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Northern Oil and Gas NOG Accrued Expenses

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Other financials

Income statement

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Revenue$745.2M+5.4%
Gross profit$618.1M+5.6%
Operating income$352.5M+100%
Net income$236.6M+138%
EPS (diluted)$2.19+119%

Balance sheet

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Cash & equivalents$47.6M+84.1%
Total debt$2.7B+15.2%
Total equity$2.0B-17.3%
Total assets$5.8B+2.2%

Cash flow

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Operating cash flow$321.6M-11.2%
CapEx$55.0K-90.6%
Free cash flow$323.6M-20.5%

Valuation

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Market cap$2.35B+0.5%
Enterprise value$5.03B+7.5%
P/S1.2×+0.3×

Profitability

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Gross margin74.2%-8.0pp
Operating margin17.3%-30.2pp
Net margin7.6%-25.8pp
FCF margin75.7%+17.1pp

Returns & leverage

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Return on equity8%-37.1pp
Debt / equity1.4×+0.4×
Current ratio0.8×-0.4×

Where this comes from

Reported directly by Northern Oil and Gas in its filing.

Tagged under the XBRL concept us-gaap:AccruedLiabilitiesCurrent.

The source filing: Northern Oil and Gas’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:13 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104485-26-000032
(In thousands, except par value and share data)June 30, 2026December 31, 2025
Liabilities and Stockholders’ Equity
Current Liabilities:
Accounts Payable$206,275$218,620
Accrued Liabilities and Other399,176320,673
Derivative Instruments25,041
Total Current Liabilities630,492539,293
Long-term Debt, Net2,724,8142,395,393
Deferred Tax Liability158,290247,645

Item 1. Condensed Consolidated Financial Statements.

FAQ

What is Northern Oil and Gas's accrued expenses?
Northern Oil and Gas (NOG) reported accrued expenses of $399.18M in Q2 2026.
How has Northern Oil and Gas's accrued expenses changed year-over-year?
Northern Oil and Gas's accrued expenses increased by 28.7% year-over-year, from $310.16M to $399.18M.
What is the long-term trend for Northern Oil and Gas's accrued expenses?
Over 5 years (2020 to 2025), Northern Oil and Gas's accrued expenses has grown at a 216.4% compound annual growth rate (CAGR), from $1.01M to $320.67M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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