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Side-by-side financial comparison of NORTHERN OIL & GAS, INC. (NOG) and Westrock Coffee Co (WEST). 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 $339.5M, roughly 1.8× Westrock Coffee Co). Westrock Coffee Co runs the higher net margin — -6.6% vs -11.6%, a 4.9% gap on every dollar of revenue. On growth, Westrock Coffee Co posted the faster year-over-year revenue change (48.3% vs -72.6%). NORTHERN OIL & GAS, INC. produced more free cash flow last quarter ($43.2M vs $27.8M). Over the past eight quarters, Westrock Coffee Co's revenue compounded faster (32.8% 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.
Westrock Coffee Co is a global integrated coffee, tea and functional beverage solutions provider. It sources, roasts, manufactures and distributes coffee products, ready-to-drink beverages and custom formulations for retail, foodservice and commercial clients across North America and other key markets.
NOG vs WEST — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $610.2M | $339.5M |
| Net Profit | $-70.7M | $-22.6M |
| Gross Margin | — | 11.5% |
| Operating Margin | — | -2.6% |
| Net Margin | -11.6% | -6.6% |
| Revenue YoY | -72.6% | 48.3% |
| Net Profit YoY | -198.7% | 8.3% |
| EPS (diluted) | $-0.73 | $-0.22 |
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 | $339.5M | ||
| Q3 25 | $556.6M | $354.8M | ||
| Q2 25 | $706.8M | $280.9M | ||
| Q1 25 | $602.1M | $213.8M | ||
| Q4 24 | $515.0M | $229.0M | ||
| Q3 24 | $753.6M | $220.9M | ||
| Q2 24 | $560.8M | $208.4M |
| Q1 26 | $-70.7M | — | ||
| Q4 25 | $-70.7M | $-22.6M | ||
| Q3 25 | $-129.1M | $-19.1M | ||
| Q2 25 | $99.6M | $-21.6M | ||
| Q1 25 | $139.0M | $-27.2M | ||
| Q4 24 | $71.7M | $-24.6M | ||
| Q3 24 | $298.4M | $-14.3M | ||
| Q2 24 | $138.6M | $-17.8M |
| Q1 26 | — | — | ||
| Q4 25 | 80.4% | 11.5% | ||
| Q3 25 | 78.7% | 11.7% | ||
| Q2 25 | 82.8% | 14.7% | ||
| Q1 25 | 81.1% | 13.6% | ||
| Q4 24 | 77.4% | 16.6% | ||
| Q3 24 | 85.8% | 16.8% | ||
| Q2 24 | 82.0% | 19.9% |
| Q1 26 | — | — | ||
| Q4 25 | -5.5% | -2.6% | ||
| Q3 25 | -22.6% | -2.4% | ||
| Q2 25 | 24.9% | -5.3% | ||
| Q1 25 | 38.1% | -6.1% | ||
| Q4 24 | 25.8% | -4.3% | ||
| Q3 24 | 57.6% | -5.8% | ||
| Q2 24 | 39.0% | -7.9% |
| Q1 26 | -11.6% | — | ||
| Q4 25 | -11.6% | -6.6% | ||
| Q3 25 | -23.2% | -5.4% | ||
| Q2 25 | 14.1% | -7.7% | ||
| Q1 25 | 23.1% | -12.7% | ||
| Q4 24 | 13.9% | -10.7% | ||
| Q3 24 | 39.6% | -6.5% | ||
| Q2 24 | 24.7% | -8.5% |
| Q1 26 | $-0.73 | — | ||
| Q4 25 | $-0.67 | $-0.22 | ||
| Q3 25 | $-1.33 | $-0.20 | ||
| Q2 25 | $1.00 | $-0.23 | ||
| Q1 25 | $1.39 | $-0.29 | ||
| Q4 24 | $0.71 | $-0.26 | ||
| Q3 24 | $2.96 | $-0.16 | ||
| Q2 24 | $1.36 | $-0.20 |
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 | $49.9M |
| Total DebtLower is stronger | — | $444.1M |
| Stockholders' EquityBook value | $2.1B | $-1.9M |
| Total Assets | $5.4B | $1.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $14.3M | — | ||
| Q4 25 | $14.3M | $49.9M | ||
| Q3 25 | $31.6M | $34.0M | ||
| Q2 25 | $25.9M | $44.0M | ||
| Q1 25 | $33.6M | $33.1M | ||
| Q4 24 | $8.9M | $26.2M | ||
| Q3 24 | $34.4M | $22.4M | ||
| Q2 24 | $7.8M | $24.3M |
| Q1 26 | — | — | ||
| Q4 25 | $2.4B | $444.1M | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.4B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.4B | $393.1M | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $1.9B | — |
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $-1.9M | ||
| Q3 25 | $2.2B | $11.4M | ||
| Q2 25 | $2.4B | $18.2M | ||
| Q1 25 | $2.4B | $71.4M | ||
| Q4 24 | $2.3B | $97.5M | ||
| Q3 24 | $2.3B | $110.3M | ||
| Q2 24 | $2.1B | $81.5M |
| Q1 26 | $5.4B | — | ||
| Q4 25 | $5.4B | $1.2B | ||
| Q3 25 | $5.5B | $1.2B | ||
| Q2 25 | $5.7B | $1.2B | ||
| Q1 25 | $5.7B | $1.1B | ||
| Q4 24 | $5.6B | $1.1B | ||
| Q3 24 | $5.1B | $1.1B | ||
| Q2 24 | $4.7B | $1.1B |
| Q1 26 | — | — | ||
| Q4 25 | 1.13× | — | ||
| Q3 25 | 1.05× | — | ||
| Q2 25 | 0.98× | — | ||
| Q1 25 | 0.96× | — | ||
| Q4 24 | 1.02× | 4.03× | ||
| 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 | $36.7M |
| Free Cash FlowOCF − Capex | $43.2M | $27.8M |
| FCF MarginFCF / Revenue | 7.1% | 8.2% |
| Capex IntensityCapex / Revenue | 31.5% | 2.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-107.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $312.6M | — | ||
| Q4 25 | $312.6M | $36.7M | ||
| Q3 25 | $423.1M | $-26.6M | ||
| Q2 25 | $362.1M | $-7.0M | ||
| Q1 25 | $407.4M | $-22.1M | ||
| Q4 24 | $290.3M | $2.8M | ||
| Q3 24 | $385.8M | $-332.0K | ||
| Q2 24 | $340.5M | $-23.7M |
| Q1 26 | $43.2M | — | ||
| Q4 25 | — | $27.8M | ||
| Q3 25 | — | $-44.7M | ||
| Q2 25 | — | $-27.5M | ||
| Q1 25 | — | $-63.4M | ||
| Q4 24 | — | $-15.4M | ||
| Q3 24 | — | $-36.7M | ||
| Q2 24 | — | $-59.9M |
| Q1 26 | 7.1% | — | ||
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | -12.6% | ||
| Q2 25 | — | -9.8% | ||
| Q1 25 | — | -29.7% | ||
| Q4 24 | — | -6.7% | ||
| Q3 24 | — | -16.6% | ||
| Q2 24 | — | -28.7% |
| Q1 26 | 31.5% | — | ||
| Q4 25 | — | 2.6% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 7.3% | ||
| Q1 25 | — | 19.3% | ||
| Q4 24 | — | 7.9% | ||
| Q3 24 | — | 16.5% | ||
| Q2 24 | — | 17.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.64× | — | ||
| Q1 25 | 2.93× | — | ||
| Q4 24 | 4.05× | — | ||
| Q3 24 | 1.29× | — | ||
| Q2 24 | 2.46× | — |
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% |
WEST
| Coffee And Tea | $202.6M | 60% |
| Flavors Extracts And Ingredients | $69.6M | 21% |
| Sustainable Sourcing And Traceability Segments | $66.9M | 20% |
