Northern Oil and Gas Balance Sheet
NYSE: NOGEnergyOil & Gas E&PUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Northern Oil and Gas financial position
At the end of fiscal 2025, Northern Oil and Gas reported total assets of $5.41 billion, down 3.5% from a year earlier against total liabilities of $3.28 billion. Shareholders' equity stood at $2.13 billion, or 39.3% of assets. The company held $14.3 million in cash and equivalents against $2.40 billion of debt, a net debt position of $2.38 billion.
The current ratio (current assets divided by current liabilities) was 1.09, meaning short-term assets cover obligations due within a year. Debt-to-equity was 1.13.
Summary generated from market data by MetaCap's automated system. Methodology
Northern Oil and Gas balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 14.30M | 8.93M | 8.20M | 2.53M | 9.52M | 1.43M | 16.07M | 2.36M | 102.18M | 6.49M |
| Receivables | 349.93M | 389.67M | 370.53M | 271.34M | 193.55M | 71.02M | 108.27M | 96.35M | 46.85M | 35.84M |
| Total Current Assets | 586.03M | 500.74M | 509.41M | 320.49M | 215.33M | 125.63M | 133.04M | 228.41M | 152.76M | 46.89M |
| Property, Plant & Equipment | 4.75B | 5.08B | 3.93B | 2.48B | 1.25B | 735.20M | 1.75B | 1.20B | 473.22M | 376.21M |
| Total Assets | 5.41B | 5.60B | 4.48B | 2.88B | 1.52B | 872.09M | 1.91B | 1.50B | 632.25M | 431.53M |
| Accounts Payable | 218.62M | 202.87M | 192.67M | 128.58M | 65.46M | 35.80M | 69.39M | 55.02M | 93.15M | 56.15M |
| Short-Term Debt | — | — | — | — | 0 | 65.00M | 0 | — | — | 0 |
| Total Current Liabilities | 539.29M | 544.27M | 385.76M | 344.97M | 327.56M | 182.47M | 203.48M | 231.53M | 123.58M | 77.44M |
| Long-Term Debt | 2.40B | 2.37B | 1.84B | 1.53B | 803.44M | 879.84M | 1.12B | 830.20M | 979.32M | 832.63M |
| Total Liabilities | 3.28B | 3.28B | 2.44B | 2.13B | 1.31B | 1.10B | 1.35B | 1.07B | 1.12B | 918.95M |
| Shareholders' Equity | 2.13B | 2.32B | 2.05B | 745.26M | 215.13M | -223.30M | 558.64M | 429.87M | -490.84M | -487.42M |
| Retained Earnings | 481.28M | 442.52M | -77.79M | -1.00B | -1.77B | -1.78B | -873.20M | -796.88M | -940.57M | -931.38M |
| Total Debt | 2.40B | 2.37B | 1.84B | 1.53B | 803.44M | 944.84M | 1.12B | 830.20M | 979.32M | 832.63M |
| Net Cash (Debt) | -2.38B | -2.36B | -1.83B | -1.52B | -793.92M | -943.41M | -1.10B | -827.85M | -877.14M | -826.14M |
| Shares Outstanding | 97.27M | 99.11M | 100.76M | 85.17M | 77.34M | 45.91M | 40.61M | 378.33M | 66.79M | 63.26M |
This table shows 10 annual periods of Northern Oil and Gas's balance sheet, from FY 2025 back to FY 2016, across 16 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow NOG's reporting calendar. What is a balance sheet?