Northern Oil and Gas, Inc. (NOG) quarterly balance sheet — complete assets, liabilities & equity history
Northern Oil and Gas, Inc. (NOG) balance sheet — 26-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 502.17M | 502.1M | 472.9M | 586.03M | 542.48M | 588.36M | 521.61M | 500.74M | 518.92M | 413.67M | 412.8M | 509.41M | 469.63M | 385.75M | 395.94M | 320.49M | 376.69M | 382.8M | 323.46M | 215.33M |
| Cash & Short-Term Investments | 26.42M | 47.6M | 37.04M | 14.3M | 31.65M | 25.86M | 33.58M | 8.93M | 34.36M | 7.78M | 32.47M | 8.2M | 12.95M | 14.8M | 6.07M | 2.53M | 9.13M | 1.47M | 3.33M | 9.52M |
| Cash Only | 26.42M | 47.6M | 37.04M | 14.3M | 31.65M | 25.86M | 33.58M | 8.93M | 34.36M | 7.78M | 32.47M | 8.2M | 12.95M | 14.8M | 6.07M | 2.53M | 9.13M | 1.47M | 3.33M | 9.52M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 432.63M | 395.62M | 409.17M | 367.99M | 350.6M | 422.06M | 419.47M | 427.72M | 353.51M | 361.98M | 334.26M | 373.78M | 363.52M | 265.54M | 274.4M | 271.67M | 318.14M | 360.86M | 297.75M | 193.55M |
| Days Sales Outstanding | 110.14 | 49.14 | 64.28 | 73.32 | 73.15 | 66.25 | 65.69 | 65.43 | 63.85 | 56.15 | 60.23 | 62.1 | 56.35 | 58.66 | 57.34 | 60.88 | 58.48 | 54.52 | 48.44 | 48.66 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 13.96M | 58.88M | 26.69M | 173.74M | 135.99M | 115.8M | 57.98M | 51.8M | 112.91M | 22.22M | 39.28M | 78.22M | 67.73M | 71.16M | 74.48M | 37.31M | 47.13M | 17.48M | 3.83M | 5.94M |
| Total Non-Current Assets | 5.36B | 5.33B | 5.04B | 4.82B | 4.95B | 5.11B | 5.15B | 5.1B | 4.54B | 4.31B | 4.22B | 3.97B | 3.84B | 3.28B | 2.95B | 2.55B | 2.09B | 1.81B | 1.7B | 1.31B |
| Property, Plant & Equipment | 5.35B | 2.44M | 2.85M | 3.2M | 4.94B | 5.09B | 5.14B | 5.08B | 4.48B | 4.27B | 4.21B | 3.93B | 3.79B | 3.22B | 2.92B | 2.48B | 2.02B | 1.77B | 1.69B | 1.25B |
| Fixed Asset Turnover | 0.13x | 282.13x | 180.13x | 0.18x | 0.10x | 0.11x | 0.11x | 0.11x | 0.12x | 0.13x | 0.13x | 0.14x | 0.15x | 0.14x | 0.16x | 0.20x | 0.28x | 0.32x | 0.31x | 0.29x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 9.73M | 4.65M | 3.04M | 1.01M | 1.31M | 0 | 0 | 14.73M | 4.11M | 0 | 13.13M | 0 | 0 | 0 | 15.75M | 35.29M | 4.63M | 0 | 0 |
| Other Non-Current Assets | 14.73M | 5.31B | 5.03B | 4.82B | 11.41M | 19.68M | 15.41M | 20.91M | 41.66M | 40.61M | 15.51M | 30.16M | 46.4M | 62.02M | 30.98M | 56.02M | 44.43M | 33.55M | 11.47M | 54.2M |
| Total Assets | 5.86B | 5.83B | 5.51B | 5.41B | 5.49B | 5.7B | 5.67B | 5.6B | 5.06B | 4.72B | 4.63B | 4.48B | 4.3B | 3.66B | 3.34B | 2.88B | 2.47B | 2.19B | 2.02B | 1.52B |
| Asset Turnover | 0.06x | 0.13x | 0.10x | 0.08x | 0.09x | 0.10x | 0.10x | 0.10x | 0.11x | 0.12x | 0.12x | 0.12x | 0.13x | 0.12x | 0.14x | 0.17x | 0.23x | 0.26x | 0.26x | 0.24x |
| Asset Growth % | 6.73% | 2.2% | -2.82% | -3.47% | 8.68% | 20.7% | 22.46% | 24.97% | 17.44% | 28.92% | 38.62% | 55.96% | 74.17% | 67.17% | 65.12% | 88.8% | 98.66% | 100.79% | 131.83% | 74.62% |
| Total Current Liabilities | 857.83M | 630.49M | 899.38M | 539.29M | 495.34M | 488.2M | 564.32M | 544.27M | 420.29M | 465.57M | 428.01M | 385.76M | 602.49M | 378.75M | 345.3M | 344.97M | 381.75M | 635.93M | 625.53M | 327.56M |
| Accounts Payable | 208.42M | 206.28M | 234.92M | 218.62M | 160.26M | 173.91M | 230.92M | 202.87M | 152.46M | 150.15M | 156.23M | 192.67M | 235.13M | 154.02M | 134.26M | 128.58M | 142.68M | 141.37M | 101.7M | 65.46M |
| Days Payables Outstanding | 45.12 | 51.12 | 55.89 | 49.11 | 44.38 | 50.77 | 54.86 | 44.92 | 45.31 | 42.75 | 48.02 | 65.78 | 69.26 | 57.55 | 56.97 | 66.44 | 73.94 | 67.73 | 52.85 | 51.02 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 199.59M | 25.04M | 262.38M | 3.88M | 578K | 4.12M | 33.32M | 24.62M | 2.56M | 72.79M | 82.23M | 18.93M | 178.35M | 17.02M | 33.4M | 70.31M | 118.25M | 345.95M | 380.72M | 136M |
| Current Ratio | 0.59x | 0.80x | 0.53x | 1.09x | 1.10x | 1.21x | 0.92x | 0.92x | 1.23x | 0.89x | 0.96x | 1.32x | 0.78x | 1.02x | 1.15x | 0.93x | 0.99x | 0.60x | 0.52x | 0.66x |
| Quick Ratio | 0.59x | 0.80x | 0.53x | 1.09x | 1.10x | 1.21x | 0.92x | 0.92x | 1.23x | 0.89x | 0.96x | 1.32x | 0.78x | 1.02x | 1.15x | 0.93x | 0.99x | 0.60x | 0.52x | 0.66x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 3.18B | 3.2B | 2.83B | 2.74B | 2.75B | 2.8B | 2.71B | 2.74B | 2.32B | 2.19B | 2.2B | 2.05B | 2.29B | 1.87B | 1.95B | 1.78B | 1.38B | 1.4B | 1.43B | 980.17M |
| Long-Term Debt | 2.62B | 2.72B | 2.55B | 2.4B | 2.35B | 2.37B | 2.31B | 2.37B | 1.95B | 1.87B | 1.94B | 1.84B | 2.06B | 1.67B | 1.76B | 1.53B | 1.17B | 1.1B | 1.12B | 803.44M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 134.4M | 158.29M | 76.42M | 247.65M | 263.25M | 298.75M | 274.68M | 228.04M | 210.74M | 112.87M | 71.25M | 68.49M | 7.29M | 30.53M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 432.15M | 318.94M | 203.11M | 100.7M | 145.32M | 136.59M | 123.03M | 141.78M | 157.7M | 203.01M | 193.83M | 146.78M | 229.73M | 167.12M | 192.55M | 259.53M | 211.41M | 301.44M | 314.74M | 176.74M |
| Total Liabilities | 4.04B | 3.83B | 3.73B | 3.28B | 3.25B | 3.29B | 3.27B | 3.28B | 2.74B | 2.66B | 2.63B | 2.44B | 2.9B | 2.25B | 2.29B | 2.13B | 1.76B | 2.04B | 2.06B | 1.31B |
| Total Debt | 2.62B | 2.72B | 2.55B | 2.4B | 2.35B | 2.37B | 2.31B | 2.37B | 1.95B | 1.87B | 1.94B | 1.84B | 2.06B | 1.67B | 1.76B | 1.53B | 1.17B | 1.1B | 1.12B | 803.44M |
| Net Debt | 2.59B | 2.68B | 2.51B | 2.38B | 2.31B | 2.34B | 2.28B | 2.36B | 1.92B | 1.87B | 1.91B | 1.83B | 2.04B | 1.66B | 1.75B | 1.52B | 1.16B | 1.1B | 1.12B | 793.92M |
| Debt / Equity | 1.43x | 1.37x | 1.43x | 1.13x | 1.05x | 0.98x | 0.96x | 1.02x | 0.84x | 0.91x | 0.97x | 0.90x | 1.46x | 1.18x | 1.68x | 2.05x | 1.65x | 7.22x | - | 3.73x |
| Debt / EBITDA | 19.96x | 5.00x | 7.23x | 8.47x | 7.22x | 6.20x | 5.31x | 7.02x | 3.15x | 4.74x | 8.57x | 2.89x | 11.67x | 4.90x | 3.86x | 6.23x | 1.74x | 3.39x | - | 3.45x |
| Net Debt / EBITDA | 19.76x | 4.91x | 7.13x | 8.42x | 7.13x | 6.13x | 5.23x | 7.00x | 3.10x | 4.72x | 8.42x | 2.88x | 11.60x | 4.86x | 3.85x | 6.22x | 1.73x | 3.39x | - | 3.41x |
| Interest Coverage | -1.87x | 8.49x | -15.34x | -1.09x | -2.93x | 3.97x | 5.24x | 2.94x | 11.78x | 5.81x | 1.38x | 13.26x | 1.15x | 7.47x | 12.31x | 7.09x | 30.04x | 14.70x | -10.45x | 12.00x |
| Total Equity | 1.82B | 2B | 1.78B | 2.13B | 2.24B | 2.41B | 2.4B | 2.32B | 2.31B | 2.07B | 2B | 2.05B | 1.41B | 1.42B | 1.05B | 745.26M | 709.1M | 152.65M | -35.3M | 215.13M |
| Equity Growth % | -18.76% | -17.31% | -25.71% | -8.36% | -2.99% | 16.67% | 19.99% | 13.32% | 64.34% | 46.09% | 91.02% | 174.76% | 98.53% | 827.48% | 3068.86% | 246.42% | 549.62% | 190.75% | 80.46% | 196.34% |
| Book Value per Share | 17.21 | 18.46 | 18.12 | 21.41 | 23.11 | 24.28 | 24.02 | 22.91 | 22.97 | 20.28 | 19.70 | 20.51 | 15.02 | 15.89 | 12.27 | 9.10 | 8.23 | 1.76 | -0.46 | 2.63 |
| Total Shareholders' Equity | 1.82B | 2B | 1.78B | 2.13B | 2.24B | 2.41B | 2.4B | 2.32B | 2.31B | 2.07B | 2B | 2.05B | 1.41B | 1.42B | 1.05B | 745.26M | 709.1M | 152.65M | -35.3M | 215.13M |
| Common Stock | 508K | 509K | 508K | 499K | 500K | 500K | 501K | 501K | 502K | 502K | 503K | 503K | 495K | 495K | 487K | 487K | 481K | 481K | 479K | 479K |
| Retained Earnings | 83.25M | 195.06M | -41.57M | 481.28M | 552.01M | 681.09M | 581.5M | 442.52M | 370.82M | 72.37M | -66.18M | -77.79M | -466.64M | -492.75M | -660.57M | -1B | -1.15B | -1.73B | -1.98B | -1.77B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -3.96M | -3.16M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |