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Northern Oil and Gas, Inc.

corporate_fare Company Profile

Northern Oil and Gas, Inc.

NOG·NYSE·Energy & Transportation·CIK 0001104485

NORTHERN OIL & GAS, INC. is an independent energy company that acquires, explores, develops, and produces oil and natural gas properties in the United States. The company operates as a non-operator, primarily focusing on the Williston Basin, the Permian Basin, the Appalachian Basin, and the Uinta Basin. Its strategy involves investing in non-operated minority working and mineral interests in oil and natural gas properties within these premier U.S. basins. As a non-operator, NORTHERN OIL & GAS, INC. diversifies its investment by participating in a large number of gross wells and entering additional project areas through partnerships with numerous experienced operating partners or value-enhancing acquisitions. This approach provides flexibility in capital expenditures, as the company can generally elect to participate on a well-by-well basis and is not bound by minimum drilling obligations. It also avoids the exploratory and infrastructure costs typically incurred by many oil and natural gas producers. The company creates value through strategic acquisitions and by financially participating with over 100 experienced operating partners who develop and produce hydrocarbons in its core areas. In the fourth quarter of 2025, no single operator accounted for more than 11% of NORTHERN OIL & GAS, INC.'s oil and natural gas sales. Prior to 2020, the company focused exclusively on oil-weighted properties in the Williston Basin. Since then, it has significantly grown and diversified its properties through acquisitions of oil and natural gas properties in the Permian Basin, Appalachian Basin, and Uinta Basin. The company reports a single reportable segment.

Northern Oil and Gas, Inc. (NYSE:NOG) is a publicly traded company in the Energy & Transportation sector. Wiseek has independently scored 23 items for NOG at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-08-19, rated 7/10. Across its 20 most recent items scored 7 or higher, the top rating is 9/10, with 11 rated 8 or above. Recent SEC coverage for NOG spans 8-K, 10-Q, 424B7, 424B5.

Recent high-impact activity:

  • NOG Prices $500M Senior Notes Offering at 7.5% Due 2034
  • NOG Prices $500M Senior Notes Offering at 7.5% to Pay Down Revolver
  • NOG Launches $500M Senior Notes Offering to Refinance Debt
  • NOG Q2: Record Production, $401M EBITDA, and $159M Free Cash Flow; Canada Entry Closed
  • Northern Oil & Gas Q2 Production Jumps 9% on Record Gas Output, Profit Beats

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$2.48B
Net Income
$38.76M
Diluted EPS
$0.39
Op. Cash Flow
$1.51B
Gross Profit
$2B
Operating Income
$245.85M
Cash & Equivalents
$14.3M
Total Debt
$2.4B
Debt / Equity
1.13×
Net Margin
1.6%
Shares Outstanding
97.27M sh
Source: 10-K · filed 2026-02-26 · accession 0001104485-26-000008

Short Interest & Short Volume

11.59 days to cover

FINRA reported short interest of 21,883,131 shares in NOG as of the September 15, 2026 settlement, a 0.8% increase from the prior period — about 11.6 days to cover at its recent average daily volume. On October 2, 2026, 65.6% of NOG volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)21,883,131 shares as of September 15, 2026
Change vs prior period▲ 0.8%
Days to cover11.59 at avg daily volume of 1,888,509
Daily short volume (FINRA facilities)65.6% of 753,526 shares on October 2, 2026
5-day average short volume57.3%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for NOG, detected from its recent SEC filings · based on capital-structure filings through 2026-06-02.

1 recent capital raise1 shelf registration

Shares Registered for Resale · Acquisition Consideration

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$23.79 -0.04% today
52-week range · as of 2026-08-19 $17.18 – $31.17
Market cap
$2.54B
Volume
1.7M (0.8× avg)
3-mo avg 2.2M
Live data · 2026-10-05 01:36 UTC · Market closed

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feed NOG - Latest Insights

NOG
Aug 19, 2026, 4:49 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $26.10
Real-time Price: $23.79 info
Change: -$2.31 (-9%) info
Market Cap: $2.539B info
NOG
Aug 19, 2026, 4:05 PM EDT
Source: BusinessWire
Importance Score:
7
Price at Filing: $26.06
Real-time Price: $23.79 info
Change: -$2.27 (-9%) info
Market Cap: $2.539B info
NOG
Aug 19, 2026, 7:26 AM EDT
Source: BusinessWire
Importance Score:
7
Price at Filing: $25.40
Real-time Price: $23.79 info
Change: -$1.61 (-6%) info
Market Cap: $2.539B info
NOG
Aug 07, 2026, 4:13 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $21.56
Real-time Price: $23.79 info
Change: +$2.23 (+10%) info
Market Cap: $2.539B info
NOG
Aug 06, 2026, 4:27 PM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $20.30
Real-time Price: $23.79 info
Change: +$3.49 (+17%) info
Market Cap: $2.539B info
NOG
Aug 06, 2026, 4:07 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $20.72
Real-time Price: $23.79 info
Change: +$3.07 (+15%) info
Market Cap: $2.539B info
NOG
Jul 13, 2026, 11:49 AM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $19.90
Real-time Price: $23.79 info
Change: +$3.89 (+20%) info
Market Cap: $2.539B info
NOG
Jul 13, 2026, 8:40 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $19.07
Real-time Price: $23.79 info
Change: +$4.72 (+25%) info
Market Cap: $2.539B info
NOG
Jul 13, 2026, 6:01 AM EDT
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $18.72
Real-time Price: $23.79 info
Change: +$5.07 (+27%) info
Market Cap: $2.539B info
NOG
Jun 02, 2026, 8:05 AM EDT
Filing Type: 424B7
Importance Score:
7
Price at Filing: $22.31
Real-time Price: $23.79 info
Change: +$1.48 (+7%) info
Market Cap: $2.539B info
NOG
Jun 01, 2026, 4:19 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $22.42
Real-time Price: $23.79 info
Change: +$1.37 (+6%) info
Market Cap: $2.539B info
NOG
May 26, 2026, 6:39 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $23.90
Real-time Price: $23.79 info
Change: -$0.110 (-0.46%) info
Market Cap: $2.539B info
NOG
May 26, 2026, 6:30 AM EDT
Source: Dow Jones Newswires
Importance Score:
9
Price at Filing: $24.06
Real-time Price: $23.79 info
Change: -$0.2676 (-1%) info
Market Cap: $2.539B info
NOG
Apr 29, 2026, 4:24 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $27.95
Real-time Price: $23.79 info
Change: -$4.16 (-15%) info
Market Cap: $2.539B info
NOG
Apr 28, 2026, 4:29 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $26.75
Real-time Price: $23.79 info
Change: -$2.96 (-11%) info
Market Cap: $2.539B info
NOG
Apr 28, 2026, 4:10 PM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $26.75
Real-time Price: $23.79 info
Change: -$2.96 (-11%) info
Market Cap: $2.539B info
NOG
Mar 12, 2026, 5:18 PM EDT
Filing Type: 424B5
Importance Score:
8
Price at Filing: $27.84
Real-time Price: $23.79 info
Change: -$4.05 (-15%) info
Market Cap: $2.539B info
NOG
Mar 11, 2026, 4:19 PM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $27.65
Real-time Price: $23.79 info
Change: -$3.86 (-14%) info
Market Cap: $2.539B info
NOG
Mar 11, 2026, 4:14 PM EDT
Filing Type: 424B5
Importance Score:
8
Price at Filing: $28.05
Real-time Price: $23.79 info
Change: -$4.26 (-15%) info
Market Cap: $2.539B info
NOG
Feb 26, 2026, 4:13 PM EST
Filing Type: 10-K
Importance Score:
7
Price at Filing: $26.25
Real-time Price: $23.79 info
Change: -$2.46 (-9%) info
Market Cap: $2.539B info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets