What are Northern Oil and Gas's total assets?

Northern Oil and Gas (NOG) holds $5.5B in total assets, down 2.8% year over year.

How much debt does Northern Oil and Gas have?

Northern Oil and Gas carries $2.6B in total debt against $1.8B of shareholders' equity, a debt-to-equity ratio of 1.43.

How much cash does Northern Oil and Gas have?

Northern Oil and Gas holds $37.0M in cash and equivalents.

Can Northern Oil and Gas cover its short-term obligations?

Its current ratio is 0.53 — current liabilities exceed current assets.

Where does Northern Oil and Gas's balance sheet data come from?

Every line is extracted from Northern Oil and Gas's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Northern Oil and Gas NOG Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Cash and cash equivalents	$14.3M+60.1%	$8.93M+9.0%	$8.2M+224%	$2.53M-73.4%
Accounts receivable, net	$349.93M-10.2%	$389.67M+5.2%	$370.53M+36.6%	$271.34M+40.2%
Prepaid expenses and other current assets	$37.06M+603%	$5.27M+112%	$2.49M+23.6%	$2.01M-41.1%
Income taxes receivable	$18.07M-52.5%	$38.05M+1,071%	$3.25M+861%	$338K—
Derivative assets	$86.05M-33.7%	$129.76M+55.3%	$83.57M+16.8%	$71.54M+355%
Total current assets	$586.03M+17.0%	$500.74M-1.7%	$509.41M+58.9%	$320.49M+48.8%
Property and equipment, net	$4.75B-6.6%	$5.08B+29.3%	$3.93B+58.3%	$2.48B+98.1%
Deferred tax assets	$247.65M+51,817%	$477K-44.8%	$864K-4.1%	$901K+58.1%
Other non-current assets	$86.03M+101%	$42.7M+429%	$8.07M+17.7%	$6.86M+162%
Total assets	$5.41B-3.5%	$5.6B+25.0%	$4.48B+56.0%	$2.88B+88.8%
Accrued expenses	$320.67M+6,716%	$4.71M+121%	$2.13M+19.6%	$1.78M+72.7%
Derivative liabilities	$86.05M-33.7%	$129.76M+55.3%	$83.57M+16.8%	$71.54M+531%
Total current liabilities	$539.29M-0.9%	$544.27M+41.1%	$385.76M+11.8%	$344.97M+5.3%
Long-term debt	$2.4B+1.1%	$2.37B+29.1%	$1.84B+20.3%	$1.53B+89.9%
Asset retirement obligations	$2.9M-12.0%	$3.29M+95.1%	$1.69M-5.3%	$1.78M+3.4%
Other non-current liabilities	$1.77M-22.1%	$2.27M-17.1%	$2.74M+34.0%	$2.05M-34.2%
Total liabilities	$3.28B0.0%	$3.28B+34.8%	$2.44B+14.4%	$2.13B+62.9%
Common stock	270M0.0%	270M+100%	135M0.0%	135M0.0%
Additional paid-in capital	$1.64B-12.4%	$1.88B-11.6%	$2.12B+21.7%	$1.75B-12.2%
Retained earnings	$481.28M+8.8%	$442.52M+669%	-$77.79M+92.2%	-$1B+43.6%
Total stockholders' equity	$2.13B-8.4%	$2.32B+13.3%	$2.05B+175%	$745.26M+246%
Total liabilities and stockholders' equity	$5.41B-3.5%	$5.6B+25.0%	$4.48B+56.0%	$2.88B+88.8%
Derivatives	$166.68M+258%	$46.53M-38.6%	$75.73M+115%	$35.29M+1,301%
Prepaid expenses and other	$37.06M+603%	$5.27M+112%	$2.49M+23.6%	$2.01M-41.1%
Derivative Assets, Current	$166.68M+258%	$46.53M-38.6%	$75.73M+115%	$35.29M+1,301%
Derivative Assets - Fair Value	$169.71M+201%	$56.36M-34.8%	$86.46M+80.7%	$47.84M+992%
Deferred Tax Assets and Other Non-Current Assets	$73.94M+568%	$11.08M-28.4%	$15.47M-4.6%	$16.22M+38.8%
Derivative Assets, Non-Current	$3.04M-69.1%	$9.83M-8.3%	$10.73M-14.5%	$12.55M+573%
Other non-current assets	$73.94M+568%	$11.08M-28.4%	$15.47M-4.6%	$16.22M+38.8%
Software and Technology Licenses, Net	$73.94M+568%	$11.08M-28.4%	$15.47M-4.6%	$16.22M+38.8%
Other Commercial Liabilities	$320.67M+10.3%	$290.79M+96.6%	$147.94M+21.5%	$121.74M+15.3%
Accrued Liabilities, Current	$320.67M+10.3%	$290.79M+96.6%	$147.94M+21.5%	$121.74M+15.3%
Derivative Liability, Current	$0-100%	$19.92M+18.6%	$16.8M-71.2%	$58.42M-56.5%
Derivative Liabilities - Fair Value	$48.1M-57.6%	$113.52M-7.4%	$122.63M-56.9%	$284.32M+0.8%
Line of Credit Outstanding	$2.4B+1.1%	$2.37B+29.1%	$1.84B+20.3%	$1.53B+89.9%
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$32.69M+23.6%	$26.45M-18.2%	$32.33M+13.4%	$28.5M+92.9%
Derivative Liabilities (Non-Current)	$48.1M-48.6%	$93.61M-11.6%	$105.83M-53.2%	$225.91M+52.9%
Total debt	$2.4B+1.1%	$2.37B+29.1%	$1.84B+20.3%	$1.53B+89.9%
Total Carrying Value of Debt	$2.42B+1.2%	$2.4B+28.3%	$1.87B+20.9%	$1.54B+91.7%
Common Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Common Stock Shares Issued	97.3M-1.9%	99.1M-1.6%	100.8M+18.3%	85.2M+10.1%
Convertible Preferred Stock Authorized Shares	5M0.0%	5M0.0%	5M0.0%	5M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0-100%
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0-100%
Additional paid-in capital	$1.64B-12.4%	$1.88B-11.6%	$2.12B+21.7%	$1.75B-12.2%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$499K-0.4%	$501K-0.4%	$503K+3.3%	$487K+1.7%
Share Repurchase Authorization Limit	——	——	——	——
Fair Value Measurement Disclosure	$134.15M-44.9%	$243.28M+18.0%	$206.2M-42.1%	$355.86M+21.3%
Gross Assets/Liabilities	$134.15M-44.9%	$243.28M+18.0%	$206.2M-42.1%	$355.86M+21.3%
Oil and Gas, Capitalized Cost, Accumulated Depreciation, Depletion, Amortization, and Valuation Allowance	$6.78B+28.7%	$5.27B—	——	——
Property Acquisition	$62.33M+253%	$17.66M+2,102%	$802K-84.7%	$5.24M-42.4%
Development	$0—	$0—	$0—	$0—
Oil and Gas, Capitalized Cost, before Accumulated Depreciation, Depletion, Amortization, and Valuation Allowance	$62.33M+253%	$17.66M+2,102%	$802K-84.7%	$5.24M—
Oil and Gas, Capitalized Cost, after Accumulated Depreciation, Depletion, Amortization, and Valuation Allowance	$4.74B-6.6%	$5.08B+417,178%	$1.22M-86.2%	$8.83M-2.9%
Capitalized costs, proved properties, net	$4.7B-7.8%	$5.1B+30.8%	$3.9B+56.0%	$2.5B+104%
Common stock, par value (in dollars per share)	$00.0%	$00.0%	$00.0%	$00.0%
Common stock, shares authorized (in shares)	$270M0.0%	$270M+100%	$135M0.0%	$135M0.0%
Common stock, shares issued (in shares)	$97.27M-1.9%	$99.11M-1.6%	$100.76M+18.3%	$85.17M+10.1%
Common Stock, Shares, Outstanding	$97.27M-1.9%	$99.11M-1.6%	$100.76M+18.3%	$85.17M+10.1%
Long-term debt, gross	$2.42B+1.2%	$2.4B+28.3%	$1.87B+20.9%	$1.54B+91.7%
Debt Instrument, Unamortized Discount (Premium), Net	-$4.92M-675%	-$634K+64.3%	-$1.78M+83.4%	-$10.68M+19.2%
Deferred income taxes	$247.65M+8.6%	$228.04M+233%	$68.49M—	$0—
Deferred Tax Asset (Liabilities), Net Before Valuation Allowance	-$246.2M-8.8%	-$226.23M-240%	-$66.61M-143%	$156.27M-54.2%
Interest Carryforwards	$47.12M-31.6%	$68.93M+59.1%	$43.33M+331%	$10.05M—
Derivative Instruments	-$28.65M-317%	$13.18M+57.2%	$8.39M-84.1%	$52.89M-17.0%
Deferred Tax Assets (Liabilities), Other	$9.91M+29.9%	$7.63M-35.5%	$11.84M+2,892%	-$424K-138%
Crude Oil and Natural Gas Properties and Other Properties	-$412.65M+5.0%	-$434.49M-55.7%	-$278.99M-543%	-$43.42M-135%
Deferred Tax Assets, Operating Loss Carryforwards	$136.68M+16.8%	$117.04M-19.9%	$146.04M+8.9%	$134.1M-11.0%
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-Based Compensation Cost	$358K-24.9%	$477K-44.8%	$864K-4.1%	$901K+58.1%
Accrued expenses	$1.02M+1.7%	$1.01M-0.1%	$1.01M-1.3%	$1.02M-1.2%
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset	$86.05M-33.7%	$129.76M+55.3%	$83.57M+16.8%	$71.54M+531%
Derivatives	$3.04M-69.1%	$9.83M-8.3%	$10.73M-14.5%	$12.55M+573%
Derivative, gross, assets	$255.76M+37.4%	$186.11M+9.5%	$170.03M+42.4%	$119.38M+659%
Derivatives, gross, liabilities	$134.15M-44.9%	$243.28M+18.0%	$206.2M-42.1%	$355.86M+21.3%
Derivative Liability, Noncurrent	$48.1M-48.6%	$93.61M-11.6%	$105.83M-53.2%	$225.91M+52.9%
Derivative Liability, Subject to Master Netting Arrangement, Asset Offset	$86.05M-33.7%	$129.76M+55.3%	$83.57M+16.8%	$71.54M+531%
Oil and Gas, Standardized Measure, Discounted Future Net Cash Flow, Production Cost	$6.31B-3.4%	$6.53B-1.4%	$6.63B-2.8%	$6.82B+61.9%
Cash inflows	$14.84B-7.2%	$16B-0.1%	$16.01B-28.7%	$22.45B+98.0%
Oil and Gas, Standardized Measure, Discounted Future Net Cash Flow, Future Net Cash Flow, before Discount	$6.29B-6.1%	$6.7B+0.8%	$6.64B-43.3%	$11.72B+123%
Oil and Gas, Standardized Measure, Discounted Future Net Cash Flow, Development Cost	$1.25B-13.6%	$1.44B+6.3%	$1.36B+18.6%	$1.15B+22.8%
Oil and Gas, Standardized Measure, Discounted Future Net Cash Flow, Income Tax Expense	$992.69M-25.0%	$1.32B-4.1%	$1.38B-50.0%	$2.76B+192%
Oil and Gas, Standardized Measure, Discounted Future Net Cash Flow, Discount	246,770,300,000%+136,700,000%	246,633,600,000%-1,884,400,000%	248,518,000,000%-280,057,800,000%	528,575,800,000%+292,897,500,000%
Tax receivable within other current assets	$18.07M-52.5%	$38.05M+1,071%	$3.25M+861%	$338K—
Secured lines of credit	$2.4B+1.1%	$2.37B+29.1%	$1.84B+20.3%	$1.53B+89.9%
Number of geographic areas in which entity operates	4—	——	——	——
Preferred Stock, Shares Authorized	$5M0.0%	$5M0.0%	$5M0.0%	$5M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0-100%
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0-100%
Property Plant And Equipment Other Net	$3.2M-18.0%	$3.9M—	——	——
Number of revenue stream basis	2—	——	——	——
Number of revenue sources	2—	——	——	——
Oil and Gas, Standardized Measure, Discounted Future Net Cash Flow, Future Net Cash Flow, after Discount	$3.82B-9.6%	$4.23B+1.8%	$4.16B-35.4%	$6.44B+123%
Share Repurchase Program, Authorized, Amount	——	——	——	——
Increase to authorized stock repurchase program amount	——	——	——	——

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Questions, answered.

What are Northern Oil and Gas's total assets?: Northern Oil and Gas (NOG) holds $5.5B in total assets, down 2.8% year over year.
How much debt does Northern Oil and Gas have?: Northern Oil and Gas carries $2.6B in total debt against $1.8B of shareholders' equity, a debt-to-equity ratio of 1.43.
How much cash does Northern Oil and Gas have?: Northern Oil and Gas holds $37.0M in cash and equivalents.
Can Northern Oil and Gas cover its short-term obligations?: Its current ratio is 0.53 — current liabilities exceed current assets.
Where does Northern Oil and Gas's balance sheet data come from?: Every line is extracted from Northern Oil and Gas's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.