Northern Oil and Gas, Inc. (NOG) Earnings History
Annual and quarterly earnings data from 2000 to 2025
Loading earnings history...
NOG EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
NOG Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 32.2% | 29.3% | 1.9% |
| 2024 | 38.6% | 38.7% | 24.0% |
| 2023 | 47.9% | 58.8% | 48.4% |
| 2022 | 66.3% | 43.0% | 38.9% |
| 2021 | 60.1% | 8.0% | 0.7% |
Download Data
Export NOG earnings history in CSV or JSON format
Free sign-in required to download data
Northern Oil and Gas, Inc. (NOG) Earnings Overview
As of May 8, 2026, Northern Oil and Gas, Inc. (NOG) reported trailing twelve-month net income of -$623M, reflecting -92.4% year-over-year growth. The company earned $-6.33 per diluted share over the past four quarters, with a net profit margin of 1.9%.
Looking at the long-term picture, NOG's historical earnings data spans multiple years. The company achieved its highest annual net income of $923M in fiscal 2023.
Northern Oil and Gas, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including VTLE (-$1.31B net income, -8.9% margin), CIVI ($638M net income, 16.1% margin), TPVG (-$12M net income, 50.6% margin), NOG has outperformed on profitability metrics. Compare NOG vs VTLE →
NOG Earnings vs Peers
Earnings metrics vs comparable public companies
NOG Historical Earnings Data (2000–2025)
26 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $39M | -92.6% | $614M | $0.39 | 1.9% | 29.3% |
| 2024 | $520M | -43.6% | $838M | $5.14 | 24.0% | 38.7% |
| 2023 | $923M | +19.4% | $1.12B | $10.03 | 48.4% | 58.8% |
| 2022 | $773M | +12055.9% | $853M | $8.40 | 38.9% | 43.0% |
| 2021 | $6M | +100.7% | $78M | $-0.13 | 0.7% | 8.0% |
| 2020 | -$906M | -1087.2% | -$841M | $-21.55 | -279.6% | -259.6% |
| 2019 | -$76M | -153.1% | $56M | $-2.00 | -12.7% | 9.2% |
| 2018 | $144M | +1662.9% | $433M | $6.07 | 29.1% | 87.6% |
| 2017 | -$9M | +96.9% | $60M | $-1.50 | -4.1% | 27.0% |
| 2016 | -$293M | +69.9% | -$229M | $-48.00 | -183.8% | -143.6% |
See NOG's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs NOG Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare NOG vs SOC
Side-by-side business, growth, and profitability comparison vs Sable Offshore Corp..
Start ComparisonNOG — Frequently Asked Questions
Quick answers to the most common questions about buying NOG stock.
Is NOG growing earnings?
NOG EPS fell to $-6.33, with earnings declining -92.4%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $-623M.
What are NOG's profit margins?
Northern Oil and Gas, Inc. net margin is +1.9%, with operating margin at +29.3%. Below-average margins reflect competitive or cost pressures.
How consistent are NOG's earnings?
NOG earnings data spans 2000-2025. The declining earnings trend is -92.4% YoY. Historical data enables comparison across business cycles.