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Northern Oil and Gas NOG Number of revenue sources

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Other financials

Income statement

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Revenue$745.2M+5.4%
Gross profit$618.1M+5.6%
Operating income$352.5M+100%
Net income$236.6M+138%
EPS (diluted)$2.19+119%

Balance sheet

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Cash & equivalents$47.6M+84.1%
Total debt$2.7B+15.2%
Total equity$2.0B-17.3%
Total assets$5.8B+2.2%

Cash flow

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Operating cash flow$321.6M-11.2%
CapEx$55.0K-90.6%
Free cash flow$323.6M-20.5%

Valuation

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Market cap$2.21B-9.7%
Enterprise value$4.88B+2.1%
P/S1.2×+0.2×

Profitability

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Gross margin74.2%-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×+0.4×
Current ratio0.8×-0.4×

Where this comes from

Reported directly by Northern Oil and Gas in its filing.

Tagged under the XBRL concept nog:RevenuefromContractwithCustomerNumberofRevenueSources.

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

The Company reports volumes and revenues on a two-stream basis. Accordingly, the Company’s disaggregated revenue has two primary sources: (i) oil sales and (ii) natural gas and NGL sales. Substantially all of the Company’s sales come from five operating areas in North America: the Williston Basin, the Permian Basin, the Appalachian Basin, the Uinta Basin and the Duvernay Basin.

Item 1. Condensed Consolidated Financial Statements.

FAQ

What is Northern Oil and Gas's number of revenue sources?
Northern Oil and Gas (NOG) reported number of revenue sources of 2 in Q2 2026.
How has Northern Oil and Gas's number of revenue sources changed year-over-year?
Northern Oil and Gas's number of revenue sources decreased by 0.0% year-over-year, from 2 to 2.
What does number of revenue sources mean?
The total number of distinct sources from which the company derives revenue under customer contracts. This captures the breadth of the company's market reach and the diversity of its income generation. Analyzing this helps investors understand the company's exposure to specific market segments or customer types.

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