| (Values in U.S. Thousands) | Dec, 2025 | Dec, 2024 | Dec, 2023 | Dec, 2022 | Dec, 2021 |
| Sales | 2,475,720 | 2,225,730 | 2,166,260 | 1,570,540 | 496,900 |
| Sales Growth | +11.23% | +2.75% | +37.93% | +216.07% | -10.02% |
| Net Income | 38,760 | 520,310 | 922,970 | 773,240 | 6,360 |
| Net Income Growth | -92.55% | -43.63% | +19.36% | +12,057.86% | +100.70% |
Northern Oil and Gas (NOG)
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Northern Oil and Gas, Inc. is an independent upstream operator engaged in the acquisition, exploration, development and production of oil and natural gas properties. The firm is primarily focused on three leading basins of the United States - the Williston, Permian and the Appalachian. Northern employs a unique strategy wherein it owns non-operating, minority interests in oil and gas wells, which are majority-owned and operated by some leading producers. As part of this low-cost model, the company does not drill any well but essentially provides financing for its acreage. The Williston Basin in North Dakota and Montana is the company's core operating region.
Fiscal Year End Date: 12/31