What is Northern Oil and Gas's income tax?

Northern Oil and Gas (NOG) reported income tax of -$173.07M in Q1 2026.

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

Northern Oil and Gas's income tax decreased by 469.8% year-over-year, from $46.81M to -$173.07M.

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

Over 3 years (2021 to 2024), Northern Oil and Gas's income tax has grown at a 783.2% compound annual growth rate (CAGR), from $233K to $160.51M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Northern Oil and Gas NOG Income Tax

Income Tax at other companies

Occidental PetroleumOXY

$154M-55.6%

EOG ResourcesEOG

$575M+38.9%

Devon EnergyDVN

$46M-66.4%

FAN

Diamondback EnergyFANG

$32M-92.1%

Crescent EnergyCRGY

-$82.27M-3,249%

Comstock ResourcesCRK

$11.99M+108%

Other financials

Income statement

See full

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

See full

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

See full

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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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:IncomeTaxExpenseBenefit.

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 income tax?: Northern Oil and Gas (NOG) reported income tax of -$173.07M in Q1 2026.
How has Northern Oil and Gas's income tax changed year-over-year?: Northern Oil and Gas's income tax decreased by 469.8% year-over-year, from $46.81M to -$173.07M.
What is the long-term trend for Northern Oil and Gas's income tax?: Over 3 years (2021 to 2024), Northern Oil and Gas's income tax has grown at a 783.2% compound annual growth rate (CAGR), from $233K to $160.51M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.