Northern Oil and Gas, Inc. (NOG) — Financial statements
Income statement, balance sheet, and cash flow for Northern Oil and Gas, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,095↓3.2% | 2,164↑13.5% | 1,907↓4.0% | 1,986↑103.7% | 975 | |
| Cost of Revenue | 1,420↑6.9% | 1,328↑33.7% | 993↑48.2% | 670↑72.5% | 389 | |
| Gross Profit | 675↓19.2% | 836↓8.5% | 914↓30.5% | 1,316↑124.3% | 586 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 61↑21.5% | 50↑7.8% | 47↓0.8% | 47↑55.6% | 30 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 61↑21.5% | 50↑7.8% | 47↓0.8% | 47↑55.6% | 30 | |
| Other Expenses | 0.00↑100.0% | -52↑79.5% | -255↓161.4% | 415↓13.2% | 478 | |
| Operating Expenses | 61↑3408.1% | -2↑99.1% | -208↓145.0% | 462↓9.1% | 509 | |
| Total Costs & Expenses | 1,481↑11.7% | 1,326↑68.9% | 785↓30.7% | 1,133↑26.2% | 897 | |
| Operating Results | ||||||
| Operating Income | 614↓26.7% | 838↓25.3% | 1,122↑31.5% | 853↑994.4% | 78 | |
| Depreciation & Amortization | 815↑10.0% | 741↑52.4% | 486↑93.4% | 251↑78.4% | 141 | |
| EBITDA | 1,050↓33.5% | 1,579↓2.7% | 1,622↑46.4% | 1,108↑436.7% | 206 | |
| EBIT | 235↓72.0% | 839↓26.2% | 1,136↑32.7% | 857↑1205.6% | 66 | |
| Interest & Other Income | ||||||
| Net Interest Income | -172↓9.3% | -158↓16.3% | -136↓68.9% | -80↓36.1% | -59 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 172↑9.3% | 158↑16.3% | 136↑68.9% | 80↑36.1% | 59 | |
| Non-Operating Income | 379↑53980.9% | -0.70↑95.2% | -15↓318.3% | -3↓128.2% | 12 | |
| Other Income / Expenses | -551↓251.0% | -157↓29.6% | -121↓57.6% | -77↓7.7% | -71 | |
| Income Before Tax | 63↓90.8% | 681↓32.0% | 1,001↑28.9% | 776↑11673.4% | 7 | |
| Income Tax Expense | 24↓85.1% | 161↑106.4% | 78↑2408.0% | 3↑1230.9% | 0.23 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 39↓92.6% | 520↓43.6% | 923↑19.4% | 773↑12055.9% | 6 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 39↓92.6% | 520↓43.6% | 923↑19.4% | 773↑12055.9% | 6 | |
| Bottom-Line Net Income | 39↓92.6% | 520↓43.6% | 923↑26.8% | 728↑8763.1% | -8 | |
| EPS (Basic) | 0.40↓92.3% | 5.21↓48.4% | 10.09↑9.0% | 9.26↑7223.1% | -0.13 | |
| EPS (Diluted) | 0.39↓92.4% | 5.14↓48.8% | 10.03↑19.4% | 8.40↑6561.5% | -0.13 | |
| Weighted Average Shares | 98↓2.1% | 100↑9.1% | 91↑16.5% | 79↑24.7% | 63 | |
| Weighted Average Diluted Shares | 99↓1.9% | 101↑10.0% | 92↑6.2% | 87↑37.6% | 63 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.