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Side-by-side financial comparison of NORTHERN OIL & GAS, INC. (NOG) and PRA GROUP INC (PRAA). 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 $333.4M, roughly 1.8× PRA GROUP INC). PRA GROUP INC runs the higher net margin — 17.0% vs -11.6%, a 28.5% gap on every dollar of revenue. On growth, PRA GROUP INC posted the faster year-over-year revenue change (13.7% vs -72.6%). NORTHERN OIL & GAS, INC. produced more free cash flow last quarter ($43.2M vs $-90.4M). Over the past eight quarters, PRA GROUP INC's revenue compounded faster (14.2% 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.
PRA Group, Inc. is a publicly traded debt buyer and debt collection company based in Norfolk, Virginia. The company buys delinquent consumer debt from credit card issuers and other financial institutions at a discount and pursues collection of the full debt owed. Founded in 1996, PRA Group employs more than 3200 people in 18 countries.
NOG vs PRAA — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $610.2M | $333.4M |
| Net Profit | $-70.7M | $56.5M |
| Gross Margin | — | — |
| Operating Margin | — | 37.7% |
| Net Margin | -11.6% | 17.0% |
| Revenue YoY | -72.6% | 13.7% |
| Net Profit YoY | -198.7% | 206.3% |
| EPS (diluted) | $-0.73 | $1.47 |
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 | $333.4M | ||
| Q3 25 | $556.6M | $311.1M | ||
| Q2 25 | $706.8M | $287.7M | ||
| Q1 25 | $602.1M | $269.6M | ||
| Q4 24 | $515.0M | $293.2M | ||
| Q3 24 | $753.6M | $281.5M | ||
| Q2 24 | $560.8M | $284.2M |
| Q1 26 | $-70.7M | — | ||
| Q4 25 | $-70.7M | $56.5M | ||
| Q3 25 | $-129.1M | $-407.7M | ||
| Q2 25 | $99.6M | $42.4M | ||
| Q1 25 | $139.0M | $3.7M | ||
| Q4 24 | $71.7M | $18.5M | ||
| Q3 24 | $298.4M | $27.2M | ||
| Q2 24 | $138.6M | $21.5M |
| 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% | 37.7% | ||
| Q3 25 | -22.6% | -101.4% | ||
| Q2 25 | 24.9% | 29.6% | ||
| Q1 25 | 38.1% | 27.7% | ||
| Q4 24 | 25.8% | 32.1% | ||
| Q3 24 | 57.6% | 32.0% | ||
| Q2 24 | 39.0% | 31.4% |
| Q1 26 | -11.6% | — | ||
| Q4 25 | -11.6% | 17.0% | ||
| Q3 25 | -23.2% | -131.0% | ||
| Q2 25 | 14.1% | 14.7% | ||
| Q1 25 | 23.1% | 1.4% | ||
| Q4 24 | 13.9% | 6.3% | ||
| Q3 24 | 39.6% | 9.6% | ||
| Q2 24 | 24.7% | 7.6% |
| Q1 26 | $-0.73 | — | ||
| Q4 25 | $-0.67 | $1.47 | ||
| Q3 25 | $-1.33 | $-10.43 | ||
| Q2 25 | $1.00 | $1.08 | ||
| Q1 25 | $1.39 | $0.09 | ||
| Q4 24 | $0.71 | $0.47 | ||
| Q3 24 | $2.96 | $0.69 | ||
| Q2 24 | $1.36 | $0.54 |
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 | $104.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.1B | $979.9M |
| Total Assets | $5.4B | $5.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $14.3M | — | ||
| Q4 25 | $14.3M | $104.4M | ||
| Q3 25 | $31.6M | $107.5M | ||
| Q2 25 | $25.9M | $131.6M | ||
| Q1 25 | $33.6M | $128.7M | ||
| Q4 24 | $8.9M | $105.9M | ||
| Q3 24 | $34.4M | $141.1M | ||
| Q2 24 | $7.8M | $118.9M |
| 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 | $979.9M | ||
| Q3 25 | $2.2B | $928.5M | ||
| Q2 25 | $2.4B | $1.3B | ||
| Q1 25 | $2.4B | $1.2B | ||
| Q4 24 | $2.3B | $1.1B | ||
| Q3 24 | $2.3B | $1.2B | ||
| Q2 24 | $2.1B | $1.1B |
| Q1 26 | $5.4B | — | ||
| Q4 25 | $5.4B | $5.1B | ||
| Q3 25 | $5.5B | $5.0B | ||
| Q2 25 | $5.7B | $5.4B | ||
| Q1 25 | $5.7B | $5.1B | ||
| Q4 24 | $5.6B | $4.9B | ||
| Q3 24 | $5.1B | $4.9B | ||
| Q2 24 | $4.7B | $4.7B |
| 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 | $-85.5M |
| Free Cash FlowOCF − Capex | $43.2M | $-90.4M |
| FCF MarginFCF / Revenue | 7.1% | -27.1% |
| Capex IntensityCapex / Revenue | 31.5% | 1.4% |
| Cash ConversionOCF / Net Profit | — | -1.51× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-169.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $312.6M | — | ||
| Q4 25 | $312.6M | $-85.5M | ||
| Q3 25 | $423.1M | $-10.1M | ||
| Q2 25 | $362.1M | $-12.9M | ||
| Q1 25 | $407.4M | $-52.6M | ||
| Q4 24 | $290.3M | $-94.6M | ||
| Q3 24 | $385.8M | $-35.0M | ||
| Q2 24 | $340.5M | $-29.5M |
| Q1 26 | $43.2M | — | ||
| Q4 25 | — | $-90.4M | ||
| Q3 25 | — | $-11.3M | ||
| Q2 25 | — | $-14.2M | ||
| Q1 25 | — | $-53.5M | ||
| Q4 24 | — | $-98.6M | ||
| Q3 24 | — | $-36.1M | ||
| Q2 24 | — | $-30.8M |
| Q1 26 | 7.1% | — | ||
| Q4 25 | — | -27.1% | ||
| Q3 25 | — | -3.6% | ||
| Q2 25 | — | -4.9% | ||
| Q1 25 | — | -19.8% | ||
| Q4 24 | — | -33.6% | ||
| Q3 24 | — | -12.8% | ||
| Q2 24 | — | -10.8% |
| Q1 26 | 31.5% | — | ||
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | -1.51× | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.64× | -0.30× | ||
| Q1 25 | 2.93× | -14.37× | ||
| Q4 24 | 4.05× | -5.13× | ||
| Q3 24 | 1.29× | -1.29× | ||
| Q2 24 | 2.46× | -1.37× |
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% |
PRAA
| GB | $170.1M | 51% |
| Other | $163.3M | 49% |
