Northern Oil & Gas annual operating expenses
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Northern Oil & Gas Operating Expenses Growth & History (NOG)
Northern Oil & Gas's operating expenses was $2.23B for fiscal 2025.
View full Northern Oil & Gas company overviewNorthern Oil & Gas annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.23B | $842.0M | +60.67% |
| 2024 | 2024-12-31 | $1.39B | $343.5M | +32.89% |
| 2023 | 2023-12-31 | $1.04B | $172.5M | +19.78% |
| 2022 | 2022-12-31 | $871.9M | $145.6M | +20.05% |
| 2021 | 2021-12-31 | $726.3M | −$322.7M | −30.76% |
| 2020 | 2020-12-31 | $1.05B | $632.1M | +151.62% |
| 2019 | 2019-12-31 | $416.9M | $170.6M | +69.27% |
| 2018 | 2018-12-31 | $246.3M | $97.5M | +65.49% |
| 2017 | 2017-12-31 | $148.8M | −$225.4M | −60.23% |
| 2016 | 2016-12-31 | $374.2M | −$1.02B | −73.16% |
| 2015 | 2015-12-31 | $1.39B | $1.10B | +381.08% |
| 2014 | 2014-12-31 | $289.9M | $72.1M | +33.10% |
| 2013 | 2013-12-31 | $217.8M | $35.3M | +19.37% |
| 2012 | 2012-12-31 | $182.4M | $100.3M | +122.11% |
| 2011 | 2011-12-31 | $82.1M | $49.1M | +148.50% |
| 2010 | 2010-12-31 | $33.1M | $23.0M | +227.51% |
| 2009 | 2009-12-31 | $10.1M | — | — |
Northern Oil & Gas quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $392.7M | −$137.9M | −26.00% |
| Q1 2026 | 2026-03-31 | $659.9M | $287.1M | +77.01% |
| Q4 2025 | 2025-12-31 | $644.0M | $261.7M | +68.44% |
| Q3 2025 | 2025-09-30 | $682.4M | $362.7M | +113.45% |
| Q2 2025 | 2025-06-30 | $530.6M | $188.8M | +55.24% |
| Q1 2025 | 2025-03-31 | $372.8M | $28.8M | +8.37% |
| Q4 2024 | 2024-12-31 | $382.3M | $72.9M | +23.55% |
| Q3 2024 | 2024-09-30 | $319.7M | $48.2M | +17.74% |
| Q2 2024 | 2024-06-30 | $341.8M | $100.1M | +41.39% |
| Q1 2024 | 2024-03-31 | $344.0M | $122.4M | +55.23% |
| Q4 2023 | 2023-12-31 | $309.5M | $104.4M | +50.89% |
| Q3 2023 | 2023-09-30 | $271.5M | — | — |
| Q2 2023 | 2023-06-30 | $241.8M | $26.9M | +12.50% |
| Q1 2023 | 2023-03-31 | $221.6M | −$369.4M | −62.50% |
| Q4 2022 | 2022-12-31 | $205.1M | $113.6M | +124.10% |
| Q2 2022 | 2022-06-30 | $214.9M | −$43.0M | −16.69% |
| Q1 2022 | 2022-03-31 | $591.0M | $403.6M | +215.38% |
| Q4 2021 | 2021-12-31 | $91.5M | — | — |
| Q3 2021 | 2021-09-30 | $189.5M | −$76.5M | −28.76% |
| Q2 2021 | 2021-06-30 | $257.9M | −$620.8M | −70.65% |
| Q1 2021 | 2021-03-31 | $187.4M | $71.5M | +61.67% |
| Q3 2020 | 2020-09-30 | $266.0M | $153.2M | +135.83% |
| Q2 2020 | 2020-06-30 | $878.7M | $784.5M | +832.84% |
| Q1 2020 | 2020-03-31 | $115.9M | $27.5M | +31.16% |
| Q4 2019 | 2019-12-31 | $121.5M | $33.2M | +37.51% |
| Q3 2019 | 2019-09-30 | $112.8M | $46.1M | +69.16% |
| Q2 2019 | 2019-06-30 | $94.2M | $43.7M | +86.43% |
| Q1 2019 | 2019-03-31 | $88.4M | $47.7M | +117.09% |
| Q4 2018 | 2018-12-31 | $88.4M | $47.7M | +117.37% |
| Q3 2018 | 2018-09-30 | $66.7M | $25.7M | +62.56% |
| Q2 2018 | 2018-06-30 | $50.5M | $16.0M | +46.13% |
| Q1 2018 | 2018-03-31 | $40.7M | $8.1M | +24.98% |
| Q4 2017 | 2017-12-31 | $40.7M | $7.2M | +21.53% |
| Q3 2017 | 2017-09-30 | $41.0M | −$33.6M | −45.01% |
| Q2 2017 | 2017-06-30 | $34.6M | −$90.4M | −72.33% |
| Q1 2017 | 2017-03-31 | $32.6M | −$108.6M | −76.93% |
| Q4 2016 | 2016-12-31 | $33.5M | −$179.7M | −84.30% |
| Q3 2016 | 2016-09-30 | $74.6M | −$333.7M | −81.73% |
| Q2 2016 | 2016-06-30 | $124.9M | −$218.5M | −63.62% |
| Q1 2016 | 2016-03-31 | $141.2M | −$288.4M | −67.13% |
| Q4 2015 | 2015-12-31 | $213.1M | $133.4M | +167.33% |
| Q3 2015 | 2015-09-30 | $408.3M | $331.2M | +429.39% |
| Q2 2015 | 2015-06-30 | $343.4M | $272.0M | +380.69% |
| Q1 2015 | 2015-03-31 | $429.6M | $368.0M | +597.79% |
| Q4 2014 | 2014-12-31 | $79.7M | $15.3M | +23.71% |
| Q3 2014 | 2014-09-30 | $77.1M | $19.5M | +33.74% |
| Q2 2014 | 2014-06-30 | $71.4M | $23.0M | +47.50% |
| Q1 2014 | 2014-03-31 | $61.6M | $14.3M | +30.35% |
| Q4 2013 | 2013-12-31 | $64.4M | $16.1M | +33.27% |
| Q3 2013 | 2013-09-30 | $57.7M | $3.3M | +6.06% |
| Q2 2013 | 2013-06-30 | $48.4M | $4.4M | +10.04% |
| Q1 2013 | 2013-03-31 | $47.2M | $11.5M | +32.32% |
| Q4 2012 | 2012-12-31 | $48.4M | $21.3M | +78.44% |
| Q3 2012 | 2012-09-30 | $54.4M | $31.3M | +135.61% |
| Q2 2012 | 2012-06-30 | $44.0M | $26.9M | +157.34% |
| Q1 2012 | 2012-03-31 | $35.7M | $20.8M | +140.23% |
| Q4 2011 | 2011-12-31 | $27.1M | — | — |
| Q3 2011 | 2011-09-30 | $23.1M | $14.9M | +182.85% |
| Q2 2011 | 2011-06-30 | $17.1M | $11.0M | +178.85% |
| Q1 2011 | 2011-03-31 | $14.9M | — | — |
| Q3 2010 | 2010-09-30 | $8.2M | — | — |
| Q2 2010 | 2010-06-30 | $6.1M | — | — |
Northern Oil & Gas operating expenses trends
Over the last five fiscal years, Northern Oil & Gas's operating expenses increased from $1.05B to $2.23B, a change of $1.18B. The latest reported quarter, Q2 2026, shows $392.7M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Northern Oil & Gas source filings ↗