Northern OIL & GAS, Inc. dividend history

Northern OIL & GAS, Inc. paid $173m in dividends in fiscal 2025. That was 447.4% of net income.

Dividends, buybacks and capital spending

FY2026 Q2 TTM

Buybacks (TTM): $57.1M
Dividends (TTM): $179M
Returned to shareholders: 15%; of free cash flow
Buybacks, last 3 fiscal years: $160M
Diluted share count: +0.9%; year over year
Total shareholder yield: 8.6%; dividends 6.5% + buybacks 2.1% of market value
Days sales outstanding: 72 days; receivables vs revenue

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Northern OIL & GAS, Inc.: dividends by fiscal year, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Dividends paid	—	—	—	—	—	—	—	—	—	—	0	0	5	52	124	162	173	179
Share buybacks	0	0	1	2	26	16	0	0	0	22	15	0	0	55	8	94	57	57
Dividends ÷ net income	—	—	—	—	—	—	—	—	—	—	—	—	77.6%	6.7%	13.4%	31.1%	447.4%	—
Dividends ÷ free cash flow	—	—	—	—	—	—	—	—	—	—	0.0%	0.0%	—	5.6%	10.5%	11.5%	11.5%	—

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Recent dividend announcements

August 4, 2026 NOG Declares Quarterly Cash Dividend Source

Compare with peers

Head to head: CRK vs NOG KOS vs NOG

More: Oil & Gas Exploration & Production stocks compared, Energy sector, rankings of US companies

Figures from Northern OIL & GAS, Inc.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Northern OIL & GAS, Inc.