Financials in USD. Standardized financial statements.
A compact view of how Northern Oil and Gas, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $2.10B | $2.16B | $1.91B | $1.99B | $975.09M | $324.07M | $601.24M | $493.92M | $223.99M | $159.72M |
| Revenue Growth? | -3.2% | +13.5% | -4.0% | +103.7% | +200.9% | -46.1% | +21.7% | +120.5% | +40.2% | 0.0% |
| Cost of Revenue? | $1.42B | $1.33B | $993.15M | $670.14M | $388.60M | $308.24M | $386.87M | $231.73M | $129.84M | $122.44M |
| Gross Profit? | $675.20M | $835.98M | $913.86M | $1.32B | $586.49M | $15.83M | $214.37M | $262.19M | $94.15M | $37.28M |
| Gross Margin? | +32.2% | +38.6% | +47.9% | +66.3% | +60.1% | +4.9% | +35.7% | +53.1% | +42.0% | +23.3% |
| Operating Expenses? | $61.33M | -$1.85M | -$208.00M | $462.46M | $508.53M | $857.07M | $158.86M | $14.57M | $18.99M | $327.83M |
| Operating Income? | $613.87M | $837.83M | $1.12B | $853.19M | $77.96M | -$841.24M | $55.51M | $432.63M | $60.49M | -$229.31M |
| EBITDA? | $1.05B | $1.58B | $1.62B | $1.11B | $206.44M | -$685.58M | $214.56M | $350.30M | $119.02M | -$169.17M |
| Income Before Tax | $62.70M | $680.82M | $1.00B | $776.34M | $6.59M | -$906.21M | -$76.32M | $143.63M | -$10.76M | -$294.90M |
| Income Tax Expense | $23.94M | $160.51M | $77.77M | $3.10M | $233,000 | -$166,000 | $0 | -$55,000 | -$1.57M | -$1.40M |
| Net Income? | $38.76M | $520.31M | $922.97M | $773.24M | $6.36M | -$906.04M | -$76.32M | $143.69M | -$9.19M | -$293.49M |
| EPS? | $0.40 | $5.21 | $10.09 | $9.26 | $-0.13 | $-21.55 | $-2.00 | $6.08 | $-1.50 | $-48.00 |
| Diluted EPS? | $0.39 | $5.14 | $10.03 | $8.40 | $-0.13 | $-21.55 | $-2.00 | $6.07 | $-1.50 | $-48.00 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality