Northern Oil And Gas Debt to Equity Ratio 2010-2024 | NOG
Current and historical debt to equity ratio values for Northern Oil And Gas (NOG) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Northern Oil And Gas debt/equity for the three months ending June 30, 2024 was 0.91.
Northern Oil And Gas Debt/Equity Ratio Historical Data |
Date |
Long Term Debt |
Shareholder's Equity |
Debt to Equity Ratio |
2024-06-30 |
$2.66B |
$2.07B |
1.28 |
2024-03-31 |
$2.63B |
$2.00B |
1.32 |
2023-12-31 |
$2.44B |
$2.05B |
1.19 |
2023-09-30 |
$2.90B |
$1.41B |
2.06 |
2023-06-30 |
$2.25B |
$1.42B |
1.59 |
2023-03-31 |
$2.30B |
$1.05B |
2.19 |
2022-12-31 |
$2.13B |
$0.75B |
2.86 |
2022-09-30 |
$1.76B |
$0.71B |
2.49 |
2022-06-30 |
$2.04B |
$0.15B |
13.36 |
2022-03-31 |
$2.06B |
$-0.04B |
-58.35 |
2021-12-31 |
$1.31B |
$0.22B |
6.08 |
2021-09-30 |
$1.40B |
$-0.16B |
-8.89 |
2021-06-30 |
$1.26B |
$-0.17B |
-7.49 |
2021-03-31 |
$1.05B |
$-0.18B |
-5.83 |
2020-12-31 |
$1.10B |
$-0.22B |
-4.91 |
2020-09-30 |
$1.11B |
$-0.08B |
-13.25 |
2020-06-30 |
$1.12B |
$0.14B |
7.98 |
2020-03-31 |
$1.23B |
$1.01B |
1.22 |
2019-12-31 |
$1.35B |
$0.56B |
2.41 |
2019-09-30 |
$1.39B |
$0.51B |
2.70 |
2019-06-30 |
$1.11B |
$0.39B |
2.84 |
2019-03-31 |
$1.08B |
$0.31B |
3.46 |
2018-12-31 |
$1.07B |
$0.43B |
2.50 |
2018-09-30 |
$1.06B |
$0.01B |
94.36 |
2018-06-30 |
$1.03B |
$-0.15B |
-6.97 |
2018-03-31 |
$1.15B |
$-0.49B |
-2.36 |
2017-12-31 |
$1.12B |
$-0.49B |
-2.29 |
2017-09-30 |
$0.97B |
$-0.47B |
-2.05 |
2017-06-30 |
$0.94B |
$-0.46B |
-2.06 |
2017-03-31 |
$0.92B |
$-0.47B |
-1.96 |
2016-12-31 |
$0.92B |
$-0.49B |
-1.89 |
2016-09-30 |
$0.89B |
$-0.48B |
-1.86 |
2016-06-30 |
$0.90B |
$-0.43B |
-2.08 |
2016-03-31 |
$0.90B |
$-0.32B |
-2.78 |
2015-12-31 |
$0.92B |
$-0.20B |
-4.65 |
2015-09-30 |
$1.03B |
$-0.03B |
-36.33 |
2015-06-30 |
$1.05B |
$0.29B |
3.56 |
2015-03-31 |
$1.10B |
$0.54B |
2.02 |
2014-12-31 |
$1.26B |
$0.77B |
1.63 |
2014-09-30 |
$1.13B |
$0.67B |
1.69 |
2014-06-30 |
$1.13B |
$0.61B |
1.85 |
2014-03-31 |
$0.99B |
$0.61B |
1.61 |
2013-12-31 |
$0.90B |
$0.62B |
1.45 |
2013-09-30 |
$0.85B |
$0.60B |
1.42 |
2013-06-30 |
$0.73B |
$0.62B |
1.17 |
2013-03-31 |
$0.67B |
$0.60B |
1.12 |
2012-12-31 |
$0.61B |
$0.59B |
1.03 |
2012-09-30 |
$0.57B |
$0.57B |
1.01 |
2012-06-30 |
$0.52B |
$0.56B |
0.92 |
2012-03-31 |
$0.36B |
$0.51B |
0.71 |
2011-12-31 |
$0.23B |
$0.50B |
0.46 |
2011-09-30 |
$0.10B |
$0.49B |
0.21 |
2011-06-30 |
$0.09B |
$0.46B |
0.20 |
2011-03-31 |
$0.08B |
$0.44B |
0.18 |
2010-12-31 |
$0.07B |
$0.44B |
0.17 |
2010-09-30 |
$0.03B |
$0.23B |
0.13 |
2010-06-30 |
$0.02B |
$0.22B |
0.08 |
2010-03-31 |
$0.02B |
$0.13B |
0.17 |
2009-12-31 |
$0.01B |
$0.12B |
0.10 |
2009-09-30 |
$0.02B |
$0.06B |
0.30 |
2009-06-30 |
$0.03B |
$0.06B |
0.55 |
2009-03-31 |
$0.02B |
$0.05B |
0.35 |
Sector |
Industry |
Market Cap |
Revenue |
Oils/Energy |
Oil & Gas - US Exploration and Production |
$3.588B |
$2.166B |
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.
|