NORTHERN OIL AND GAS, INC. (NOG) FY2026 Q2 P&L / Income Statement
2026-04-01 to 2026-06-30
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 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.

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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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