For the quarter ending 2026-03-31, NOG had $22,742K increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | -522,847 | -70,732 | -129,074 | 238,567 |
| Depletion, depreciation, amortization, and accretion | 197,098 | 204,076 | 199,351 | 411,432 |
| Amortization of debt issuance costs | 2,515 | 2,616 | 3,005 | 4,974 |
| Loss on extinguishment of debt | -14 | -10,833 | - | - |
| Amortization of bond premium/discount on long-term debt | -520 | -525 | -1,017 | -676 |
| Deferred income taxes | -171,221 | -15,601 | -35,502 | 74,673 |
| Unrealized loss (gain) on derivative instruments | -519,857 | 86,084 | 15,248 | 77,445 |
| Gain on contingent consideration | - | 0 | - | - |
| Accounts payable and accrued liabilities | - | 20,816 | -2,880 | -3,058 |
| Stock-based compensation expense | 3,710 | 3,915 | 4,095 | 7,353 |
| Accrued interest | - | -5,729 | 2,683 | 72 |
| Impairment of oil and gas assets | 268,276 | 268,497 | 318,674 | 115,576 |
| Accrued liabilities and expenses | - | - | 7,893 | -6,520 |
| Other | -291 | 436 | 24 | 48 |
| Accounts receivable, net | 45,364 | 15,970 | -76,288 | 20,572 |
| Settlement difference for asset retirement obligations | - | 0 | - | - |
| Prepaid and other expenses | 1,323 | 249 | 299 | 1,023 |
| Income tax receivable | -4,185 | 1,424 | 4,825 | -26,233 |
| Accounts payable, accrued liabilities, and other | 68,944 | - | - | - |
| Net cash provided by operating activities | 323,615 | 312,630 | 423,120 | 769,538 |
| Acquisitions of and capital expenditures on oil and natural gas properties | 634,623 | 308,032 | 352,339 | 591,332 |
| Purchases of other property and equipment | 55 | 40 | 238 | 481 |
| Net cash used for investing activities | -634,678 | -308,072 | -352,577 | -591,813 |
| Advances on revolving credit facility | 480,000 | 100,000 | 115,000 | 173,000 |
| Repayments on revolving credit facility | 305,000 | 81,000 | 136,000 | 383,000 |
| Purchase of capped call | - | 16,947 | - | - |
| Premium received on convertible notes | - | 11,194 | - | - |
| Entry into additional capped call transactions | - | - | 0 | 16,947 |
| Issuance of convertible notes | - | 200,000 | - | - |
| Issuance of additional convertible notes | - | - | 0 | 200,000 |
| Issuance of senior notes due 2033 | - | 725,000 | - | - |
| Premium received on additional convertible notes | - | - | 0 | 11,194 |
| Repurchase of senior notes due 2028 | 20,165 | 684,943 | - | - |
| Debt issuance costs paid | 1,627 | 18,538 | 54 | 7,554 |
| Tender premium paid on repurchase of senior notes due 2028 | - | 10,274 | - | - |
| Issuance of common stock | 227,928 | 0 | - | - |
| Repurchases of common stock | 0 | 7,007 | 0 | 50,005 |
| Excise tax on repurchases of common stock | - | 788 | - | - |
| Common stock issuance costs paid | 31 | - | - | - |
| Restricted stock surrenders - tax obligations | 2,822 | 654 | 0 | 1,486 |
| Common dividends paid | 44,478 | 43,703 | 43,697 | 86,004 |
| Net cash provided by (used for) financing activities | 333,805 | -21,907 | -64,751 | -160,802 |
| Net increase in cash and cash equivalents | 22,742 | -17,349 | 5,792 | 16,923 |
| Cash and cash equivalents - beginning of period | 14,299 | 31,648 | 8,933 | - |
| Cash and cash equivalents - end of period | 37,041 | 14,299 | 31,648 | - |
NORTHERN OIL & GAS, INC. (NOG)
NORTHERN OIL & GAS, INC. (NOG)