NORTHERN OIL & GAS, INC.NOGEarnings & Financial Report
Marathon Oil Corporation was an American company engaged in hydrocarbon exploration. In November 2024, it was acquired by ConocoPhillips and absorbed into the company.
NOG Q3 2025 Key Financial Metrics
Revenue
$556.6M
Gross Profit
$438.3M
Operating Profit
$-125.8M
Net Profit
$-129.1M
Gross Margin
78.7%
Operating Margin
-22.6%
Net Margin
-23.2%
YoY Growth
-26.1%
EPS
$-1.33
Financial Flow
NORTHERN OIL & GAS, INC. Q3 2025 Financial Summary
NORTHERN OIL & GAS, INC. reported revenue of $556.6M for Q3 2025, with a net profit of $-129.1M (-23.2% margin). Cost of goods sold was $118.3M, operating expenses totaled $564.1M.
Key Financial Metrics
| Total Revenue | $556.6M |
|---|---|
| Net Profit | $-129.1M |
| Gross Margin | 78.7% |
| Operating Margin | -22.6% |
| Report Period | Q3 2025 |
NORTHERN OIL & GAS, INC. Annual Revenue by Year
NORTHERN OIL & GAS, INC. annual revenue history includes year-by-year totals (for example, 2024 revenue was $2.2B).
| Year | Annual Revenue |
|---|---|
| 2024 | $2.2B |
| 2023 | $2.2B |
| 2022 | $2.0B |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $793.5M | $396.3M | $560.8M | $753.6M | $515.0M | $602.1M | $706.8M | $556.6M |
| YoY Growth | 78.1% | -31.9% | 17.7% | 140.0% | -35.1% | 51.9% | 26.0% | -26.1% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.48B | $4.63B | $4.72B | $5.06B | $5.60B | $5.67B | $5.70B | $5.49B |
| Liabilities | $2.44B | $2.63B | $2.66B | $2.74B | $3.28B | $3.27B | $3.29B | $3.25B |
| Equity | $2.05B | $2.00B | $2.07B | $2.31B | $2.32B | $2.40B | $2.41B | $2.24B |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $342.4M | $392.1M | $340.5M | $385.8M | $290.3M | $407.4M | $362.1M | $423.1M |
More Companies
SHEL
Shell plc
Revenue
$65.4B
Net Profit
$3.6B
TTE
TotalEnergies SE
ENB
ENBRIDGE INC
PBR
PETROBRAS - PETROLEO BRASILEIRO SA
Revenue
$21.0B
Net Profit
$4.8B
BP
BP PLC
Revenue
$47.7B
Net Profit
$1.9B
EPD
ENTERPRISE PRODUCTS PARTNERS L.P.
Revenue
$12.0B
Net Profit
$1.3B
EQNR
EQUINOR ASA
Revenue
$26.0B
Net Profit
$-204.0M
SU
SUNCOR ENERGY INC
ET
Energy Transfer LP
Revenue
$20.0B
Net Profit
$1.0B
E
ENI SPA