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 0.189x 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. Read total liabilities of Northern Oil & Gas Inc for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Hangzhou Shunwang Tech
SHE:300113
|
0.046x |
|
Arcadis N.V.
AS:ARCAD
|
0.461x |
|
Shanghai Feilo Acoustics Co Ltd
SHG:600651
|
0.054x |
|
Medco Energi Internasional Tbk
JK:MEDC
|
0.092x |
|
California Water Service Group
NYSE:CWT
|
0.098x |
|
Leyard Optoelectronic
SHE:300296
|
0.020x |
|
LG Household & Healthcare
KO:051900
|
0.016x |
|
Shanghai Phichem Material Co Ltd Class A
SHE:300398
|
0.030x |
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. For the full company profile with market capitalisation and key ratios, see Northern Oil & Gas Inc (NOG) market capitalisation.
| 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 | -- |
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. The company was founded in 2006 and is headquartered in Minnetonka, Minnesota.