Northern Oil & Gas Inc
Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. The company was founded in 2006 and is headquartered in Minnetonka, Minnesota.
Northern Oil & Gas Inc (NOG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.189x
Based on the latest financial reports, Northern Oil & Gas Inc (NOG) has a cash flow conversion efficiency ratio of 0.189x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($423.12 Million) by net assets ($2.24 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Northern Oil & Gas Inc - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Northern Oil & Gas Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Northern Oil & Gas Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Northern Oil & Gas Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Loomis AB ser. B
ST:LOOMIS
|
0.151x |
|
SIASUN Robot Automation Co
SHE:300024
|
-0.019x |
|
Great Microwave Technology Co. Ltd. A
SHG:688270
|
0.005x |
|
MAINFREIGHT LTD
F:NK7
|
N/A |
|
Constellium SE
F:3OK
|
0.115x |
|
Shanghai Xinmei Real Estate Co Ltd Class A
SHG:600732
|
-0.011x |
|
Incitec Pivot Limited
PINK:ICPVF
|
0.046x |
|
Sendas Distribuidora S.A.
PINK:ASAIY
|
0.276x |
Annual Cash Flow Conversion Efficiency for Northern Oil & Gas Inc (2007–2024)
The table below shows the annual cash flow conversion efficiency of Northern Oil & Gas Inc from 2007 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $2.32 Billion | $1.41 Billion | 0.607x | +5.05% |
| 2023-12-31 | $2.05 Billion | $1.18 Billion | 0.578x | -53.61% |
| 2022-12-31 | $745.26 Million | $928.42 Million | 1.246x | -32.40% |
| 2021-12-31 | $215.13 Million | $396.47 Million | 1.843x | +224.07% |
| 2020-12-31 | $-223.30 Million | $331.69 Million | -1.485x | -344.23% |
| 2019-12-31 | $558.64 Million | $339.75 Million | 0.608x | +7.03% |
| 2018-12-31 | $429.86 Million | $244.26 Million | 0.568x | +482.24% |
| 2017-12-31 | $-490.84 Million | $72.97 Million | -0.149x | +28.89% |
| 2016-12-31 | $-487.42 Million | $101.89 Million | -0.209x | +83.28% |
| 2015-12-31 | $-197.60 Million | $247.02 Million | -1.250x | -451.36% |
| 2014-12-31 | $770.86 Million | $274.26 Million | 0.356x | -1.01% |
| 2013-12-31 | $619.83 Million | $222.77 Million | 0.359x | +6.12% |
| 2012-12-31 | $586.19 Million | $198.53 Million | 0.339x | +97.51% |
| 2011-12-31 | $496.57 Million | $85.15 Million | 0.171x | +1.84% |
| 2010-12-31 | $435.36 Million | $73.31 Million | 0.168x | +112.02% |
| 2009-12-31 | $123.56 Million | $9.81 Million | 0.079x | +56.73% |
| 2008-12-31 | $49.46 Million | $2.51 Million | 0.051x | +284.62% |
| 2007-12-31 | $17.91 Million | $-491.51K | -0.027x | -- |