Northern Oil & Gas Inc (NOG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Northern Oil & Gas Inc (NOG) has a cash flow conversion efficiency ratio of 0.181x as of March 2026. 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 ($323.62 Million) by net assets ($1.78 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NOG net asset quality index to measure how much of total assets are equity-financed.
Northern Oil & Gas Inc - Cash Flow Conversion Efficiency Trend (2007–2025)
This chart illustrates how Northern Oil & Gas Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check cash flow quality index of Northern Oil & Gas Inc to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Qingdao Sentury Tire Co Ltd
SHE:002984
|
0.014x |
|
Sendas Distribuidora S.A.
SA:ASAI3
|
-0.144x |
|
Wuxi Huaguang Boiler Co Ltd
SHG:600475
|
0.066x |
|
Sinbon Electronics Co Ltd
TW:3023
|
0.040x |
|
Melexis NV
BR:MELE
|
0.097x |
|
EMEIS SA
PA:EMEIS
|
0.441x |
|
DXP Enterprises Inc
NASDAQ:DXPE
|
0.071x |
|
Calumet Specialty Products Partners
NASDAQ:CLMT
|
-0.223x |
Annual Cash Flow Conversion Efficiency for Northern Oil & Gas Inc (2007–2025)
The table below shows the annual cash flow conversion efficiency of Northern Oil & Gas Inc from 2007 to 2025. For the full company profile with market capitalisation and key ratios, see how much is Northern Oil & Gas Inc worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $2.13 Billion | $1.51 Billion | 0.708x | +16.61% |
| 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 | -- |
About 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. Northern Oil and Gas, Inc. was founded in 2006 and is headquartered in Minnetonka, Minnesota.