NORTHERN OIL & GAS, INC. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that NORTHERN OIL & GAS, INC. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.48B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $2.23B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $2.17B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $1.57B | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | $496.90M | Feb 23, 2024 |
| FY2022 | Dec 31, 2020 | $552.21M | Feb 24, 2023 |
| FY2019 | Dec 31, 2019 | $59.01M | Mar 12, 2020 |
| FY2019 | Sep 30, 2019 | $233.88M | Mar 12, 2020 |
| FY2019 | Jun 30, 2019 | $186.44M | Mar 12, 2020 |
| FY2019 | Mar 31, 2019 | ($6.93M) | Mar 12, 2020 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $1.99B | Feb 24, 2023 |
| FY2022 | Dec 31, 2021 | $975.09M | Feb 24, 2023 |
| FY2022 | Dec 31, 2020 | $324.07M | Feb 24, 2023 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $38.76M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $520.31M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $922.97M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $773.24M | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | $6.36M | Feb 23, 2024 |
| FY2022 | Dec 31, 2020 | ($906.04M) | Feb 24, 2023 |
| FY2019 | Dec 31, 2019 | ($107.94M) | Mar 12, 2020 |
| FY2019 | Sep 30, 2019 | $94.38M | Mar 12, 2020 |
| FY2019 | Jun 30, 2019 | $44.40M | Mar 12, 2020 |
| FY2019 | Mar 31, 2019 | ($107.16M) | Mar 12, 2020 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $245.85M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $837.83M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $1.12B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $853.19M | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | $77.96M | Feb 23, 2024 |
| FY2022 | Dec 31, 2020 | ($841.24M) | Feb 24, 2023 |
| FY2019 | Dec 31, 2019 | ($62.53M) | Mar 12, 2020 |
| FY2019 | Sep 30, 2019 | $121.10M | Mar 12, 2020 |
| FY2019 | Jun 30, 2019 | $92.24M | Mar 12, 2020 |
| FY2019 | Mar 31, 2019 | ($95.31M) | Mar 12, 2020 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.51B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $1.41B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $1.18B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $928.42M | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | $396.47M | Feb 23, 2024 |
| FY2022 | Dec 31, 2020 | $331.69M | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $339.75M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $244.26M | Mar 12, 2021 |
| FY2019 | Dec 31, 2017 | $72.97M | Mar 12, 2020 |
| FY2013 | Dec 31, 2013 | $222.77M | Mar 3, 2014 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2018 | Dec 31, 2018 | $86.8K | Mar 18, 2019 |
| FY2018 | Dec 31, 2017 | $4.0K | Mar 18, 2019 |
| FY2018 | Dec 31, 2016 | $214.7K | Mar 18, 2019 |
| FY2017 | Dec 31, 2015 | $90.8K | Feb 23, 2018 |
| FY2016 | Dec 31, 2014 | $169.0K | Mar 2, 2017 |
| FY2015 | Dec 31, 2013 | $389.3K | Mar 3, 2016 |
| FY2014 | Dec 31, 2012 | $256.4K | Feb 27, 2015 |
| FY2013 | Dec 31, 2011 | $450.8K | Mar 3, 2014 |
| FY2012 | Dec 31, 2010 | $2.04M | Mar 1, 2013 |
| FY2011 | Dec 31, 2009 | $31.3K | Mar 2, 2012 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.41B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $5.60B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $4.48B | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $2.88B | Feb 23, 2024 |
| FY2022 | Dec 31, 2021 | $1.52B | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $872.09M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $1.91B | Mar 12, 2021 |
| FY2019 | Dec 31, 2018 | $1.50B | Mar 12, 2020 |
| FY2018 | Dec 31, 2017 | $632.25M | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | $431.53M | Feb 23, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.28B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $3.28B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $2.44B | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $2.13B | Feb 23, 2024 |
| FY2022 | Dec 31, 2021 | $1.31B | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $1.10B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $1.35B | Mar 12, 2021 |
| FY2019 | Dec 31, 2018 | $1.07B | Mar 12, 2020 |
| FY2018 | Dec 31, 2017 | $1.12B | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | $918.95M | Feb 23, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.13B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $2.32B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $2.05B | Feb 26, 2026 |
| FY2025 | Dec 31, 2022 | $745.26M | Feb 26, 2026 |
| FY2024 | Dec 31, 2021 | $215.14M | Feb 20, 2025 |
| FY2021 | Dec 31, 2020 | ($223.30M) | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $558.64M | Mar 12, 2021 |
| FY2019 | Dec 31, 2018 | $429.87M | Mar 12, 2020 |
| FY2018 | Dec 31, 2017 | ($490.84M) | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | ($487.42M) | Feb 23, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $481.28M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $442.52M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | ($77.79M) | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | ($1.00B) | Feb 23, 2024 |
| FY2022 | Dec 31, 2021 | ($1.77B) | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | ($1.78B) | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | ($873.20M) | Mar 12, 2021 |
| FY2019 | Dec 31, 2018 | ($796.88M) | Mar 12, 2020 |
| FY2018 | Dec 31, 2017 | ($940.57M) | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | ($931.38M) | Feb 23, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $14.30M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $8.93M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $8.20M | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $2.53M | Feb 23, 2024 |
| FY2022 | Dec 31, 2021 | $9.52M | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $1.43M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $16.07M | Mar 12, 2021 |
| FY2019 | Dec 31, 2018 | $2.36M | Mar 12, 2020 |
| FY2018 | Dec 31, 2017 | $102.18M | Mar 18, 2019 |
| FY2018 | Dec 31, 2016 | $6.49M | Mar 18, 2019 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.40B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $2.37B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $1.84B | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | $1.53B | Feb 23, 2024 |
| FY2022 | Dec 31, 2021 | $803.44M | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $944.84M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $1.12B | Mar 12, 2021 |
| FY2019 | Dec 31, 2018 | $830.20M | Mar 12, 2020 |
| FY2018 | Dec 31, 2017 | $979.32M | Mar 18, 2019 |
| FY2017 | Dec 31, 2016 | $832.63M | Feb 23, 2018 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 5 | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | 10 | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | 9 | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Feb 23, 2024 |
| FY2022 | Dec 31, 2020 | (21) | Feb 24, 2023 |
| FY2019 | Dec 31, 2019 | 0 | Mar 12, 2020 |
| FY2019 | Sep 30, 2019 | 0 | Mar 12, 2020 |
| FY2019 | Jun 30, 2019 | 0 | Mar 12, 2020 |
| FY2019 | Mar 31, 2019 | 0 | Mar 12, 2020 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 5 | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | 10 | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | 8 | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Feb 23, 2024 |
| FY2022 | Dec 31, 2020 | (21) | Feb 24, 2023 |
| FY2019 | Dec 31, 2019 | 0 | Mar 12, 2020 |
| FY2019 | Sep 30, 2019 | 0 | Mar 12, 2020 |
| FY2019 | Jun 30, 2019 | 0 | Mar 12, 2020 |
| FY2019 | Mar 31, 2019 | 0 | Mar 12, 2020 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 97.27M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 99.11M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | 100.76M | Feb 20, 2025 |
| FY2023 | Dec 31, 2022 | 85.17M | Feb 23, 2024 |
| FY2022 | Dec 31, 2021 | 77.34M | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | 45.91M | Feb 25, 2022 |
| FY2020 | Sep 18, 2020 | 44.66M | Mar 12, 2021 |
| FY2020 | Dec 31, 2019 | 40.61M | Mar 12, 2021 |
| FY2019 | Dec 31, 2018 | 378.33M | Mar 12, 2020 |
| FY2018 | Dec 31, 2017 | 66.79M | Mar 18, 2019 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $173.40M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $161.97M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $123.95M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $51.60M | Feb 20, 2025 |
| FY2023 | Dec 31, 2021 | $4.94M | Feb 23, 2024 |
| FY2022 | Dec 31, 2020 | $0 | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $0 | Feb 25, 2022 |