Northern OIL & GAS vs Talos Energy
Northern OIL & GAS is the larger business, with $2.48bn of revenue in fiscal 2025 against $1.78bn for Talos Energy (1.4 times as much). Northern OIL & GAS grew faster (11.2% against -9.8%). Northern OIL & GAS kept more of each dollar of sales as profit: a net margin of 1.6% against -27.8%. Talos Energy carries less debt relative to equity (57.7% against 114.0%).
| Latest fiscal year | Northern OIL & GASNOG, 2025 | Talos EnergyTALO, 2025 |
|---|---|---|
| Revenue | $2.48bn | $1.78bn |
| Revenue growth | 11.2% | -9.8% |
| Net income | $38.8m | −$494m |
| Operating margin | 9.9% | -31.5% |
| Net margin | 1.6% | -27.8% |
| Return on equity | 1.7% | -20.1% |
| Free cash flow | $1.50bn | — |
| Cash | $14.3m | $363m |
| Total debt | $2.42bn | $1.25bn |
| Debt to equity | 114.0% | 57.7% |
| Dividend per share | — | — |
| Dividend yield | 6.5% | — |
| Share buybacks | $57.0m | $119m |
| Employees | 64 | 700 |
| Market value | $2.69bn | $2.73bn |
| Price vs our value range | Below our value range | Above our value range |
| Moat score | 55 (Moderate) | 26 (Weak) |
| Insider trades, 12 months | 3 buys, 0 sales | 0 buys, 22 sales |