Northern Oil and Gas NOG Payments to Explore and Develop Oil and Gas Properties
Payments to Explore and Develop Oil and Gas Properties 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:PaymentsToExploreAndDevelopOilAndGasProperties.
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 payments to explore and develop oil and gas properties?
- Northern Oil and Gas (NOG) reported payments to explore and develop oil and gas properties of $634.62M in Q1 2026.
- How has Northern Oil and Gas's payments to explore and develop oil and gas properties changed year-over-year?
- Northern Oil and Gas's payments to explore and develop oil and gas properties increased by 140.4% year-over-year, from $263.97M to $634.62M.
- What is the long-term trend for Northern Oil and Gas's payments to explore and develop oil and gas properties?
- Over 4 years (2021 to 2025), Northern Oil and Gas's payments to explore and develop oil and gas properties has grown at a 20.5% compound annual growth rate (CAGR), from $593.23M to $1.25B.
- What does payments to explore and develop oil and gas properties mean?
- This represents the cash outflows dedicated to the exploration, drilling, and development of oil and gas reserves. It is a primary indicator of the company's capital reinvestment strategy and its commitment to replacing or growing its production base. High levels of spending here are essential for sustaining long-term output in the energy sector.