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Northern Oil and Gas NOG Results Of Operations Depreciation Depletion Amortization And Accretion

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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:ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion.

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 share and per share data)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Production Taxes45,69935,61684,04271,685
General and Administrative Expenses24,52915,62847,70330,109
Legal Settlement Expense33,09133,091
Depletion, Depreciation, Amortization and Accretion192,885205,741389,983411,432
Impairment of Oil and Gas Assets115,576268,276115,576
Other Expenses2,4963,5615,7716,098
Total Operating Expenses392,698530,6431,052,611903,461
Income (Loss) From Operations352,537176,166(302,347)405,447

Item 1. Condensed Consolidated Financial Statements.

FAQ

What is Northern Oil and Gas's results of operations depreciation depletion amortization and accretion?
Northern Oil and Gas (NOG) reported results of operations depreciation depletion amortization and accretion of $192.89M in Q2 2026.
How has Northern Oil and Gas's results of operations depreciation depletion amortization and accretion changed year-over-year?
Northern Oil and Gas's results of operations depreciation depletion amortization and accretion decreased by 6.2% year-over-year, from $205.74M to $192.89M.
What is the long-term trend for Northern Oil and Gas's results of operations depreciation depletion amortization and accretion?
Over 4 years (2021 to 2025), Northern Oil and Gas's results of operations depreciation depletion amortization and accretion has grown at a 55.1% compound annual growth rate (CAGR), from $140.83M to $814.86M.
What does results of operations depreciation depletion amortization and accretion mean?
Results Of Operations Depreciation Depletion Amortization And Accretion as reported by Northern Oil and Gas, Inc..

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