For the quarter ending 2025-09-30, NOG made $556,637,000 in revenue. -$129,074,000 in net income. Net profit margin of -23.19%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenues | 556,637,000 | 706,809,000 | 602,098,000 | 455,662,000 |
| Production expenses | 118,316,000 | 121,430,000 | 114,040,000 | 111,015,500 |
| Production taxes | 28,688,000 | 35,616,000 | 36,069,000 | 46,915,500 |
| General and administrative expenses | 14,102,000 | 15,628,000 | 14,481,000 | 13,460,000 |
| Legal settlement expense | 0 | 33,091,000 | - | - |
| Depletion, depreciation, amortization and accretion | 199,351,000 | 205,741,000 | 205,690,000 | 189,316,000 |
| Impairment of oil and gas assets | 318,674,000 | 115,576,000 | - | - |
| Other expenses | 3,267,000 | 3,561,000 | 2,537,000 | 2,477,500 |
| Total operating expenses | 682,398,000 | 530,643,000 | 372,817,000 | 363,184,500 |
| Income (loss) from operations | -125,761,000 | 176,166,000 | 229,281,000 | 92,477,500 |
| Interest expense | 42,975,000 | 44,435,000 | 43,850,000 | 41,592,000 |
| Loss on unsettled interest rate derivatives, net | -131,000 | 1,000 | -144,000 | 141,500 |
| Other income | 65,000 | 46,000 | 500,000 | 118,500 |
| Total other expense, net | -43,041,000 | -44,388,000 | -43,494,000 | -41,332,000 |
| Income (loss) before income taxes | -168,802,000 | 131,778,000 | 185,787,000 | 51,145,500 |
| Income tax expense (benefit) | -39,728,000 | 32,193,000 | 46,805,000 | 97,917,500 |
| Net income (loss) | -129,074,000 | 99,585,000 | 138,982,000 | 130,077,000 |
| Net income (loss) attributable to common stockholders | -129,074,000 | 99,585,000 | - | 130,077,000 |
| Net income (loss) per common share basic (in dollars per share) | -1.33 | 1.02 | 1.41 | 0.415 |
| Net income (loss) per common share - diluted (in dollars per share) | -1.33 | 1 | 1.39 | 0.41 |
| Weighted average common shares outstanding basic (in shares) | 97,123,889 | 98,060,407 | 98,559,724 | -49,954,118 |
| Weighted average common shares outstanding - diluted (in shares) | 97,123,889 | 99,394,539 | 99,992,487 | -50,721,116.5 |
NORTHERN OIL & GAS, INC. (NOG)
NORTHERN OIL & GAS, INC. (NOG)