What does premium received on convertible notes mean?

This represents the cash proceeds received from the sale of call options or similar derivative instruments issued in conjunction with convertible debt offerings. It reflects the company's ability to offset the cost of capital by monetizing volatility or conversion features embedded in its financing structure. Investors view this as a strategic reduction in the effective interest expense associated with convertible debt issuance.

Northern Oil and Gas NOG Premium Received on Convertible Notes

Premium Received on Convertible Notes at other companies

Cogent Biosciences, Inc.COGT

$55.78M—

KKR & Co.KKR

$0-100%

Datadog, Inc.DDOG

$0-100%

SynapticsSYNA

$0-100%

Affiliated Managers GroupAMG

$41.18M—

Okta, Inc.OKTA

$500K—

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%

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:PremiumReceivedOnConvertibleNotes.

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 premium received on convertible notes?: Northern Oil and Gas (NOG) reported premium received on convertible notes of $2.8M in Q4 2025.
What does premium received on convertible notes mean?: This represents the cash proceeds received from the sale of call options or similar derivative instruments issued in conjunction with convertible debt offerings. It reflects the company's ability to offset the cost of capital by monetizing volatility or conversion features embedded in its financing structure. Investors view this as a strategic reduction in the effective interest expense associated with convertible debt issuance.