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Northern Oil and Gas NOG Total Current Assets

Total Current Assets at other companies

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$11.13B+24.0%
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$9.88B+6.8%
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$5.05B+16.8%
FAN
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$2.65B+28.3%
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Vitesse EnergyVTS
$48.73M-30.8%
Diversified Energy logo
Diversified EnergyDEC
$551.52M

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 us-gaap:AssetsCurrent.

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
(In thousands, except par value and share data)June 30, 2026December 31, 2025
Advances, Prepaid Expenses, and Other27,96837,061
Derivative Instruments30,914166,678
Income Tax Receivable17,79918,066
Total Current Assets502,102586,031
Property and Equipment:
Oil and Natural Gas Properties, Full Cost Method of Accounting
Proved12,429,20311,441,786
Unproved301,75586,034

Item 1. Condensed Consolidated Financial Statements.

FAQ

What is Northern Oil and Gas's total current assets?
Northern Oil and Gas (NOG) reported total current assets of $502.1M in Q2 2026.
How has Northern Oil and Gas's total current assets changed year-over-year?
Northern Oil and Gas's total current assets decreased by 14.7% year-over-year, from $588.36M to $502.1M.
What is the long-term trend for Northern Oil and Gas's total current assets?
Over 5 years (2020 to 2025), Northern Oil and Gas's total current assets has grown at a 36.1% compound annual growth rate (CAGR), from $125.63M to $586.03M.
What does total current assets mean?
The sum of all assets expected to be converted to cash or consumed within one year — cash, receivables, inventory, and prepaid expenses.

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