SuperworthNorthern Oil & Gas profit margin NOG
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- −25.4%
- Operating margin, 12 months
- −24.1%
- Net margin on a year earlier
- −49.0 pts
- Peer median
- 23.1%
Over the twelve months to Jun 30, 2026, Northern Oil & Gas kept −25.4% of its revenue as net profit, with an operating margin of −24.1% and a gross margin of 74.2%.
The median for 10 oil and gas producers of a similar size is 23.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 1.6% | 9.9% | 80.9% |
| FY2024 | 23.4% | 37.6% | 80.7% |
| FY2023 | 42.6% | 51.8% | 84.0% |
| FY2022 | 49.2% | 54.3% | 83.4% |
| FY2021 | 1.3% | 15.7% | 65.6% |
| FY2020 | n/a | n/a | 78.9% |
| FY2019 | −16.2% | 11.8% | 74.8% |
| FY2018 | 21.2% | 63.7% | 90.2% |
| FY2017 | −4.4% | 28.9% | n/a |
| FY2016 | n/a | n/a | n/a |
| FY2015 | n/a | n/a | n/a |
| FY2014 | 27.5% | 51.3% | n/a |
| FY2013 | 15.8% | 35.1% | n/a |
| FY2012 | 23.2% | 41.4% | n/a |
| FY2011 | 27.2% | 45.0% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −25.4% | −49.0 pts | −24.1% | |
| Q1 FY26 | −33.2% | −59.8 pts | −34.0% | |
| Q4 FY25 | 1.6% | −21.8 pts | 9.9% | |
| Q3 FY25 | 7.6% | −25.8 pts | 17.3% | |
| Q2 FY25 | 23.6% | −3.8 pts | 37.7% | |
| Q1 FY25 | 26.6% | −3.4 pts | 41.7% | |
| Q4 FY24 | 23.4% | −19.2 pts | 37.6% | |
| Q3 FY24 | 33.4% | −5.5 pts | 47.5% | |
| Q2 FY24 | 27.4% | −28.3 pts | 38.6% | |
| Q1 FY24 | 30.0% | −30.4 pts | 41.1% | |
| Q4 FY23 | 42.6% | −6.6 pts | 51.8% | |
| Q3 FY23 | 39.0% | −13.9 pts | 46.2% |
Against its peers
Companies in Oil & Gas Exploration & Production nearest Northern Oil & Gas' size, closest first, today.
| Company | Profit margin |
|---|---|
| NOGNorthern Oil & Gas | −25.4% |
| GPORGulfport Energy | 32.3% |
| BSMBlack Stone Minerals | 61.7% |
| PARRPAR Pacific | 9.9% |
| HESMHess Midstream | 23.2% |
| BKVBKV | 22.9% |
| CRKComstock Resources | 23.3% |
| KRPKimbell Royalty Partners | 23.0% |
| MNRMach Natural Resources | 7.4% |
| CNXCNX Resources | 36.5% |
| LBLandBridge Co LLC | 16.5% |
| Peer median | 23.1% |
Where Northern Oil & Gas ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Northern Oil & Gas
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.