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Side-by-side financial comparison of NORTHERN OIL & GAS, INC. (NOG) and PROSPERITY BANCSHARES INC (PB). Click either name above to swap in a different company.
NORTHERN OIL & GAS, INC. is the larger business by last-quarter revenue ($610.2M vs $367.6M, roughly 1.7× PROSPERITY BANCSHARES INC). PROSPERITY BANCSHARES INC runs the higher net margin — 31.6% vs -11.6%, a 43.2% gap on every dollar of revenue. Over the past eight quarters, PROSPERITY BANCSHARES INC's revenue compounded faster (19.2% CAGR vs 4.3%).
Marathon Oil Corporation was an American company engaged in hydrocarbon exploration. In November 2024, it was acquired by ConocoPhillips and absorbed into the company.
Prosperity Bancshares, Inc. is a bank holding company headquartered in Houston, Texas with operations in Texas and central Oklahoma. As of December 31, 2019, the company operated 285 branches: 65 in the Houston area, including The Woodlands, Texas; 30 in South Texas, including Corpus Christi, Texas and Victoria, Texas; 75 in the Dallas–Fort Worth metroplex; 22 in East Texas; 29 in Central Texas, including Austin, Texas and San Antonio; 34 in West Texas, including Lubbock, Texas, Midland–Odess...
NOG vs PB — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $610.2M | $367.6M |
| Net Profit | $-70.7M | $116.3M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | -11.6% | 31.6% |
| Revenue YoY | -72.6% | — |
| Net Profit YoY | -198.7% | -10.7% |
| EPS (diluted) | $-0.73 | $1.16 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $610.2M | $367.6M | ||
| Q4 25 | $610.2M | $275.0M | ||
| Q3 25 | $556.6M | $273.4M | ||
| Q2 25 | $706.8M | $267.7M | ||
| Q1 25 | $602.1M | $265.4M | ||
| Q4 24 | $515.0M | $267.8M | ||
| Q3 24 | $753.6M | $261.7M | ||
| Q2 24 | $560.8M | $258.8M |
| Q1 26 | $-70.7M | $116.3M | ||
| Q4 25 | $-70.7M | $139.9M | ||
| Q3 25 | $-129.1M | $137.6M | ||
| Q2 25 | $99.6M | $135.2M | ||
| Q1 25 | $139.0M | $130.2M | ||
| Q4 24 | $71.7M | $130.1M | ||
| Q3 24 | $298.4M | $127.3M | ||
| Q2 24 | $138.6M | $111.6M |
| Q1 26 | — | — | ||
| Q4 25 | 80.4% | — | ||
| Q3 25 | 78.7% | — | ||
| Q2 25 | 82.8% | — | ||
| Q1 25 | 81.1% | — | ||
| Q4 24 | 77.4% | — | ||
| Q3 24 | 85.8% | — | ||
| Q2 24 | 82.0% | — |
| Q1 26 | — | — | ||
| Q4 25 | -5.5% | 65.1% | ||
| Q3 25 | -22.6% | 64.4% | ||
| Q2 25 | 24.9% | 64.3% | ||
| Q1 25 | 38.1% | 62.7% | ||
| Q4 24 | 25.8% | 62.0% | ||
| Q3 24 | 57.6% | 62.1% | ||
| Q2 24 | 39.0% | 55.2% |
| Q1 26 | -11.6% | 31.6% | ||
| Q4 25 | -11.6% | 50.9% | ||
| Q3 25 | -23.2% | 50.3% | ||
| Q2 25 | 14.1% | 50.5% | ||
| Q1 25 | 23.1% | 49.1% | ||
| Q4 24 | 13.9% | 48.6% | ||
| Q3 24 | 39.6% | 48.6% | ||
| Q2 24 | 24.7% | 43.1% |
| Q1 26 | $-0.73 | $1.16 | ||
| Q4 25 | $-0.67 | $1.48 | ||
| Q3 25 | $-1.33 | $1.45 | ||
| Q2 25 | $1.00 | $1.42 | ||
| Q1 25 | $1.39 | $1.37 | ||
| Q4 24 | $0.71 | $1.36 | ||
| Q3 24 | $2.96 | $1.34 | ||
| Q2 24 | $1.36 | $1.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $14.3M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.1B | $8.2B |
| Total Assets | $5.4B | $43.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $14.3M | — | ||
| Q4 25 | $14.3M | — | ||
| Q3 25 | $31.6M | — | ||
| Q2 25 | $25.9M | — | ||
| Q1 25 | $33.6M | — | ||
| Q4 24 | $8.9M | — | ||
| Q3 24 | $34.4M | — | ||
| Q2 24 | $7.8M | — |
| Q1 26 | — | — | ||
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.4B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $1.9B | — |
| Q1 26 | $2.1B | $8.2B | ||
| Q4 25 | $2.1B | $7.6B | ||
| Q3 25 | $2.2B | $7.7B | ||
| Q2 25 | $2.4B | $7.6B | ||
| Q1 25 | $2.4B | $7.5B | ||
| Q4 24 | $2.3B | $7.4B | ||
| Q3 24 | $2.3B | $7.4B | ||
| Q2 24 | $2.1B | $7.3B |
| Q1 26 | $5.4B | $43.6B | ||
| Q4 25 | $5.4B | $38.5B | ||
| Q3 25 | $5.5B | $38.3B | ||
| Q2 25 | $5.7B | $38.4B | ||
| Q1 25 | $5.7B | $38.8B | ||
| Q4 24 | $5.6B | $39.6B | ||
| Q3 24 | $5.1B | $40.1B | ||
| Q2 24 | $4.7B | $39.8B |
| Q1 26 | — | — | ||
| Q4 25 | 1.13× | — | ||
| Q3 25 | 1.05× | — | ||
| Q2 25 | 0.98× | — | ||
| Q1 25 | 0.96× | — | ||
| Q4 24 | 1.02× | — | ||
| Q3 24 | 0.84× | — | ||
| Q2 24 | 0.91× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $312.6M | — |
| Free Cash FlowOCF − Capex | $43.2M | — |
| FCF MarginFCF / Revenue | 7.1% | — |
| Capex IntensityCapex / Revenue | 31.5% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $312.6M | — | ||
| Q4 25 | $312.6M | $78.3M | ||
| Q3 25 | $423.1M | $194.8M | ||
| Q2 25 | $362.1M | $98.2M | ||
| Q1 25 | $407.4M | $178.2M | ||
| Q4 24 | $290.3M | $-205.8M | ||
| Q3 24 | $385.8M | $274.6M | ||
| Q2 24 | $340.5M | $216.5M |
| Q1 26 | $43.2M | — | ||
| Q4 25 | — | $68.5M | ||
| Q3 25 | — | $185.7M | ||
| Q2 25 | — | $91.8M | ||
| Q1 25 | — | $171.1M | ||
| Q4 24 | — | $-210.7M | ||
| Q3 24 | — | $270.2M | ||
| Q2 24 | — | $211.8M |
| Q1 26 | 7.1% | — | ||
| Q4 25 | — | 24.9% | ||
| Q3 25 | — | 67.9% | ||
| Q2 25 | — | 34.3% | ||
| Q1 25 | — | 64.5% | ||
| Q4 24 | — | -78.7% | ||
| Q3 24 | — | 103.3% | ||
| Q2 24 | — | 81.8% |
| Q1 26 | 31.5% | — | ||
| Q4 25 | — | 3.6% | ||
| Q3 25 | — | 3.3% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | — | 2.7% | ||
| Q4 24 | — | 1.8% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 1.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.56× | ||
| Q3 25 | — | 1.42× | ||
| Q2 25 | 3.64× | 0.73× | ||
| Q1 25 | 2.93× | 1.37× | ||
| Q4 24 | 4.05× | -1.58× | ||
| Q3 24 | 1.29× | 2.16× | ||
| Q2 24 | 2.46× | 1.94× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NOG
| Oil and Gas Sales | $447.7M | 73% |
| Gain on Commodity Derivatives, Net | $159.3M | 26% |
| Other Revenue | $3.1M | 1% |
PB
| Net Interest Income | $321.1M | 87% |
| Noninterest Income | $46.5M | 13% |
