As of June 30, 2026, Northern Oil and Gas, Inc. carries a market capitalization of 1.69B, placing it among publicly traded companies globally. Its enterprise value stands at 4.03B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 1.69B |
| Enterprise Value | 4.03B |
Northern Oil and Gas, Inc.'s next confirmed earnings release is scheduled for November 5, 2026.
| Earnings Date | 11/5/2026 |
As of June 30, 2026, Northern Oil and Gas, Inc. has 106.55M shares outstanding.
| Shares Outstanding | 106.55M |
These figures are as of June 30, 2026. The price-to-sales ratio is 0.84, and the price-to-book ratio stands at 0.97.
| PS Ratio | 0.84 |
| PB Ratio | 0.97 |
| P/TBV Ratio | 0.97 |
| P/FCF Ratio | 14.05 |
| P/OCF Ratio | 1.30 |
As of June 30, 2026, Northern Oil and Gas, Inc. trades at an EV/EBITDA multiple of 13.89 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 2.14 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 4.03B versus a market cap of 1.69B, with the gap driven by net debt and cash on the balance sheet.
| EV / Sales | 2.14 |
| EV / EBITDA | 13.89 |
As of June 30, 2026, Northern Oil and Gas, Inc. maintains a current ratio of 0.80, meaning it holds 0.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 136.56, indicating elevated leverage, while an interest coverage ratio of 1.97 demonstrates limited ability to service its debt obligations.
| Current Ratio | 0.80 |
| Quick Ratio | 0.70 |
| Debt / Equity | 136.56 |
| Debt / EBITDA | 8.22 |
| Interest Coverage | 1.97 |
Over the twelve months ended June 30, 2026, Northern Oil and Gas, Inc. posted a negative return on equity (ROE) of -22.05, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -8.43, reflecting losses generated across the asset base. The company generates approximately 31.32M in revenue per employee across its workforce of 60.25, a quick read on workforce productivity versus industry peers.
| Return on Equity (ROE) | -22.05 |
| Return on Assets (ROA) | -8.43 |
| Revenue Per Employee | 31.32M |
| Employee Count | 60.25 |
Over the twelve months ended June 30, 2026, Northern Oil and Gas, Inc. recorded an income tax benefit of -134.93M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -560.35M and -425.42M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.
| Income Tax | -134.93M |
As of the close on October 22, 2026, Northern Oil and Gas, Inc.'s stock has gained approximately 31.51% over the past 52 weeks. The 50-day moving average sits at 22.13, while the 200-day moving average is 20.85.
| 52-Week Price Change | 31.51% |
| 50-Day Moving Average | 22.13 |
| 200-Day Moving Average | 20.85 |
Over the twelve months ended June 30, 2026, Northern Oil and Gas, Inc. generated 1.89B in revenue and converted that into -425.42M in net income, yielding earnings per share of -4.25. EBITDA reached 290.13M, while operating income came in at 553.44M.
| Revenue | 1.89B |
| Gross Profit | 633.49M |
| Operating Income | 553.44M |
| Pretax Income | -560.35M |
| Net Income | -425.42M |
| EBITDA | 290.13M |
| EBIT | -404.34M |
| Earnings Per Share (EPS) | -4.25 |
As of June 30, 2026, Northern Oil and Gas, Inc. holds 41.67M in cash and equivalents against 2.39B in total debt, resulting in a net debt position of 2.34B. Total book value stands at 1.75B, with working capital of -112.38M providing operational flexibility.
| Cash & Cash Equivalents | 41.67M |
| Total Debt | 2.39B |
| Net Debt | 2.34B |
| Equity (Book Value) | 1.75B |
| Book Value Per Share | 16.39 |
| Working Capital | -112.38M |
Northern Oil and Gas, Inc. produced 1.21B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -1.10B in capital expenditures, free cash flow totaled 112.87M - equivalent to 1.13 per share.
| Operating Cash Flow | 1.21B |
| Capital Expenditures | -1.10B |
| Free Cash Flow | 112.87M |
| FCF Per Share | 1.13 |
Over the twelve months ended June 30, 2026, Northern Oil and Gas, Inc. posted a gross margin of 33.57, reflecting its pricing power and cost economics. The operating margin of 29.33 and net profit margin of -22.54 provide insight into operational efficiency.
| Gross Margin | 33.57 |
| Operating Margin | 29.33 |
| Pretax Margin | -29.69 |
| Profit Margin | -22.54 |
| EBITDA Margin | 15.37 |
Over the twelve months ended June 30, 2026, Northern Oil and Gas, Inc. paid dividends of 1.58 per share. The dividend payout ratio of -36.96 is negative because earnings are negative, so the dividend is being paid out of something other than profits, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 7.12, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -16.69, meaning Northern Oil and Gas, Inc. raised more capital through share issuance and new debt than it returned via dividends and buybacks.
| Dividend Per Share | 1.58 |
| Payout Ratio | -36.96 |
| Shareholder Yield | -16.69 |
| FCF Yield | 7.12 |
Northern Oil and Gas, Inc.'s most recent stock split took place on September 21, 2020 with a 10:1 split ratio.
| Last Split Date | 9/21/2020 |
| Split Ratio | 10:1 |
As of June 30, 2026, Northern Oil and Gas, Inc. has an Altman Z-Score of 1.05, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 1.05 |