NOGNorthern Oil and Gas, Inc.

$24.76+4.0% 1Y

The financials

Northern Oil and Gas, Inc. by the numbers

Northern Oil and Gas, Inc. (NOG) reported revenue of $745M in Q2 2026 (quarter ended Jun 30, 2026), up 5.4% from the same quarter a year earlier. That came with a gross margin of 83% and net income of $237M (32% of revenue). For the full year FY2025, revenue was $2.48B (+11% year on year) and net income $39M. Its largest product in Q2 2026 was Oil Gas And Natural Gas Production at $671M, 86% of the disclosed total, well ahead of Natural Gasand NGL at 14%. The next results filing is expected around Nov 5, 2026, the same week as a year ago.

Northern Oil and Gas, Inc. income statement, Q2 2026 against the same quarter a year earlier
Income statementQ2 2026Q2 2025Change
Revenue$745M$707M+5.4%
Gross profit$618M$585M+5.6%
Operating income$353M$176M+100%
Net income$237M$100M+138%
Diluted EPS$2.19$1.00+119%
Revenue by product, Q2 2026, as reported to the SEC
ProductRevenueShare
Oil Gas And Natural Gas Production$671M86%
Natural Gasand NGL$112M14%

Business segments

Revenue split by product segment, from SEC XBRL filings.

Latest period: Jun 2026Total $782.3M (+22%)
Oil Gas And Natural Gas Production grew +17% year on yearNatural Gas and NGL -35% year on year
  • Oil Gas And Natural Gas Production$670.8Mquarter on quarter +24%year on year +17%
  • Natural Gas and NGL$111.5Mquarter on quarter +11%year on year -35%
Segment sum = 105% of reported consolidated revenue · Latest source: 10-Q filed Aug 7, 2026, SEC EDGAR
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