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Gross margin at other companies

Occidental Petroleum logo
Occidental PetroleumOXY
85.8%+1.8pp
Murphy Oil logo
Murphy OilMUR
100.4%+0.5pp
Chord Energy logo
Chord EnergyCHRD
74.2%
SM Energy logo
SM EnergySM
71.3%-4.4pp
MTD
Matador ResourcesMTDR
94.4%-0.9pp
Range Resources logo
Range ResourcesRRC
94.6%+1.4pp

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%
CapEx$55.0K-90.6%
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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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×+0.5×
Current ratio0.5×-0.4×

Where this comes from

Calculated from Northern Oil and Gas’s reported figures.

Based on trailing twelve months.

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 gross margin?
Northern Oil and Gas (NOG) reported gross margin of 74% in Q1 2026.
How has Northern Oil and Gas's gross margin changed year-over-year?
Northern Oil and Gas's gross margin decreased by 9.8% year-over-year, from 82% to 74%.
What is the long-term trend for Northern Oil and Gas's gross margin?
Over 5 years (2020 to 2025), Northern Oil and Gas's gross margin has grown at a 0.5% compound annual growth rate (CAGR), from 78.9% to 80.9%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.