vs
Side-by-side financial comparison of NORTHERN OIL & GAS, INC. (NOG) and PJT Partners Inc. (PJT). 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 $531.4M, roughly 1.1× PJT Partners Inc.). PJT Partners Inc. runs the higher net margin — 10.0% vs -11.6%, a 21.6% gap on every dollar of revenue. On growth, PJT Partners Inc. posted the faster year-over-year revenue change (12.9% vs -72.6%). PJT Partners Inc. produced more free cash flow last quarter ($138.6M vs $43.2M). Over the past eight quarters, PJT Partners Inc.'s revenue compounded faster (27.5% 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.
PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.
NOG vs PJT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $610.2M | $531.4M |
| Net Profit | $-70.7M | $53.4M |
| Gross Margin | — | — |
| Operating Margin | — | 23.1% |
| Net Margin | -11.6% | 10.0% |
| Revenue YoY | -72.6% | 12.9% |
| Net Profit YoY | -198.7% | 4.0% |
| EPS (diluted) | $-0.73 | — |
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 | — | ||
| Q4 25 | $610.2M | $531.4M | ||
| Q3 25 | $556.6M | $442.3M | ||
| Q2 25 | $706.8M | $401.1M | ||
| Q1 25 | $602.1M | $321.9M | ||
| Q4 24 | $515.0M | $470.5M | ||
| Q3 24 | $753.6M | $320.3M | ||
| Q2 24 | $560.8M | $358.1M |
| Q1 26 | $-70.7M | — | ||
| Q4 25 | $-70.7M | $53.4M | ||
| Q3 25 | $-129.1M | $39.8M | ||
| Q2 25 | $99.6M | $32.9M | ||
| Q1 25 | $139.0M | $54.0M | ||
| Q4 24 | $71.7M | $51.3M | ||
| Q3 24 | $298.4M | $22.1M | ||
| Q2 24 | $138.6M | $28.3M |
| 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% | 23.1% | ||
| Q3 25 | -22.6% | 20.6% | ||
| Q2 25 | 24.9% | 19.1% | ||
| Q1 25 | 38.1% | 16.3% | ||
| Q4 24 | 25.8% | 21.9% | ||
| Q3 24 | 57.6% | 15.4% | ||
| Q2 24 | 39.0% | 18.0% |
| Q1 26 | -11.6% | — | ||
| Q4 25 | -11.6% | 10.0% | ||
| Q3 25 | -23.2% | 9.0% | ||
| Q2 25 | 14.1% | 8.2% | ||
| Q1 25 | 23.1% | 16.8% | ||
| Q4 24 | 13.9% | 10.9% | ||
| Q3 24 | 39.6% | 6.9% | ||
| Q2 24 | 24.7% | 7.9% |
| Q1 26 | $-0.73 | — | ||
| Q4 25 | $-0.67 | — | ||
| Q3 25 | $-1.33 | — | ||
| Q2 25 | $1.00 | — | ||
| Q1 25 | $1.39 | — | ||
| Q4 24 | $0.71 | — | ||
| Q3 24 | $2.96 | — | ||
| Q2 24 | $1.36 | — |
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 | $538.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.1B | $308.2M |
| Total Assets | $5.4B | $1.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $14.3M | — | ||
| Q4 25 | $14.3M | $538.9M | ||
| Q3 25 | $31.6M | $400.5M | ||
| Q2 25 | $25.9M | $214.6M | ||
| Q1 25 | $33.6M | $194.3M | ||
| Q4 24 | $8.9M | $483.9M | ||
| Q3 24 | $34.4M | $148.8M | ||
| Q2 24 | $7.8M | $164.2M |
| 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 | — | ||
| Q4 25 | $2.1B | $308.2M | ||
| Q3 25 | $2.2B | $228.6M | ||
| Q2 25 | $2.4B | $167.4M | ||
| Q1 25 | $2.4B | $148.8M | ||
| Q4 24 | $2.3B | $187.0M | ||
| Q3 24 | $2.3B | $159.1M | ||
| Q2 24 | $2.1B | $133.8M |
| Q1 26 | $5.4B | — | ||
| Q4 25 | $5.4B | $1.8B | ||
| Q3 25 | $5.5B | $1.7B | ||
| Q2 25 | $5.7B | $1.5B | ||
| Q1 25 | $5.7B | $1.4B | ||
| Q4 24 | $5.6B | $1.6B | ||
| Q3 24 | $5.1B | $1.6B | ||
| Q2 24 | $4.7B | $1.4B |
| 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 | $155.7M |
| Free Cash FlowOCF − Capex | $43.2M | $138.6M |
| FCF MarginFCF / Revenue | 7.1% | 26.1% |
| Capex IntensityCapex / Revenue | 31.5% | 3.2% |
| Cash ConversionOCF / Net Profit | — | 2.92× |
| TTM Free Cash FlowTrailing 4 quarters | — | $480.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $312.6M | — | ||
| Q4 25 | $312.6M | $155.7M | ||
| Q3 25 | $423.1M | $256.1M | ||
| Q2 25 | $362.1M | $190.4M | ||
| Q1 25 | $407.4M | $-75.9M | ||
| Q4 24 | $290.3M | $195.7M | ||
| Q3 24 | $385.8M | $180.5M | ||
| Q2 24 | $340.5M | $193.6M |
| Q1 26 | $43.2M | — | ||
| Q4 25 | — | $138.6M | ||
| Q3 25 | — | $240.9M | ||
| Q2 25 | — | $178.9M | ||
| Q1 25 | — | $-77.9M | ||
| Q4 24 | — | $195.3M | ||
| Q3 24 | — | $178.5M | ||
| Q2 24 | — | $193.0M |
| Q1 26 | 7.1% | — | ||
| Q4 25 | — | 26.1% | ||
| Q3 25 | — | 54.5% | ||
| Q2 25 | — | 44.6% | ||
| Q1 25 | — | -24.2% | ||
| Q4 24 | — | 41.5% | ||
| Q3 24 | — | 55.7% | ||
| Q2 24 | — | 53.9% |
| Q1 26 | 31.5% | — | ||
| Q4 25 | — | 3.2% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 2.9% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.92× | ||
| Q3 25 | — | 6.43× | ||
| Q2 25 | 3.64× | 5.79× | ||
| Q1 25 | 2.93× | -1.41× | ||
| Q4 24 | 4.05× | 3.81× | ||
| Q3 24 | 1.29× | 8.15× | ||
| Q2 24 | 2.46× | 6.84× |
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% |
PJT
Segment breakdown not available.
