NYSE$NOG

Northern Oil and Gas Inc. · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Northern Oil and Gas Inc. Q1 fiscal 2026: $5.0M revenue, $139.0M net income

for the year ended December 31, 2025, which were included in the Company’s 2025 Annual Report on Form 10-K for the fiscal year ended December 31, 2025. up 46 % of total oil and natural gas sales, with one operator comprising more than 10 % but less than 15 %.

  • Revenue: $5.0M
  • Net income: $139.0M
  • Diluted EPS: $-5.31
  • Operating income: -654.9M
  • up 46 % of total oil and natural gas sales, with one operator comprising more than 10 % but less than 15 %.

Headline financials

Total Revenue

$5.03M

Previous: $602M-99.2%
EPS (adj)

-$5.31

Previous: $1.33-499.2%
Capital Expenditures

-$635M

Previous: -$261M-143.6%
Net Income

-$523M

Previous: $139M-476.2%
Operating Income

-$655M

Previous: $229M-385.6%

Revenue & EPS history

Northern Oil and Gas · Revenue · Quarterly

$5.03M

Q1 2026-99.2%vs Q1 2025
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Revenue by segment

Northern Oil and Gas · $130M total across 1 segment · Q1 2020

  • Oil and Gas Sales
    $130M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+2.9%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+7.8%

Avg return

30 days after

58%

38 / 65 earnings

Positive

+34.4%

Q2 2010

Best reaction

-16.6%

Q3 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.4%-2.8%
Q4 2025-0.6%+6.1%+16.4%
Q3 2025+5.6%+7.6%+21.3%
Q1 2025-1.9%-1.9%+7.4%
Q4 2024-0.1%-9.1%-14.9%
Q3 2024+13.4%+13.0%+14.6%
Q2 2024+7.4%-4.1%+0.2%
Q1 2024-8.9%-7.6%-8.0%
Q4 2023-0.9%+1.7%+10.5%
Q3 2023+0.9%-1.9%-1.1%
Q2 2023+5.6%+6.2%+9.2%
Q1 2023+2.7%+0.7%+1.3%
Q4 2022+5.1%+1.5%-7.3%
Q3 2022-3.2%+5.2%-11.5%
Q2 2022-12.2%-7.2%+7.7%
Q1 2022+4.6%-6.4%+20.8%
Q4 2021+2.8%+9.5%+28.2%
Q3 2021+3.4%-0.8%-20.9%
Q2 2021+8.2%+9.3%+9.9%
Q1 2021+4.1%+4.8%+23.7%
Q4 2020-2.8%-2.1%-12.4%
Q3 2020+19.7%+27.7%+124.6%
Q2 2020-4.4%-5.8%-29.1%
Q1 2020+13.8%+14.5%+48.7%
Q4 2019-1.2%-18.8%-12.5%
Q3 2019-1.9%-3.4%-8.2%
Q2 2019-7.4%+0.0%+13.6%
Q1 2019-1.3%-4.8%-12.2%
Q4 2018+11.3%+8.1%+17.6%
Q3 2018-3.5%-16.5%-23.5%
Q2 2018-2.4%-17.5%-7.6%
Q1 2018+14.9%+28.6%+42.9%
Q4 2017+7.3%+9.9%-7.3%
Q3 2017-7.7%-9.2%+24.6%
Q2 2017-5.0%+1.0%-21.0%
Q1 2017+5.1%+0.0%-12.8%
Q4 2016+1.7%-5.0%-13.3%
Q3 2016+8.6%+2.9%+85.7%
Q2 2016+6.6%+11.3%-6.9%
Q1 2016-4.8%
Q4 2015+31.8%
Q3 2015+8.0%
Q2 2015+6.1%
Q1 2015-10.8%
Q4 2014+1.7%
Q3 2014+7.5%
Q2 2014+1.7%
Q1 2014-6.3%
Q4 2013-11.5%
Q3 2013+0.8%
Q2 2013+2.0%
Q1 2013+0.4%
Q4 2012+1.2%
Q3 2012-3.5%
Q2 2012+1.6%
Q1 2011-0.3%
Q1 2012+1.4%
Q4 2009-2.6%
Q4 2011-2.6%
Q3 2010-16.6%
Q3 2011-16.6%
Q4 2010+34.4%
Q2 2011+34.4%
Q2 2010+34.4%
Q1 2010+5.6%

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