NORTHERN OIL AND GAS, INC. (NOG) FY2026 Q2 P&L / Income Statement

Revenue by Product and Service

2026-04-01 to 2026-06-30

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NORTHERN OIL AND GAS, INC. (NOG) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETOil and Gas SalesGain (Loss) on Commodity Derivatives, NetOther RevenuesTotal RevenuesGross profit (calculated)Production ExpensesIncome (Loss) From OperationsOperating expenses (calculated)Depletion, Depreciation, Amortization and AccretionProduction TaxesGeneral and Administrative ExpensesOther ExpensesIncome (Loss) Before Income TaxesTotal Other Expense, NetNet Income (Loss)Income Tax Expense (Benefit)Gross profit (calculated)Gross profit(calculated)$618.15 MIncome (Loss) From OperationsIncome (Loss)From Operations$352.54 MIncome (Loss) Before Income TaxesIncome (Loss)Before Income Taxes$310.60 MTotal RevenuesTotal Revenues$745.24 MNet Income (Loss)Net Income (Loss)$236.63 MOil and Gas SalesOil and Gas Sales$670.80 MOperating expenses (calculated)Operating expenses(calculated)$265.61 MIncome Tax Expense (Benefit)Income TaxExpense (Benefit)$73.97 MTotal Other Expense, NetTotal OtherExpense, Net−$41.94 MDepletion, Depreciation, Amortization and AccretionDepletion, Depreciation,Amortization and Accretion$192.89 MProduction ExpensesProduction Expenses$127.09 MGain (Loss) on Commodity Derivatives, NetGain (Loss) on CommodityDerivatives, Net$70.18 MProduction TaxesProduction Taxes$45.70 MOther RevenuesOther Revenues$4.26 MGeneral and Administrative ExpensesGeneral andAdministrative Expenses$24.53 MOther ExpensesOther Expenses$2.50 M
Chart details

NORTHERN OIL AND GAS, INC. (NOG) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total Revenues
745,235,000 US dollars
Production Expenses
127,089,000 US dollars
Gross profit (calculated)
618,146,000 US dollars
Operating expenses (calculated)
265,609,000 US dollars
Income (Loss) From Operations
352,537,000 US dollars
Total Other Expense, Net
negative 41,941,000 US dollars
Income (Loss) Before Income Taxes
310,596,000 US dollars
Income Tax Expense (Benefit)
73,968,000 US dollars
Net Income (Loss)
236,628,000 US dollars
Oil and Gas Sales
670,796,000 US dollars
Other Revenues
4,257,000 US dollars
Gain (Loss) on Commodity Derivatives, Net
70,182,000 US dollars
Production Taxes
45,699,000 US dollars
General and Administrative Expenses
24,529,000 US dollars
Depletion, Depreciation, Amortization and Accretion
192,885,000 US dollars
Other Expenses
2,496,000 US dollars
Impairment of Oil and Gas Assets
0 US dollars
Legal Settlement Expense
0 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
NORTHERN OIL AND GAS, INC. (NOG) FY2026 Q2 P&L / Income Statement Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

82.9%

Gross profit / revenue

Operating margin

47.3%

Operating profit / revenue

Cash conversion

135.9%

Operating cash / net income, same period

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