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Northern Oil and Gas NOG Oil and Gas, Capitalized Cost, Accumulated Depreciation, Depletion, Amortization, and Valuation Allowance

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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%
CapEx$55.0K-90.6%
Free cash flow$323.6M-20.5%

Valuation

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Market cap$2.12B+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

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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:CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities.

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 oil and gas, capitalized cost, accumulated depreciation, depletion, amortization, and valuation allowance?
Northern Oil and Gas (NOG) reported oil and gas, capitalized cost, accumulated depreciation, depletion, amortization, and valuation allowance of $7.25B in Q1 2026.
What does oil and gas, capitalized cost, accumulated depreciation, depletion, amortization, and valuation allowance mean?
The cumulative amount of depreciation, depletion, and amortization (DD&A) recorded against oil and gas property costs, including valuation allowances for impairments. This metric quantifies the historical consumption of the company's asset base over time. It is essential for understanding the remaining useful life and book value of producing properties.