Northern Oil and Gas, Inc.
Northern Oil and Gas, Inc. (NYSE: NOG) is an independent energy company that acquires, explores, develops and produces oil and natural gas properties in the United States. It primarily holds non-operated minority working and mineral interests, participating alongside third-party operators in drilling and production;… From the company’s description.
Over the twelve months to Sep 30, 2026, Northern Oil and Gas, Inc. reported revenue of $1.71B, down 28.3% from a year earlier, and a net loss of $468.76M. Its operating margin was −24.2%, and operations generated $1.36B in cash. In fiscal 2025, it reported revenue of $2.48B, up 11.2% from fiscal 2024, and net income of $38.76M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Northern Oil and Gas, Inc. does
In the company’s own words
Northern Oil and Gas, Inc. (NYSE: NOG) is an independent energy company that acquires, explores, develops and produces oil and natural gas properties in the United States. It primarily holds non-operated minority working and mineral interests, participating alongside third-party operators in drilling and production; its properties are concentrated in the Williston, Permian, Appalachian and Uinta basins. The company’s production includes oil, natural gas and natural gas liquids, which operating partners generally market and sell to purchasers. Northern Oil and Gas reports one operating segment. As of December 31, 2025, it held 301,797 net acres and had interests in 11,702 gross producing wells, representing 1,195 net wells. In the fourth quarter of 2025, average daily production was 140,064 barrels of oil equivalent. Its portfolio expanded beyond oil-focused Williston Basin properties through acquisitions in the Permian, Appalachian and Uinta basins beginning in 2020.
Company details
- Sector
- Energy
- Industry (SIC)
- Oil & Gas Extraction
- Headquarters
- MINNETONKA, MN
- Fiscal year end
- December
- CIK
- 1104485
- SIC
- 1311
Financial performance, year by year
Fiscal 2011–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Northern Oil and Gas, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Northern Oil and Gas, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Northern Oil and Gas, Inc.’s bonds, as funds hold them
Funds report holding 4 issues of Northern Oil and Gas, Inc.’s debt, $691.02M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 7.32%, maturing 2029 to 2033.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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