Northern Oil and Gas (NOG) Revenue & Revenue Breakdown

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Northern Oil and Gas Revenue Highlights

Latest Revenue (Y)

$2.16B

Latest Revenue (Q)

$706.81M

Main Segment (Y)

Oil and Gas

Main Geography (Y)

Permian

Northern Oil and Gas Revenue by Period

Northern Oil and Gas Revenue by Year

Date	Revenue	Change
2024-12-31	$2.16B	13.46%
2023-12-31	$1.91B	-3.97%
2022-12-31	$1.99B	103.65%
2021-12-31	$975.09M	200.89%
2020-12-31	$324.07M	-46.10%
2019-12-31	$601.24M	21.73%
2018-12-31	$493.92M	120.51%
2017-12-31	$223.99M	40.23%
2016-12-31	$159.72M	-21.19%
2015-12-31	$202.67M	-53.04%
2014-12-31	$431.61M	16.90%
2013-12-31	$369.23M	24.40%
2012-12-31	$296.82M	85.83%
2011-12-31	$159.72M	258.46%
2010-12-31	$44.56M	213.32%
2009-12-31	$14.22M	301.40%
2008-12-31	$3.54M	100.00%
2007-12-31	-	100.00%
2006-12-31	-	100.00%
2005-12-31	-	100.00%
2004-12-31	-	100.00%
2003-12-31	-	100.00%
2002-12-31	-	100.00%
2001-12-31	-	100.00%
2000-12-31	-	-

Northern Oil and Gas generated $2.16B in revenue during NA 2024, up 13.46% compared to the previous quarter, and up 359.88% compared to the same period a year ago.

Northern Oil and Gas Revenue by Quarter

Date	Revenue	Change
2025-06-30	$706.81M	21.79%
2025-03-31	$580.34M	5.67%
2024-12-31	$549.20M	6.54%
2024-09-30	$515.49M	-8.63%
2024-06-30	$564.19M	16.65%
2024-03-31	$483.67M	-11.44%
2023-12-31	$546.14M	6.35%
2023-09-30	$513.52M	22.62%
2023-06-30	$418.79M	-2.28%
2023-03-31	$428.56M	4.99%
2022-12-31	$408.18M	-48.44%
2022-09-30	$791.64M	79.33%
2022-06-30	$441.45M	-1440.56%
2022-03-31	$-32.93M	-109.91%
2021-12-31	$332.37M	28.00%
2021-09-30	$259.67M	15.04%
2021-06-30	$225.72M	43.47%
2021-03-31	$157.33M	58.10%
2020-12-31	$99.52M	35.06%
2020-09-30	$73.68M	256.52%
2020-06-30	$20.67M	-84.13%
2020-03-31	$130.20M	-18.98%
2019-12-31	$160.71M	1.72%
2019-09-30	$157.99M	-15.26%
2019-06-30	$186.44M	-2788.78%
2019-03-31	$-6.93M	-104.54%
2018-12-31	$152.57M	15.72%
2018-09-30	$131.84M	20.90%
2018-06-30	$109.05M	25.51%
2018-03-31	$86.89M	19.88%
2017-12-31	$72.48M	33.57%
2017-09-30	$54.26M	12.14%
2017-06-30	$48.39M	-0.96%
2017-03-31	$48.86M	3.76%
2016-12-31	$47.08M	12.84%
2016-09-30	$41.73M	-1.90%
2016-06-30	$42.54M	49.92%
2016-03-31	$28.37M	-27.90%
2015-12-31	$39.35M	-20.97%
2015-09-30	$49.79M	-21.06%
2015-06-30	$63.07M	25.00%
2015-03-31	$50.46M	-46.58%
2014-12-31	$94.46M	-20.75%
2014-09-30	$119.19M	-1.62%
2014-06-30	$121.16M	25.16%
2014-03-31	$96.80M	-2.38%
2013-12-31	$99.17M	-7.52%
2013-09-30	$107.23M	34.63%
2013-06-30	$79.65M	-4.24%
2013-03-31	$83.18M	3.47%
2012-12-31	$80.39M	-0.39%
2012-09-30	$80.70M	14.47%
2012-06-30	$70.50M	8.09%
2012-03-31	$65.22M	22.37%
2011-12-31	$53.30M	21.78%
2011-09-30	$43.77M	23.00%
2011-06-30	$35.59M	31.47%
2011-03-31	$27.07M	3.16%
2010-12-31	$26.24M	165.45%
2010-09-30	$9.88M	-39.11%
2010-06-30	$16.23M	124.77%
2010-03-31	$7.22M	12.27%
2009-12-31	$6.43M	32.46%
2009-09-30	$4.86M	113.44%
2009-06-30	$2.28M	245.62%
2009-03-31	$658.27K	-41.68%
2008-12-31	$1.13M	-17.16%
2008-09-30	$1.36M	78.23%
2008-06-30	$764.53K	166.36%
2008-03-31	$287.03K	100.00%
2007-12-31	-	-

Northern Oil and Gas generated $706.81M in revenue during Q2 2025, up 21.79% compared to the previous quarter, and up 146.13% compared to the same period a year ago.

Northern Oil and Gas Revenue Breakdown

Northern Oil and Gas Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 22	Dec 21	Dec 20	Dec 19
Oil	$1.90B	$305.20M	$574.60M	-	-
Natural Gas and NGL	$254.22M	-	-	-	-
Oil and Gas	$2.15B	$324.05M	-	-	-
Permian	-	$415.73M	-	-	-
Williston	-	$1.06B	-	-	-
Product and Service, Other	-	-	$3.00K	-	-
Natural Gas And NGL	-	-	-	$18.80M	$26.60M

Northern Oil and Gas's latest annual revenue breakdown by segment (product or service), as of Dec 24: Oil and Gas (50.00%), Oil (44.09%), and Natural Gas and NGL (5.91%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
Natural Gas and NGL	$171.70M	$117.27M	$70.53M	$44.99M	$72.33M	$66.36M	$46.86M	$21.70M	$3.10M	$-8.10M	-	-	-	-	-	-	-	-	-	-
Oil and Gas	$574.37M	$576.95M	$537.52M	$515.49M	$564.19M	$534.88M	$513.52M	$225.72M	$157.33M	$99.51M	$73.68M	$20.66M	-	-	-	-	-	-	-	-
Oil	-	$459.68M	$474.94M	$468.55M	$488.69M	$465.68M	$464.79M	$135.60M	$89.50M	$70.60M	$28.80M	-	-	-	-	-	-	-	-	-
Other	-	-	-	$1.95M	$3.17M	$2.84M	$1.87M	-	-	-	-	-	-	-	-	-	-	-	-	-
Product and Service, Other	-	-	-	-	-	-	-	$2.29M	$2.32M	$1.00K	$1.00K	-	-	-	-	-	-	-	-	-
Permian	-	-	-	-	-	-	-	-	-	$113.78M	$113.17M	$107.97M	$80.82M	-	-	-	-	-	-	-
Williston	-	-	-	-	-	-	-	-	-	$232.40M	$262.57M	$296.00M	$268.01M	-	-	-	-	-	-	-

Northern Oil and Gas's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Oil and Gas (76.99%), and Natural Gas and NGL (23.01%).

Northern Oil and Gas Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21
Permian	$821.63M	$415.73M	$42.49M

Northern Oil and Gas's latest annual revenue breakdown by geography, as of Dec 23: Permian (100.00%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21
Permian	$270.38M	$290.38M	$276.39M	$242.60M	$2.29M	$2.32M	$113.78M	$113.17M	$107.97M	$80.82M	$27.14M	$10.81M	$2.96M

Northern Oil and Gas's latest quarterly revenue breakdown by geography, as of Sep 24: Permian (100.00%).

Northern Oil and Gas Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
DK	Delek US	$11.85B	$2.76B
PTEN	Patterson-UTI Energy	$5.38B	$1.22B
CIVI	Civitas Resources	$5.21B	$1.19B
LBRT	Liberty Energy	$4.32B	$947.40M
BTE	Baytex Energy	$3.38B	$775.02M
CRGY	Crescent Energy	$2.93B	$897.98M
SM	SM Energy	$2.69B	$792.94M
OII	Oceaneering	$2.66B	$742.90M
NOG	Northern Oil and Gas	$2.16B	$706.81M
BSM	Black Stone Minerals	$433.70M	$53.93M
INSW	International Seaways	$202.45M	$10.14M

NOG Revenue FAQ

What is Northern Oil and Gas’s yearly revenue?

Northern Oil and Gas's yearly revenue for 2024 was $2.16B, representing an increase of 13.46% compared to 2023. The company's yearly revenue for 2023 was $1.91B, representing a decrease of -3.97% compared to 2022. NOG's yearly revenue for 2022 was $1.99B, representing an increase of 103.65% compared to 2021.

What is Northern Oil and Gas’s quarterly revenue?

Northern Oil and Gas's quarterly revenue for Q2 2025 was $706.81M, a 21.79% increase from the previous quarter (Q1 2025), and a 25.28% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $580.34M, a 5.67% increase from the previous quarter (Q4 2024), and a 19.99% increase year-over-year (Q1 2024). NOG's quarterly revenue for Q4 2024 was $549.2M, a 6.54% increase from the previous quarter (Q3 2024), and a 0.56% increase year-over-year (Q4 2023).

What is Northern Oil and Gas’s revenue growth rate?

Northern Oil and Gas's revenue growth rate for the last 3 years (2022-2024) was 8.96%, and for the last 5 years (2020-2024) was 567.69%.

What are Northern Oil and Gas’s revenue streams?

Northern Oil and Gas's revenue streams in c 24 are Oil, Natural Gas and NGL, and Oil and Gas. Oil generated $1.9B in revenue, accounting 44.09% of the company's total revenue, up 521.84% year-over-year. Natural Gas and NGL generated $254.22M in revenue, accounting 5.91% of the company's total revenue Oil and Gas generated $2.15B in revenue, accounting 50.00% of the company's total revenue, up 564.12% year-over-year.

What is Northern Oil and Gas’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Northern Oil and Gas was Oil and Gas. This segment made a revenue of $2.15B, representing 50.00% of the company's total revenue.