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Northern Oil and Gas NOG Increase to authorized stock repurchase program amount

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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:StockRepurchaseProgramIncreaseToAuthorizedAmount.

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 increase to authorized stock repurchase program amount?
Northern Oil and Gas (NOG) reported increase to authorized stock repurchase program amount of $100M in Q1 2025.
What does increase to authorized stock repurchase program amount mean?
This represents the incremental increase in the dollar value or share count authorized by the Board of Directors for the company's stock repurchase program. It signals management's confidence in the company's financial health and commitment to returning capital to shareholders. An increase typically reflects strong cash flow generation and a belief that the stock is undervalued.