NYSE:NOG
Northern Oil & Gas, Inc.
Northern Oil & Gas, Inc.'s revenue grew 11.2% in fiscal 2025 to $2.5B while operating margin fell to 9.9%. The diluted share count fell 1.9%.Summary generated from Northern Oil & Gas, Inc.'s SEC filings. Latest annual report filed Feb 26, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$2.5B
Revenue growth+11.2%
Revenue, 5-yr CAGR+35.0%
Gross margin80.9%
Operating margin9.9%
Net margin1.6%
ROIC3.3%
Return on equity1.7%
Debt / equity1.13
Free cash flown/a
FCF marginn/a
Share count change−1.9%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 497 | 1,571 | 2,166 | 2,226 | 2,476 |
| Operating income | 78 | 853 | 1,122 | 838 | 246 |
| Net income | 6 | 773 | 923 | 520 | 39 |
| Free cash flow | n/a | n/a | n/a | n/a | n/a |
Recent filings
- 4Insider transaction report
Oct 5, 2026 - 4Insider transaction report
Oct 5, 2026 - 8-KEntry into a material agreement
Aug 26, 2026 - 8-KOther events
Aug 19, 2026 - 8-KOther events
Aug 19, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 7, 2026 - 8-KResults of operations and financial condition
Aug 6, 2026 - 8-KResults of operations and financial condition
Jul 13, 2026