← NORTHERN OIL & GAS, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Revenue | $144.9m | $209.3m | $678.9m | $472.4m | $552.2m | $496.9m | $2.0b | $1.9b | $2.2b | $2.1b | |
| Total Revenue | $144.9m | $209.3m | $678.9m | $472.4m | $552.2m | $496.9m | $2.0b | $2.2b | $2.2b | $2.1b | |
| Cost of Revenue | $40.7m | $129.8m | $66.6m | $118.9m | $116.3m | $170.8m | $260.7m | $347.0m | $429.8m | $1.4b | |
| Gross Profit (Calculated) (derived) | $104.2m | $79.5m | $612.3m | $353.5m | $435.9m | $326.1m | $1.7b | $1.8b | $1.8b | $675.2m | |
| Operating Expenses | $374.2m | $148.8m | $246.3m | — | — | — | — | — | — | — | |
| EBIT | ($229.3m) | $60.5m | $432.6m | $55.5m | ($841.2m) | $78.0m | $856.7m | $1.1b | $838.5m | $235.1m | |
| Operating Income | ($229.3m) | $60.5m | $432.6m | $55.5m | ($841.2m) | $78.0m | $1.3b | $862.6m | $775.9m | $601.0m | |
| Operating Income (Loss) | ($229.3m) | $60.5m | $432.6m | $55.5m | ($841.2m) | $78.0m | $853.2m | $1.1b | $837.8m | $245.8m | |
| Total Operating Income As Reported | ($229.3m) | $60.5m | $432.6m | $55.5m | ($841.2m) | $78.0m | $853.2m | $1.1b | $837.8m | $245.8m | |
| Additional Financial Items | |||||||||||
| Preferred Stock Dividends, Income Statement Impact | — | — | — | $1.0m | $15.3m | $14.8m | $9.8m | $0 | — | — | |
| Results of Operations, Depreciation, Depletion, Amortization and Accretion | $61.2m | $59.5m | $119.8m | $210.2m | $162.1m | $140.8m | $251.3m | $486.0m | $740.9m | $814.9m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($294.9m) | ($10.8m) | $143.6m | ($76.3m) | ($906.2m) | $6.6m | $776.3m | $1.0b | $680.8m | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | ($598k) | $1.4m | $0 | $0 | — | — | — | — | |
| Net Income Common Stockholders | ($293.5m) | ($9.2m) | $143.7m | ($77.3m) | ($921.3m) | ($8.4m) | $727.7m | $923.0m | $520.3m | $38.8m | |
| Net Income | ($293.5m) | ($9.2m) | $143.7m | ($77.3m) | ($921.3m) | ($8.4m) | $773.2m | $923.0m | $520.3m | $38.8m | |
| Net Income (Loss) Attributable to Parent | ($293.5m) | ($9.2m) | $143.7m | ($76.3m) | ($906.0m) | $6.4m | $773.2m | $923.0m | $520.3m | $38.8m | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($293.5m) | ($9.2m) | $143.7m | ($77.3m) | ($921.3m) | ($8.4m) | $727.7m | $923.0m | $520.3m | $38.8m | |
| Earnings Per Share, Basic | ($4.80) | ($0.15) | $0.61 | ($0.20) | ($21.55) | ($0.13) | $9.26 | $10.09 | $5.21 | $0.40 | |
| Earnings Per Share, Diluted | ($4.80) | ($0.15) | $0.61 | ($0.20) | ($21.55) | ($0.13) | $8.92 | $10.03 | $5.14 | $0.39 | |
| Weighted Average Number of Shares Outstanding, Basic | 61.2m | 62.4m | 236.2m | 387.1m | 42.7m | 63.0m | 78.6m | 91.5m | 99.9m | 97.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | 61.2m | 62.4m | 236.8m | 387.1m | 42.7m | 63.0m | 86.7m | 92.1m | 101.3m | 99.3m | |
| General and Administrative Expense | $14.8m | $19.0m | $14.6m | $23.6m | $18.5m | $30.3m | $47.2m | $46.8m | $50.5m | $61.3m | |
| Other Nonoperating Income (Expense) | ($16k) | $116k | $891k | — | ($12k) | ($9k) | ($185k) | $4.8m | $440k | — | |
| Interest Expense (non-operating) | $64.5m | $70.3m | $86.0m | $79.2m | $58.5m | $59.0m | $80.3m | $135.7m | $157.7m | $172.4m | |
| Current Income Tax Expense (Benefit) | ($1.4m) | $1.6m | $55k | $0 | $166k | $233k | $3.1m | $77.8m | $959k | $23.9m | |
| Interest Expense | $64.5m | $70.3m | $86.0m | $79.2m | $58.5m | $59.0m | $80.3m | $135.7m | $157.7m | $172.4m | |
| Other Expenses | — | — | — | — | — | — | — | $4.4m | $9.7m | $12.8m | |
| Income Tax Expense (Benefit) | ($1.4m) | ($1.6m) | ($55k) | $0 | ($166k) | $233k | $3.1m | $77.8m | $160.5m | $23.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.