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NORTHERN OIL & GAS, INC.（NOG）与罗塞塔石碑（STEP）财务数据对比。点击上方公司名可切换其他公司
NORTHERN OIL & GAS, INC.的季度营收约是罗塞塔石碑的1.0倍（$610.2M vs $586.5M），NORTHERN OIL & GAS, INC.净利率更高（-11.6% vs -21.0%，领先9.5%），罗塞塔石碑同比增速更快（73.0% vs -72.6%），NORTHERN OIL & GAS, INC.自由现金流更多（$43.2M vs $26.7M），过去两年罗塞塔石碑的营收复合增速更高（28.2% vs 4.3%）
Marathon Oil Corporation是一家美国油气勘探开发企业，核心业务涵盖油气资源的勘探、开采与运营，2024年11月被康菲石油收购，相关业务与资产已并入康菲石油体系。
罗塞塔石碑是美国教育科技软件企业，开发语言学习、读写能力提升及脑训练类软件，旗下语言学习产品知名度极高。2013年公司收购Livemocha、Lexia Learning等品牌拓展教育科技业务矩阵，2021年正式成为IXL Learning的子公司。
NOG vs STEP — 直观对比
营收规模更大
NOG
是对方的1.0倍
$586.5M
营收增速更快
STEP
高出145.6%
-72.6%
净利率更高
NOG
高出9.5%
-21.0%
自由现金流更多
NOG
多$16.5M
$26.7M
两年增速更快
STEP
近两年复合增速
4.3%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $610.2M | $586.5M |
| 净利润 | $-70.7M | $-123.5M |
| 毛利率 | — | — |
| 营业利润率 | — | -33.2% |
| 净利率 | -11.6% | -21.0% |
| 营收同比 | -72.6% | 73.0% |
| 净利润同比 | -198.7% | 35.7% |
| 每股收益（稀释后） | $-0.73 | $-1.55 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收NOGSTEP
| Q1 26 | $610.2M | — | ||
| Q4 25 | $610.2M | $586.5M | ||
| Q3 25 | $556.6M | $454.2M | ||
| Q2 25 | $706.8M | $364.3M | ||
| Q1 25 | $602.1M | $377.7M | ||
| Q4 24 | $515.0M | $339.0M | ||
| Q3 24 | $753.6M | $271.7M | ||
| Q2 24 | $560.8M | $186.4M |
净利润NOGSTEP
| Q1 26 | $-70.7M | — | ||
| Q4 25 | $-70.7M | $-123.5M | ||
| Q3 25 | $-129.1M | $-366.1M | ||
| Q2 25 | $99.6M | $-38.4M | ||
| Q1 25 | $139.0M | $-18.5M | ||
| Q4 24 | $71.7M | $-192.0M | ||
| Q3 24 | $298.4M | $17.6M | ||
| Q2 24 | $138.6M | $13.3M |
毛利率NOGSTEP
| 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% | — |
营业利润率NOGSTEP
| Q1 26 | — | — | ||
| Q4 25 | -5.5% | -33.2% | ||
| Q3 25 | -22.6% | -148.8% | ||
| Q2 25 | 24.9% | -5.6% | ||
| Q1 25 | 38.1% | 2.6% | ||
| Q4 24 | 25.8% | -101.7% | ||
| Q3 24 | 57.6% | 21.3% | ||
| Q2 24 | 39.0% | 29.4% |
净利率NOGSTEP
| Q1 26 | -11.6% | — | ||
| Q4 25 | -11.6% | -21.0% | ||
| Q3 25 | -23.2% | -80.6% | ||
| Q2 25 | 14.1% | -10.5% | ||
| Q1 25 | 23.1% | -4.9% | ||
| Q4 24 | 13.9% | -56.6% | ||
| Q3 24 | 39.6% | 6.5% | ||
| Q2 24 | 24.7% | 7.2% |
每股收益（稀释后）NOGSTEP
| Q1 26 | $-0.73 | — | ||
| Q4 25 | $-0.67 | $-1.55 | ||
| Q3 25 | $-1.33 | $-4.66 | ||
| Q2 25 | $1.00 | $-0.49 | ||
| Q1 25 | $1.39 | $-0.37 | ||
| Q4 24 | $0.71 | $-2.61 | ||
| Q3 24 | $2.96 | $0.26 | ||
| Q2 24 | $1.36 | $0.20 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $14.3M | — |
| 总债务越低越好 | — | $270.2M |
| 股东权益账面价值 | $2.1B | $-378.8M |
| 总资产 | $5.4B | $5.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资NOGSTEP
| 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 | — |
总债务NOGSTEP
| Q1 26 | — | — | ||
| Q4 25 | $2.4B | $270.2M | ||
| Q3 25 | $2.3B | $269.9M | ||
| Q2 25 | $2.4B | $269.6M | ||
| Q1 25 | $2.3B | $269.3M | ||
| Q4 24 | $2.4B | $168.9M | ||
| Q3 24 | $2.0B | $172.3M | ||
| Q2 24 | $1.9B | $172.1M |
股东权益NOGSTEP
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $-378.8M | ||
| Q3 25 | $2.2B | $-233.5M | ||
| Q2 25 | $2.4B | $153.9M | ||
| Q1 25 | $2.4B | $179.4M | ||
| Q4 24 | $2.3B | $209.8M | ||
| Q3 24 | $2.3B | $397.5M | ||
| Q2 24 | $2.1B | $366.9M |
总资产NOGSTEP
| Q1 26 | $5.4B | — | ||
| Q4 25 | $5.4B | $5.2B | ||
| Q3 25 | $5.5B | $5.3B | ||
| Q2 25 | $5.7B | $4.8B | ||
| Q1 25 | $5.7B | $4.6B | ||
| Q4 24 | $5.6B | $4.3B | ||
| Q3 24 | $5.1B | $4.0B | ||
| Q2 24 | $4.7B | $3.8B |
负债/权益比NOGSTEP
| Q1 26 | — | — | ||
| Q4 25 | 1.13× | — | ||
| Q3 25 | 1.05× | — | ||
| Q2 25 | 0.98× | 1.75× | ||
| Q1 25 | 0.96× | 1.50× | ||
| Q4 24 | 1.02× | 0.81× | ||
| Q3 24 | 0.84× | 0.43× | ||
| Q2 24 | 0.91× | 0.47× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $312.6M | $27.2M |
| 自由现金流经营现金流 - 资本支出 | $43.2M | $26.7M |
| 自由现金流率自由现金流/营收 | 7.1% | 4.6% |
| 资本支出强度资本支出/营收 | 31.5% | 0.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $18.6M |
8季度趋势，按日历期对齐
经营现金流NOGSTEP
| Q1 26 | $312.6M | — | ||
| Q4 25 | $312.6M | $27.2M | ||
| Q3 25 | $423.1M | $16.2M | ||
| Q2 25 | $362.1M | $46.3M | ||
| Q1 25 | $407.4M | $-66.5M | ||
| Q4 24 | $290.3M | $27.6M | ||
| Q3 24 | $385.8M | $53.7M | ||
| Q2 24 | $340.5M | $50.2M |
自由现金流NOGSTEP
| Q1 26 | $43.2M | — | ||
| Q4 25 | — | $26.7M | ||
| Q3 25 | — | $15.9M | ||
| Q2 25 | — | $45.2M | ||
| Q1 25 | — | $-69.2M | ||
| Q4 24 | — | $27.0M | ||
| Q3 24 | — | $52.4M | ||
| Q2 24 | — | $49.6M |
自由现金流率NOGSTEP
| Q1 26 | 7.1% | — | ||
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 3.5% | ||
| Q2 25 | — | 12.4% | ||
| Q1 25 | — | -18.3% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | — | 19.3% | ||
| Q2 24 | — | 26.6% |
资本支出强度NOGSTEP
| Q1 26 | 31.5% | — | ||
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.3% |
现金转化率NOGSTEP
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.64× | — | ||
| Q1 25 | 2.93× | — | ||
| Q4 24 | 4.05× | — | ||
| Q3 24 | 1.29× | 3.05× | ||
| Q2 24 | 2.46× | 3.76× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
NOG
| Oil and Gas Sales | $447.7M | 73% |
| Gain on Commodity Derivatives, Net | $159.3M | 26% |
| Other Revenue | $3.1M | 1% |
STEP
| Other | $210.1M | 36% |
| Management And Advisory Fees Net Focused Commingled Funds | $143.3M | 24% |
| Carried Interest Allocation Focused Commingled Funds | $85.1M | 15% |
| Carried Interest Allocation Separately Managed Accounts | $63.6M | 11% |
| Carried Interest Allocation Realized | $46.7M | 8% |
| Management And Advisory Fees Net Advisory And Other Services | $18.3M | 3% |
| Legacy Carried Interest Allocation Focused Commingled Funds | $10.3M | 2% |
| Income Based Incentive Fees | $6.0M | 1% |
| Management And Advisory Fees Net Fund Reimbursement Revenues | $3.1M | 1% |
