Screener
Northern Oil and Gas NOG Production and ad valorem taxes
Production and ad valorem taxes at other companies
Other financials
Where this comes from
Reported directly by Northern Oil and Gas in its filing.
Tagged under the XBRL concept us-gaap:ProductionTaxExpense.
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, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Total Revenues | 745,235 | 706,809 | 750,264 | 1,308,908 |
| Operating Expenses | ||||
| Production Expenses | 127,089 | 121,430 | 256,836 | 235,470 |
| Production Taxes | 45,699 | 35,616 | 84,042 | 71,685 |
| General and Administrative Expenses | 24,529 | 15,628 | 47,703 | 30,109 |
| Legal Settlement Expense | — | 33,091 | — | 33,091 |
| Depletion, Depreciation, Amortization and Accretion | 192,885 | 205,741 | 389,983 | 411,432 |
| Impairment of Oil and Gas Assets | — | 115,576 | 268,276 | 115,576 |
Item 1. Condensed Consolidated Financial Statements.
FAQ
- What is Northern Oil and Gas's production and ad valorem taxes?
- Northern Oil and Gas (NOG) reported production and ad valorem taxes of $45.7M in Q2 2026.
- How has Northern Oil and Gas's production and ad valorem taxes changed year-over-year?
- Northern Oil and Gas's production and ad valorem taxes increased by 28.3% year-over-year, from $35.62M to $45.7M.
- What is the long-term trend for Northern Oil and Gas's production and ad valorem taxes?
- Over 4 years (2021 to 2025), Northern Oil and Gas's production and ad valorem taxes has grown at a 14.3% compound annual growth rate (CAGR), from $76.95M to $131.33M.
- What does production and ad valorem taxes mean?
- Includes taxes levied by state and local governments based on the volume or value of oil and gas produced. These taxes are a mandatory cost of doing business in specific geographic basins and directly impact the net realized price per barrel. Monitoring this expense helps assess the tax burden associated with the company's specific asset footprint.
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