# Northern Oil & Gas, Inc.: overview

NOG · NYSE · CIK 1104485 · [Energy](/sectors/energy.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/nog.md) · [Financials](/companies/nog/financials.md) · [Filings](/companies/nog/filings.md) · [Insiders](/companies/nog/insiders.md)

Latest reported revenue: [$745.2m](/filings/0001104485-26-000032.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 7, 2026 (XBRL us-gaap:Revenues, accession 0001104485-26-000032).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [754](/filings/0001104485-25-000159.md) | [515 d](/filings/0001104485-26-000008.md) | [602](/filings/0001104485-26-000020.md) | [707](/filings/0001104485-26-000032.md) | [557](/filings/0001104485-25-000159.md) | [610 d](/filings/0001104485-26-000008.md) | [5.0](/filings/0001104485-26-000020.md) | [745](/filings/0001104485-26-000032.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [57.6%](/filings/0001104485-25-000159.md) | [25.8% d](/filings/0001104485-26-000008.md) | [38.1%](/filings/0001104485-26-000020.md) | [24.9%](/filings/0001104485-26-000032.md) | [(22.6%)](/filings/0001104485-25-000159.md) | [(5.5%) d](/filings/0001104485-26-000008.md) | [(13022.1%)](/filings/0001104485-26-000020.md) | [47.3%](/filings/0001104485-26-000032.md) |
| Net margin | % | [39.6%](/filings/0001104485-25-000159.md) | [13.9% d](/filings/0001104485-26-000008.md) | [23.1%](/filings/0001104485-26-000032.md) | [14.1%](/filings/0001104485-26-000032.md) | [(23.2%)](/filings/0001104485-25-000159.md) | [(11.6%) d](/filings/0001104485-26-000008.md) | [(10396.6%)](/filings/0001104485-26-000032.md) | [31.8%](/filings/0001104485-26-000032.md) |
| Diluted EPS | $ per share | [2.96](/filings/0001104485-25-000159.md) | not reported | [1.39](/filings/0001104485-26-000020.md) | [1.00](/filings/0001104485-26-000032.md) | [(1.33)](/filings/0001104485-25-000159.md) | not reported | [(5.31)](/filings/0001104485-26-000020.md) | [2.19](/filings/0001104485-26-000032.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [975](/filings/0001104485-23-000041.md) | [1,986](/filings/0001104485-23-000041.md) | [2,166](/filings/0001104485-26-000008.md) | [2,226](/filings/0001104485-26-000008.md) | [2,476](/filings/0001104485-26-000008.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [8.0%](/filings/0001104485-24-000045.md) | [43.0%](/filings/0001104485-25-000039.md) | [51.8%](/filings/0001104485-26-000008.md) | [37.6%](/filings/0001104485-26-000008.md) | [9.9%](/filings/0001104485-26-000008.md) |
| Net margin | % | [0.7%](/filings/0001104485-24-000045.md) | [38.9%](/filings/0001104485-25-000039.md) | [42.6%](/filings/0001104485-26-000008.md) | [23.4%](/filings/0001104485-26-000008.md) | [1.6%](/filings/0001104485-26-000008.md) |
| Diluted EPS | $ per share | [(0.13)](/filings/0001104485-24-000045.md) | [8.92](/filings/0001104485-25-000039.md) | [10.03](/filings/0001104485-26-000008.md) | [5.14](/filings/0001104485-26-000008.md) | [0.39](/filings/0001104485-26-000008.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/nog/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $291.2m | 16,041,709 |  | Added +322,767 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $153.5m | 8,457,296 |  | Added +483,024 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $133.5m | 7,183,786 |  | Added +643,818 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $124.5m | 6,858,909 |  | Added +276,857 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $109.0m | 6,005,719 |  | Added +491,923 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $83.2m | 4,583,855 |  | Added +79,738 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $81.5m | 4,487,842 |  | Added +341,639 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $49.2m | 2,710,135 |  | Added +267,291 |
| [MILLENNIUM MANAGEMENT LLC](/funds/1273087.md) | 2026-06-30 | $41.8m | 2,301,454 |  | Added +1,763,260 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $38.0m | 2,092,574 |  | Reduced −521,856 |

## Recent filings

[All 1,616 filings](/companies/nog/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-13 | 11:42 ET | [8-K](/filings/0001104485-26-000043.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104485-26-000043 |
| 2026-08-26 | 20:05 ET | [8-K](/filings/0001193125-26-368292.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001193125-26-368292 |
| 2026-08-19 | 20:49 ET | [8-K](/filings/0001193125-26-357053.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-357053 |
| 2026-08-19 | 11:43 ET | [8-K](/filings/0001193125-26-356160.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-356160 |
| 2026-08-07 | 20:13 ET | [10-Q](/filings/0001104485-26-000032.md) | Quarterly report, period 2026-06-30 | 0001104485-26-000032 |
| 2026-08-06 | 20:07 ET | [8-K](/filings/0001104485-26-000030.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104485-26-000030 |
| 2026-07-13 | 12:40 ET | [8-K](/filings/0001104485-26-000025.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104485-26-000025 |
| 2026-06-02 | 12:21 ET | [8-K](/filings/0001193125-26-252586.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-252586 |
| 2026-06-01 | 20:19 ET | [8-K](/filings/0001193125-26-251470.md) | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 9.01 Financial statements and exhibits | 0001193125-26-251470 |
| 2026-05-26 | 20:08 ET | [8-K](/filings/0001104485-26-000023.md) | 5.07 Shareholder vote results | 0001104485-26-000023 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001104485-26-000008.md), filed Feb 26, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1104485
- Tickers: NOG
- Exchange: NYSE
- SIC code: 1311 Crude Petroleum & Natural Gas
- State of incorporation: not reported
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:33 ET. No prices; not investment advice.
