Northern Oil and Gas (NOG)
Owner of non-operated oil and gas interests across major North American basins.
$23.02
vs last close−0.76 (−3.20%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 514 | 546 | 535 | 564 | 515 | 549 | 580 | 578 | 486 | 451 | 544 | 745 |
| Cost of revenue | 258 | 299 | 331 | 326 | 307 | 364 | 356 | 363 | 346 | 355 | 365 | 393 |
| Gross profit | 255 | 247 | 204 | 238 | 208 | 185 | 225 | 215 | 140 | 96 | 179 | 353 |
| 213 | −237 | 152 | 19 | −226 | 53 | −5 | 39 | 14 | 17 | 23 | 0 | |
| 12 | 10 | 11 | 14 | 10 | 16 | 14 | 16 | 14 | 17 | 23 | 25 | |
| General & administrative | 12 | 10 | 11 | 14 | 10 | 16 | 14 | 16 | 14 | 17 | 23 | 25 |
| Other expenses | 201 | −247 | 141 | 6 | −236 | 37 | −19 | 23 | 0 | 0 | 0 | −25 |
| Operating income | 42 | 484 | 52 | 219 | 434 | 133 | 229 | 176 | 125 | 79 | 156 | 353 |
| −37 | −36 | −38 | −38 | −37 | −45 | −43 | −44 | −294 | −165 | −852 | −42 | |
| Interest expense | 37 | 37 | 38 | 38 | 37 | 45 | 44 | 44 | 43 | 41 | 43 | 41 |
| Other non-operating income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 251 | 124 | 809 | 0 |
| Income before tax | 5 | 448 | 14 | 181 | 397 | 88 | 186 | 132 | −169 | −86 | −696 | 311 |
| Income tax expense | −21 | 59 | 3 | 43 | 99 | 16 | 47 | 32 | −40 | −15 | −173 | 74 |
| Net income from continuing operations | 26 | 389 | 12 | 139 | 298 | 72 | 139 | 100 | −129 | −71 | −523 | 237 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 26 | 389 | 12 | 139 | 298 | 72 | 139 | 100 | −129 | −71 | −523 | 237 |
| EPS, basic | $0.28 | $3.92 | $0.12 | $1.38 | $3.00 | $0.72 | $1.41 | $1.02 | −$1.33 | −$0.70 | −$5.31 | $2.24 |
| EPS, diluted | $0.28 | $3.90 | $0.11 | $1.36 | $2.96 | $0.71 | $1.39 | $1.00 | −$1.33 | −$0.67 | −$5.31 | $2.19 |
| Weighted average shares, basic | 93 | 99 | 100 | 100 | 99 | 100 | 99 | 98 | 97 | 98 | 99 | 106 |
| Weighted average shares, diluted | 94 | 100 | 102 | 102 | 101 | 101 | 100 | 99 | 97 | 99 | 99 | 108 |
| EBITDA | 176 | 635 | 226 | 396 | 620 | 338 | 435 | 382 | 74 | 159 | −456 | 545 |
| Depreciation & amortization | 134 | 151 | 174 | 177 | 186 | 205 | 206 | 206 | 199 | 204 | 197 | 193 |
| EBIT | 42 | 484 | 52 | 219 | 434 | 133 | 230 | 176 | −126 | −45 | −653 | 352 |
