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Northern Oil and Gas NOG Interest Carryforwards

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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 nog:DeferredTaxAssetsInterestCarryforward.

The official record: Northern Oil and Gas’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Northern Oil and Gas's interest carryforwards?
Northern Oil and Gas (NOG) reported interest carryforwards of $47.12M in Q4 2025.
How has Northern Oil and Gas's interest carryforwards changed year-over-year?
Northern Oil and Gas's interest carryforwards decreased by 31.6% year-over-year, from $68.93M to $47.12M.
What does interest carryforwards mean?
This metric represents the tax benefit associated with interest expenses that could not be deducted in the current period but are available to reduce taxable income in future periods. It acts as a potential future tax shield for the company. Monitoring this helps investors assess the company's ability to manage its tax burden relative to its debt financing costs.