Northern Oil & Gas Inc Capital Reinvestment Ratio

Latest as of June 2026: 1.18x

Northern Oil & Gas Inc capital reinvestment ratio. Northern Oil & Gas Inc (NOG) has a Capital Reinvestment Ratio of 1.18x as of June 2026, meaning it reinvests 1% of its operating cash flow ($321.62 Million) in capital expenditures ($379.81 Million). Check NOG cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Capital Reinvestment Ratio

1.18x
Capex / Operating Cash Flow

Operating Cash Flow

$321.62 Million
USD

Capital Expenditures

$379.81 Million
USD

Data as of

Jun 2026
Most recent filing

Capital Reinvestment Ratio of Northern Oil & Gas Inc (2008–2025)

Capital reinvestment ratio of Northern Oil & Gas Inc from 2008 to 2025. This chart tracks Northern Oil & Gas Inc's Capital Reinvestment Ratio across 18 annual periods. Also explore Northern Oil & Gas Inc (NOG) net asset momentum to track the company's year-over-year net asset growth rate.

Northern Oil & Gas Inc Capital Reinvestment Ratio by Year (2008–2025)

Northern Oil & Gas Inc capital reinvestment ratio by year from 2008 to 2025. For the full cash flow conversion analysis, see NOG cash flow metrics.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2025 0.83x $1.51 Billion $1.25 Billion ▼ -30.0%
2024 1.19x $1.41 Billion $1.67 Billion ▼ -24.5%
2023 1.57x $1.18 Billion $1.86 Billion ▲ +7.5%
2022 1.46x $928.42 Million $1.36 Billion ▼ -2.2%
2021 1.50x $396.47 Million $593.78 Million ▲ +75.0%
2020 0.86x $331.69 Million $283.93 Million ▼ -48.9%
2019 1.68x $339.75 Million $569.13 Million ▼ -13.8%
2018 1.94x $244.26 Million $474.59 Million ▲ +18.7%
2017 1.64x $72.97 Million $119.41 Million ▲ +79.0%
2016 0.91x $101.89 Million $93.15 Million ▼ -21.9%
2015 1.17x $247.02 Million $289.15 Million ▼ -32.7%
2014 1.74x $274.26 Million $477.04 Million ▲ +7.5%
2013 1.62x $222.77 Million $360.45 Million ▼ -39.6%
2012 2.68x $198.53 Million $532.21 Million ▼ -33.2%
2011 4.01x $85.15 Million $341.81 Million ▲ +51.5%
2010 2.65x $73.31 Million $194.21 Million ▼ -46.4%
2009 4.95x $9.81 Million $48.54 Million ▼ -73.5%
2008 18.66x $2.51 Million $46.78 Million —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow