reading is higher than 91% of that period. Northern Oil and Gas, Inc. ranks 33rd of 72 Oil & Gas E&P companies by shares outstanding.

Shares outstanding, annual

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Annual newest first

Period Shares outstanding Change
FY2025 $99.3M (1.93%)
FY2024 $101.3M 10.00%
FY2023 $92.1M 6.21%
FY2022 $86.7M 37.60%
FY2021 $63.0M 47.36%
FY2020 $42.7M 10.43%
FY2019 $38.7M 63.48%
FY2018 $23.7M 279.38%
FY2017 $6.2M 2.02%
FY2016 $6.1M 0.86%

Quarterly newest first

Period Shares outstanding Change
Jun 2026 $108.1M 9.73%
Mar 2026 $98.5M (0.82%)
Dec 2025 $99.3M 2.25%
Sep 2025 $97.1M (2.28%)
42 more quarters

Against its own ten years

Low $6.1M High $101.3M
Ten-year median $42.7M
Current reading's percentile 91

Shares outstanding against peers

What Shares outstanding is

Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.

Reported line item

The full definition of Shares outstanding →

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