What is Northern Oil and Gas's capex?

Northern Oil and Gas (NOG) reported capex of $55K in Q1 2026.

How has Northern Oil and Gas's capex changed year-over-year?

Northern Oil and Gas's capex decreased by 90.6% year-over-year, from $587K to $55K.

What is the long-term trend for Northern Oil and Gas's capex?

Over 3 years (2021 to 2024), Northern Oil and Gas's capex has grown at a -38.7% compound annual growth rate (CAGR), from $556K to $128K.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Northern Oil and Gas NOG CapEx

CapEx at other companies

Occidental PetroleumOXY

$1.55B-7.6%

Devon EnergyDVN

$839M-10.2%

Comstock ResourcesCRK

$415.81M+39.5%

Permian ResourcesPR

$1.95M+16.7%

MTD

Matador ResourcesMTDR

$2.13M+126%

EOG ResourcesEOG

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Other financials

Income statement

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Revenue$5.0M-99.2%

Gross profit-$124.7M-126%

Operating income-$654.9M-386%

Net income-$522.8M-476%

EPS (diluted)-$5.31-482%

Balance sheet

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Cash & equivalents$37.0M+10.3%

Total debt$2.6B+10.4%

Total equity$1.8B-25.7%

Total assets$5.5B-2.8%

Cash flow

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Operating cash flow$323.6M-20.6%

Free cash flow$323.6M-20.5%

Valuation

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Market cap$2.11B+1.9%

Enterprise value$4.63B+5.6%

P/S1.1×+0.3×

Profitability

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Gross margin74%-8.0pp

Operating margin17.3%-30.2pp

Net margin7.6%-25.8pp

FCF margin75.7%+17.1pp

Returns & leverage

See full

Return on equity8%-37.1pp

Debt / equity1.4×+0.5×

Current ratio0.5×-0.4×

Where this comes from

Reported directly by Northern Oil and Gas in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireOtherPropertyPlantAndEquipment.

The official record: Northern Oil and Gas’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Northern Oil and Gas's capex?: Northern Oil and Gas (NOG) reported capex of $55K in Q1 2026.
How has Northern Oil and Gas's capex changed year-over-year?: Northern Oil and Gas's capex decreased by 90.6% year-over-year, from $587K to $55K.
What is the long-term trend for Northern Oil and Gas's capex?: Over 3 years (2021 to 2024), Northern Oil and Gas's capex has grown at a -38.7% compound annual growth rate (CAGR), from $556K to $128K.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.