Latest revenue
$5.0M
as of 2026-03-31
Latest net income
$-522.8M
as of 2026-03-31
Net margin
-10396.6%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $2.51B
- Enterprise value
- $2.51B
- P/E (trailing)
- 64.8×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 7.6%
- 52-wk high
- $32.62
- 52-wk low
- $20.18
- Beta
- —
- Shares out
- 105.8M
5-year trend
What this company does
Item 1. Business Overview We are an independent energy company engaged in the acquisition, exploration, development and production of oil and natural gas properties in the United States, primarily in the Williston Basin, the Permian Basin and the Appalachian Basin. We believe the location, size and concentration of our acreage positions in some of North America’s leading unconventional oil and gas resource plays provide us with drilling and development opportunities that will result in significant long-term value. We currently report a single reportable segment. See “Financial Statements” and the notes to our consolidated financial statements for financial information about this reportable…
AI summary unavailable — showing raw filing excerpt
Generated from NOG's filing dated 2024-02-23
Key risks
Table of Contents Item 1A. Risk Factors In addition to the other information contained in this Annual Report on Form 10-K, the following risk factors should be considered in evaluating our business and future prospects. Note that additional risks not presently known to us or that are currently considered immaterial may also have a negative impact on our business and operations. If any of the events or circumstances described below actually occurs, our business, financial condition or results of operations could suffer and the trading price of our common stock could decline. Summary of Risk Factors We believe that the risks associated with our business, and consequently the risks associated…
AI summary unavailable — showing raw filing excerpt
Generated from NOG's filing dated 2024-02-23
Profitability
Operating margin
3.9%
69.7%Net margin
0.6%
92.3%Return on equity
1.8%
91.9%Return on assets
0.7%
92.3%Leverage
Debt / equity
1.54×
9.1%Long-term debt / equity
1.13×
10.3%Debt / assets
60.7%
3.6%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $5.0M | -99.1% | $-522.8M | -476.2% | -10396.6% |
Q4 2025 2025-12-31 | $4.61B | -7.6% | $-309.3M | -531.4% | -6.7% |
Q3 2025 2025-09-30 | $485.9M | -5.7% | $109.5M | -63.3% | 22.5% |
Q2 2025 2025-06-30 | $578.0M | +3.1% | $99.6M | -28.1% | 17.2% |
Q1 2025 2025-03-31 | $580.3M | +46.4% | $139.0M | +1097.5% | 23.9% |
Q4 2024 2024-12-31 | $5.00B | — | $71.7M | — | 1.4% |
Q3 2024 2024-09-30 | $515.5M | +64.2% | $298.4M | +3109.1% | 57.9% |
Q2 2024 2024-06-30 | $560.8M | +33.9% | $138.6M | -17.4% | 24.7% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Crude Petroleum & Natural Gas · SIC 1311
Your notes
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Insider activity
Insider buying
$600.8K
Insider selling
$0
Net activity
+$600.8K
Distinct insiders
1
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value | |
|---|---|---|---|---|---|---|
| 2025-12-11 | Roy Ernest Easley Director | Purchase | 10,000 | $23.38 | $233.8K | |
| 2025-12-10 | Roy Ernest Easley Director | Purchase | 15,000 | $24.46 | $366.9K |
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns NOG
Institutional value
$1.79B
Total shares held
61.7M
Distinct holders
221
-91 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 15.7M | $459.5M | +1.1M (+7.9%) | Added |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 6.6M | $192.4M | — | New |
| 3 | Invesco Ltd. | 5.5M | $161.2M | +1.2M (+26.4%) | Added |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 4.5M | $131.7M | — | New |
| 5 | DIMENSIONAL FUND ADVISORS LP | 4.1M | $121.2M | -97.1K (-2.3%) | Trimmed |
| 6 | UBS Group AG | 2.6M | $76.4M | +269.9K (+11.5%) | Added |
| 7 | Nuveen, LLC | 1.7M | $50.7M | +417.1K (+31.7%) | Added |
| 8 | Bank of New York Mellon Corp | 1.5M | $42.7M | -9.3K (-0.6%) | Trimmed |
| 9 | Voya Investment Management LLC | 1.3M | $38.5M | +356.0K (+37.1%) | Added |
| 10 | DEPRINCE RACE & ZOLLO INC | 1.2M | $34.2M | -18.2K (-1.5%) | Trimmed |
| 11 | FIRST TRUST ADVISORS LP | 1.2M | $34.1M | +629.2K (+116.8%) | Added |
| 12 | KENNEDY CAPITAL MANAGEMENT LLC | 928.9K | $27.2M | +44.9K (+5.1%) | Added |
| 13 | Tributary Capital Management, LLC | 830.4K | $24.3M | -7.3K (-0.9%) | Trimmed |
| 14 | NEW YORK STATE COMMON RETIREMENT FUND | 824.6K | $24.1M | +78.5K (+10.5%) | Added |
| 15 | WELLS FARGO & COMPANY/MN | 693.6K | $20.3M | +28.5K (+4.3%) | Added |
| 16 | JPMORGAN CHASE & CO | 657.9K | $19.7M | +332.3K (+102.0%) | Added |
| 17 | VANGUARD FIDUCIARY TRUST CO | 667.3K | $19.5M | — | New |
| 18 | CITIGROUP INC | 613.8K | $17.9M | +91.1K (+17.4%) | Added |
| 19 | Penn Capital Management Company, LLC | 560.6K | $16.4M | +65.7K (+13.3%) | Added |
| 20 | PRINCIPAL FINANCIAL GROUP INC | 506.7K | $14.8M | +43.8K (+9.5%) | Added |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once NOG's latest filing finishes processing.