Market cap
$2,684 Mln
Revenue (TTM)
$2,226 Mln
P/E Ratio
--
P/B Ratio
1.4
Div. Yield
7.1 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 36.97 | 28.94 | 0.14 | 6.81 | 31.96 |
| EBIT | 153.88 | 99.78 | -148.52 | -169.88 | 1.08 |
| Net Profit | 145.26 | 137.61 | -179.84 | -173.25 | 2.40 |
| EPS | 141.24 | 118.50 | -185.11 | -171.01 | 9.25 |
| Book Value | -- | -- | -6.56 | 32.98 | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 36.52 | 31.89 | -21.21 | 11.22 | 38.75 |
| Net Margin
| -- | -- | -21.83 | -- | -- |
| Return on equity
| 30.55 | 19.39 | -23.58 | 1.74 | 23.82 |
| Return on Capital
| 14.33 | 18.14 | -- | 0.84 | 12.14 |
| Return on Assets
| 12.03 | 14.36 | -7.68 | 0.70 | 10.32 |
| Debt to Equity (x)
| -- | -- | 1.37 | 1.13 | 1.02 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
--
|
0.84
|
12.14
|
30.00
|
47.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-23.58
Lower than Peers by 36.18
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
-23.58
|
1.74
|
23.82
|
66.09
|
161.02
|
|
Peer Median
|
12.60
|
--
|
--
|
--
|
--
|
ROA
-7.68
Lower than Peers by 13.72
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
-7.68
|
0.70
|
10.32
|
25.08
|
35.16
|
|
Peer Median
|
6.04
|
--
|
--
|
--
|
--
|
EBIT Margin
-21.21
Lower than Peers by 46.29
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
-21.21
|
11.22
|
38.75
|
59.59
|
43.14
|
|
Peer Median
|
25.08
|
--
|
--
|
--
|
--
|
Net Margin
-21.83
Lower than Peers by 38.50
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
-21.83
|
1.85
|
24.05
|
48.40
|
38.94
|
|
Peer Median
|
16.67
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
0.14
Lower than Peers by 2.32
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
0.14
|
-0.03
|
0.13
|
-0.04
|
1.04
|
|
Peer Median
|
2.45
|
--
|
--
|
--
|
--
|
EBIT Growth
-148.52
Lower than Peers by 134.70
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
-148.52
|
-71.96
|
-26.21
|
32.65
|
1,205.62
|
|
Peer Median
|
-13.82
|
--
|
--
|
--
|
--
|
Net Profit Growth
-179.84
Lower than Peers by 162.49
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
-179.84
|
-92.55
|
-43.63
|
19.36
|
12,055.90
|
|
Peer Median
|
-17.35
|
--
|
--
|
--
|
--
|
EPS Growth
-185.11
Lower than Peers by 164.52
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
-185.11
|
-0.92
|
-0.44
|
-0.02
|
120.55
|
|
Peer Median
|
-20.58
|
--
|
--
|
--
|
--
|
Book Value Growth
-23.96
Lower than Peers by 32.93
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
-23.96
|
--
|
--
|
--
|
--
|
|
Peer Median
|
8.97
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
1.37
Higher than Peers by 1.02
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
1.37
|
1.13
|
1.02
|
0.90
|
2.05
|
|
Peer Median
|
0.35
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.80
Lower than Peers by 0.07
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
0.80
|
1.09
|
0.92
|
1.32
|
0.93
|
|
Peer Median
|
0.86
|
--
|
--
|
--
|
--
|
Quick Ratio
0.80
Higher than Peers by 0.02
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
0.80
|
--
|
--
|
1.32
|
0.80
|
|
Peer Median
|
0.77
|
--
|
--
|
--
|
--
|
Interest Coverage
-2.81
Lower than Peers by 10.18
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
-2.81
|
1.36
|
5.32
|
8.38
|
10.66
|
|
Peer Median
|
7.37
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
17.77
Higher than Peers by 5.54
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
17.77
|
17.56
|
19.77
|
19.60
|
13.68
|
|
Peer Median
|
12.23
|
--
|
--
|
--
|
--
|
Asset Turnover
0.35
Lower than Peers by 0.01
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
0.35
|
0.38
|
0.43
|
0.52
|
0.90
|
|
Peer Median
|
0.36
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
--
|
69.36
|
67.65
|
61.81
|
42.78
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
--
|
--
|
--
|
8.14
|
14.47
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
--
|
54.21
|
54.40
|
59.07
|
52.88
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
--
|
--
|
13.25
|
10.88
|
4.38
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
--
|
55.01
|
7.23
|
4.01
|
3.26
|
|
Peer Median
|
10.74
|
--
|
--
|
--
|
--
|
Price / Book Value
1.35
Lower than Peers by 0.10
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
1.35
|
1.00
|
1.62
|
1.81
|
3.39
|
|
Peer Median
|
1.46
|
--
|
--
|
--
|
--
|
Dividend Yield
7.11
Higher than Peers by 4.96
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
7.11
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.15
|
--
|
--
|
--
|
--
|
EV/EBITDA
16.70
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
16.70
|
4.30
|
3.88
|
3.41
|
3.65
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
2,684
Higher than Peers by 1,112
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Northern Oil and Gas (NOG)
|
2,684
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,572
|
--
|
--
|
--
|
--
|