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NOG NORTHERN OIL & GAS, INC.

Trailing twelve months to 2026-06-30 · as filed 2026-08-07, not restated
Energy

Scale

Market cap
$2.7bn
Revenue TTM
$1.9bn
Net income TTM
$-486m
Free cash flow
Composite score
Sector rank
#1462

Valuation

P / E
EV / EBITDA
EV / sales
2.8
FCF yield
Earnings yield vs 10-yr
-22.64pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
-25.4%
EBITDA margin
ROE
-24.4%
ROIC
-9.9%
Revenue growth
-25.6%

Insider activity, last 90 days

Net open-market
$0.50m
Buyers
1
Sellers
0

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

Production volumes and average sales prices are derived from accrued accounting data for the relevant period indicated. ______________ (1) The three months ended June 30, 2025 excludes the impact of a legal settlement (See Note 2 to our condensed consolidated financial statements). Oil and Natural Gas Sales In the second quarter of 2026, our oil, natural gas and NGL sales, excluding the effect of settled commodity derivatives, was $670.8 million, compared to $574.4 million in the second quarter of 2025. Excluding the impact of the legal settlement, oil and natural gas sales increased by 36%. …NORTHERN OIL & GAS, INC., 10-Q, period ended 2026-06-30, filed 2026-08-07

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