# Northern Oil and Gas (NOG) — Earnings

NOG · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/nog/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $1.13 |
| EPS estimate | $1.18 |
| EPS surprise | −3.83% |
| Revenue surprise | +25.44% |
| Revenue | $745.2M |
| Revenue estimate | $594.1M |
| Reported | Aug 6, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1104485/000110448526000032/nog-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/d059e5af-a4d2-7cfa-8cd4-a7e3899a5244.html) |

Northern Oil and Gas reported Q2 2026 results on August 6, 2026. Earnings per share were $1.13, short of the $1.18 estimate by 3.83%. Revenue came in at $745.2 million, well above the $594.1 million consensus. Compared with Q2 2025, EPS fell about 17.5% from $1.37, while revenue rose about 5.4% from $706.8 million.

The longer record shows earnings per share drifting lower. Annual EPS was $6.53 in 2022 and $6.59 in 2023, then fell to $5.25 in 2024 and $4.56 in 2025. The first half of 2026 adds up to $1.87. The highest quarter in the table was Q3 2022 at $1.80 per share, and the lowest was Q1 2026 at $0.74. The table lists Q1 2026 revenue at only $5.0 million, far out of line with every other quarter, so that figure should be treated with caution. Over the last 20 quarters, the company beat the EPS estimate 16 times and missed four.

Northern Oil and Gas has reported Q3 results between November 1 and November 8 in each of the past five years. That points to early November 2026 for the next report. It will show whether quarterly EPS holds above $1 after the second-quarter rebound.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 6, 2026 | $1.18 | $1.13 | -3.83% | $594.1M | $745.2M |
| Q1 2026 | Apr 28, 2026 | $0.68 | $0.74 | 8.44% | $511.4M | $5.0M |
| Q4 2025 | Feb 25, 2026 | $0.79 | $0.83 | 4.64% | $520.5M | $610.2M |
| Q3 2025 | Nov 6, 2025 | $0.87 | $1.03 | 18.24% | $517.7M | $556.6M |
| Q2 2025 | Jul 31, 2025 | $0.97 | $1.37 | 41.92% | $526.5M | $706.8M |
| Q1 2025 | Apr 29, 2025 | $1.12 | $1.33 | 18.26% | $559.6M | $602.1M |
| Q4 2024 | Feb 19, 2025 | $1.09 | $1.11 | 1.47% | $558.3M | $515.0M |
| Q3 2024 | Nov 5, 2024 | $1.20 | $1.40 | 17.10% | $540.2M | $753.6M |
| Q2 2024 | Jul 30, 2024 | $1.24 | $1.46 | 17.60% | $542.3M | $560.8M |
| Q1 2024 | Apr 30, 2024 | $1.18 | $1.28 | 8.65% | $505.8M | $534.9M |
| Q4 2023 | Feb 22, 2024 | $1.65 | $1.61 | -2.45% | $555.3M | $793.5M |
| Q3 2023 | Nov 1, 2023 | $1.72 | $1.73 | 0.32% | $513.2M | $314.0M |
| Q2 2023 | Aug 2, 2023 | $1.36 | $1.49 | 9.69% | $414.0M | $476.6M |
| Q1 2023 | May 4, 2023 | $1.70 | $1.76 | 3.65% | $394.1M | $582.2M |
| Q4 2022 | Feb 23, 2023 | $1.62 | $1.43 | -11.68% | $391.0M | $370.4M |
| Q3 2022 | Nov 8, 2022 | $1.74 | $1.80 | 3.16% | $379.7M | $409.1M |
| Q2 2022 | Aug 3, 2022 | $1.63 | $1.72 | 5.67% | $360.0M | $387.3M |
| Q1 2022 | May 5, 2022 | $1.24 | $1.58 | 27.11% | $301.6M | $351.3M |
| Q4 2021 | Feb 24, 2022 | $1.05 | $1.06 | 1.04% | $257.3M | $319.2M |
| Q3 2021 | Nov 5, 2021 | $0.89 | $0.84 | -5.97% | $207.2M | $259.7M |

## Frequently Asked Questions

### When did Northern Oil and Gas (NOG) last report earnings?

Northern Oil and Gas last reported on Aug 6, 2026, covering fiscal Q2 2026.

### Did NOG beat earnings estimates?

No. Northern Oil and Gas reported EPS of $1.13 for Q2 2026 against a $1.18 estimate — a 3.83% miss.

### How much revenue did NOG report last quarter?

Northern Oil and Gas reported $745.2M in revenue for Q2 2026, against a consensus estimate of $594.1M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).