# Northern Oil & Gas, Inc.: financial statements, quarterly

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)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/nog/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | 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 | [314](/filings/0001104485-24-000214.md) | [794 d](/filings/0001104485-26-000008.md) | [396](/filings/0001104485-25-000100.md) | [561](/filings/0001104485-25-000143.md) | [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) |
| Cost of revenue | $m | [82.5](/filings/0001104485-24-000214.md) | [102 d](/filings/0001104485-26-000008.md) | [105](/filings/0001104485-25-000100.md) | [101](/filings/0001104485-25-000143.md) | [107](/filings/0001104485-25-000159.md) | [117 d](/filings/0001104485-26-000008.md) | [114](/filings/0001104485-26-000020.md) | [121](/filings/0001104485-26-000032.md) | [118](/filings/0001104485-25-000159.md) | [120 d](/filings/0001104485-26-000008.md) | [130](/filings/0001104485-26-000020.md) | [127](/filings/0001104485-26-000032.md) |
| Operating income | $m | [42.4](/filings/0001104485-24-000214.md) | [484 d](/filings/0001104485-26-000008.md) | [52.3](/filings/0001104485-25-000100.md) | [219](/filings/0001104485-25-000143.md) | [434](/filings/0001104485-25-000159.md) | [133 d](/filings/0001104485-26-000008.md) | [229](/filings/0001104485-26-000020.md) | [176](/filings/0001104485-26-000032.md) | [(126)](/filings/0001104485-25-000159.md) | [(33.8) d](/filings/0001104485-26-000008.md) | [(655)](/filings/0001104485-26-000020.md) | [353](/filings/0001104485-26-000032.md) |
| Interest expense | $m | [37.0](/filings/0001104485-23-000188.md) | [36.5 d](/filings/0001104485-24-000045.md) | [37.9](/filings/0001104485-24-000114.md) | [37.7](/filings/0001104485-25-000143.md) | [36.8](/filings/0001104485-25-000159.md) | [45.3 d](/filings/0001104485-26-000008.md) | [43.4](/filings/0001104485-26-000020.md) | [44.4](/filings/0001104485-26-000032.md) | [43.0](/filings/0001104485-25-000159.md) | [41.1 d](/filings/0001104485-26-000008.md) | [42.6](/filings/0001104485-26-000020.md) | [41.4](/filings/0001104485-26-000032.md) |
| Income tax | $m | [(20.7)](/filings/0001104485-24-000214.md) | [58.8 d](/filings/0001104485-26-000008.md) | [2.8](/filings/0001104485-25-000100.md) | [42.7](/filings/0001104485-25-000143.md) | [98.8](/filings/0001104485-25-000159.md) | [16.1 d](/filings/0001104485-26-000008.md) | [46.8](/filings/0001104485-26-000020.md) | [32.2](/filings/0001104485-26-000032.md) | [(39.7)](/filings/0001104485-25-000159.md) | [(15.3) d](/filings/0001104485-26-000008.md) | [(173)](/filings/0001104485-26-000020.md) | [74.0](/filings/0001104485-26-000032.md) |
| Net income | $m | [26.1](/filings/0001104485-24-000214.md) | [389 d](/filings/0001104485-26-000008.md) | [11.6](/filings/0001104485-25-000159.md) | [139](/filings/0001104485-25-000159.md) | [298](/filings/0001104485-25-000159.md) | [71.7 d](/filings/0001104485-26-000008.md) | [139](/filings/0001104485-26-000032.md) | [99.6](/filings/0001104485-26-000032.md) | [(129)](/filings/0001104485-25-000159.md) | [(70.7) d](/filings/0001104485-26-000008.md) | [(523)](/filings/0001104485-26-000032.md) | [237](/filings/0001104485-26-000032.md) |
| Diluted EPS | $ per share | [0.28](/filings/0001104485-24-000214.md) | not reported | [0.11](/filings/0001104485-25-000100.md) | [1.36](/filings/0001104485-25-000143.md) | [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) |
| Basic EPS | $ per share | [0.28](/filings/0001104485-24-000214.md) | not reported | [0.12](/filings/0001104485-25-000100.md) | [1.38](/filings/0001104485-25-000143.md) | [3.00](/filings/0001104485-25-000159.md) | not reported | [1.41](/filings/0001104485-26-000020.md) | [1.02](/filings/0001104485-26-000032.md) | [(1.33)](/filings/0001104485-25-000159.md) | not reported | [(5.31)](/filings/0001104485-26-000020.md) | [2.24](/filings/0001104485-26-000032.md) |

- Revenue: us-gaap:Revenues
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense, us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [13.0](/filings/0001104485-23-000188.md) | [8.2](/filings/0001104485-25-000039.md) | [32.5](/filings/0001104485-24-000114.md) | [7.8](/filings/0001104485-24-000147.md) | [34.4](/filings/0001104485-24-000214.md) | [8.9](/filings/0001104485-26-000008.md) | [33.6](/filings/0001104485-25-000100.md) | [25.9](/filings/0001104485-25-000143.md) | [31.6](/filings/0001104485-25-000159.md) | [14.3](/filings/0001104485-26-000032.md) | [37.0](/filings/0001104485-26-000020.md) | [47.6](/filings/0001104485-26-000032.md) |
| Current assets | $m | [470](/filings/0001104485-23-000188.md) | [509](/filings/0001104485-25-000039.md) | [413](/filings/0001104485-24-000114.md) | [414](/filings/0001104485-24-000147.md) | [519](/filings/0001104485-24-000214.md) | [501](/filings/0001104485-26-000008.md) | [522](/filings/0001104485-25-000100.md) | [588](/filings/0001104485-25-000143.md) | [542](/filings/0001104485-25-000159.md) | [586](/filings/0001104485-26-000032.md) | [473](/filings/0001104485-26-000020.md) | [502](/filings/0001104485-26-000032.md) |
| Total assets | $m | [4,305](/filings/0001104485-23-000188.md) | [4,484](/filings/0001104485-25-000039.md) | [4,634](/filings/0001104485-24-000114.md) | [4,725](/filings/0001104485-24-000147.md) | [5,055](/filings/0001104485-24-000214.md) | [5,604](/filings/0001104485-26-000008.md) | [5,675](/filings/0001104485-25-000100.md) | [5,702](/filings/0001104485-25-000143.md) | [5,494](/filings/0001104485-25-000159.md) | [5,409](/filings/0001104485-26-000032.md) | [5,515](/filings/0001104485-26-000020.md) | [5,828](/filings/0001104485-26-000032.md) |
| Current liabilities | $m | [602](/filings/0001104485-23-000188.md) | [386](/filings/0001104485-25-000039.md) | [428](/filings/0001104485-24-000114.md) | [466](/filings/0001104485-24-000147.md) | [420](/filings/0001104485-24-000214.md) | [544](/filings/0001104485-26-000008.md) | [564](/filings/0001104485-25-000100.md) | [488](/filings/0001104485-25-000143.md) | [495](/filings/0001104485-25-000159.md) | [539](/filings/0001104485-26-000032.md) | [899](/filings/0001104485-26-000020.md) | [630](/filings/0001104485-26-000032.md) |
| Total liabilities | $m | [2,897](/filings/0001104485-23-000188.md) | [2,437](/filings/0001104485-25-000039.md) | [2,632](/filings/0001104485-24-000114.md) | [2,656](/filings/0001104485-24-000147.md) | [2,742](/filings/0001104485-24-000214.md) | [3,283](/filings/0001104485-26-000008.md) | [3,273](/filings/0001104485-25-000100.md) | [3,289](/filings/0001104485-25-000143.md) | [3,250](/filings/0001104485-25-000159.md) | [3,283](/filings/0001104485-26-000032.md) | [3,730](/filings/0001104485-26-000020.md) | [3,833](/filings/0001104485-26-000032.md) |
| Long-term debt | $m | [2,057](/filings/0001104485-23-000188.md) | [1,836](/filings/0001104485-25-000039.md) | [1,939](/filings/0001104485-24-000114.md) | [1,875](/filings/0001104485-24-000147.md) | [1,953](/filings/0001104485-24-000214.md) | [2,369](/filings/0001104485-26-000008.md) | [2,311](/filings/0001104485-25-000100.md) | [2,366](/filings/0001104485-25-000143.md) | [2,346](/filings/0001104485-25-000159.md) | [2,395](/filings/0001104485-26-000032.md) | [2,552](/filings/0001104485-26-000020.md) | [2,725](/filings/0001104485-26-000032.md) |
| Current portion of debt | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Shareholders' equity | $m | [1,408](/filings/0001104485-24-000214.md) | [2,048](/filings/0001104485-26-000008.md) | [2,002](/filings/0001104485-25-000159.md) | [2,068](/filings/0001104485-25-000159.md) | [2,314](/filings/0001104485-25-000159.md) | [2,320](/filings/0001104485-26-000032.md) | [2,402](/filings/0001104485-26-000032.md) | [2,413](/filings/0001104485-26-000032.md) | [2,244](/filings/0001104485-25-000159.md) | [2,126](/filings/0001104485-26-000032.md) | [1,784](/filings/0001104485-26-000032.md) | [1,995](/filings/0001104485-26-000032.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebt
- Current portion of debt: not reported
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | 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) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [264 d](/filings/0001104485-24-000214.md) | [342 d](/filings/0001104485-26-000008.md) | [392](/filings/0001104485-25-000100.md) | [340 d](/filings/0001104485-25-000143.md) | [386 d](/filings/0001104485-25-000159.md) | [290 d](/filings/0001104485-26-000008.md) | [407](/filings/0001104485-26-000020.md) | [362](/filings/0001104485-26-000032.md) | [423 d](/filings/0001104485-25-000159.md) | [313 d](/filings/0001104485-26-000008.md) | [324](/filings/0001104485-26-000020.md) | [322](/filings/0001104485-26-000032.md) |
| Capital expenditure | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Dividends paid | $m | [34.3 d](/filings/0001104485-24-000214.md) | [35.3 d](/filings/0001104485-26-000008.md) | [40.1](/filings/0001104485-25-000100.md) | [40.2 d](/filings/0001104485-25-000143.md) | [39.9 d](/filings/0001104485-25-000159.md) | [41.8 d](/filings/0001104485-26-000008.md) | [41.7](/filings/0001104485-26-000020.md) | [44.3](/filings/0001104485-26-000032.md) | [43.7 d](/filings/0001104485-25-000159.md) | [43.7 d](/filings/0001104485-26-000008.md) | [44.5](/filings/0001104485-26-000020.md) | [47.4](/filings/0001104485-26-000032.md) |
| Share repurchases | $m | [0.0 d](/filings/0001104485-24-000214.md) | [0.0 d](/filings/0001104485-26-000008.md) | [20.0](/filings/0001104485-25-000100.md) | [34.9 d](/filings/0001104485-25-000143.md) | [14.5 d](/filings/0001104485-25-000159.md) | [25.2 d](/filings/0001104485-26-000008.md) | [15.0](/filings/0001104485-26-000020.md) | [35.0](/filings/0001104485-26-000032.md) | [0.0 d](/filings/0001104485-25-000159.md) | [7.0 d](/filings/0001104485-26-000008.md) | [0.0](/filings/0001104485-26-000020.md) | [50.0](/filings/0001104485-26-000032.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: not reported
- Dividends paid: us-gaap:PaymentsOfDividendsCommonStock
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [86.1](/filings/0001104485-23-000188.md) | [85.4](/filings/0001104485-24-000114.md) | [89.1](/filings/0001104485-24-000147.md) | [93.7](/filings/0001104485-24-000214.md) | [102](/filings/0001104485-25-000100.md) | [102](/filings/0001104485-25-000143.md) | [101](/filings/0001104485-25-000159.md) | [100.0](/filings/0001104485-26-000020.md) | [99.4](/filings/0001104485-26-000032.md) | [97.1](/filings/0001104485-25-000159.md) | [98.5](/filings/0001104485-26-000020.md) | [108](/filings/0001104485-26-000032.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 106,549,128 at 2026-08-03, from the cover of the [10-Q filed 2026-08-07](/filings/0001104485-26-000032.md) (dei:EntityCommonStockSharesOutstanding).

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