Northern OIL & GAS, Inc. revenue
Northern OIL & GAS, Inc.'s revenue was $2.48bn in fiscal 2025, up 11.2% on the year before. Since fiscal 2009 ($14.2m) it has grown at a compound 38.1% a year. Over the last twelve months it was $1.92bn.
Revenue history
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14 | 45 | 149 | 312 | 336 | 595 | 275 | 145 | 209 | 679 | 472 | 552 | 497 | 1,571 | 2,166 | 2,226 | 2,476 | 1,917 |
| Growth on the year before | — | +213.3% | +235.3% | +108.6% | +7.8% | +77.2% | −53.8% | −47.3% | +44.5% | +224.3% | −30.4% | +16.9% | −10.0% | +216.1% | +37.9% | +2.7% | +11.2% | — |
| Gross profit | — | — | — | — | — | — | — | 99 | 160 | 612 | 354 | 436 | 326 | 1,310 | 1,819 | 1,796 | 2,002 | 1,422 |
| Gross margin | — | — | — | — | — | — | — | 68.5% | 76.2% | 90.2% | 74.8% | 78.9% | 65.6% | 83.4% | 84.0% | 80.7% | 80.9% | 74.2% |
Where the revenue comes from
| Line of business | Revenue | YoY |
|---|---|---|
| Oil Gas and Natural Gas Production | $2.1B | ▼ 3.3% |
| Oil and Gas | $2.1B | ▼ 3.3% |
| Oil Reserves | $1.6B | ▼ 14.2% |
| Natural Gas and NGL | $454M | ▲ 78.5% |
| Other | $13.8M | ▲ 17.9% |
These categories overlap or exclude eliminations, so shares aren't shown.
From Northern OIL & GAS, Inc.'s 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Northern OIL & GAS, Inc. | $1.92bn | -25.6% | -4.8% |
| Talos Energy Inc. | $1.98bn | 2.4% | 12.0% |
| Comstock Resources Inc | $2.18bn | 31.6% | -9.0% |
| Kosmos Energy Ltd. | $1.68bn | 20.9% | -0.4% |
| Gulfport Energy Corp | $1.54bn | 35.2% | -11.4% |
| Magnolia Oil & Gas Corp | $1.48bn | 11.4% | 1.4% |
Compare with peers
- Talos Energy Inc. revenue
- Comstock Resources Inc revenue
- Kosmos Energy Ltd. revenue
- Gulfport Energy Corp revenue
- Magnolia Oil & Gas Corp revenue
Head to head: NOG vs TALOCRK vs NOGKOS vs NOG
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