Northern Oil & Gas Inc (NOG) — Cash Flow Reinvestment Rate
Northern Oil & Gas Inc (NOG) has a Cash Flow Reinvestment Rate of 1.18x as of June 2026, reinvesting $379.81 Million (capex $379.81 Million ) from operating cash flow of $321.62 Million. See cash generation quality of Northern Oil & Gas Inc to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Northern Oil & Gas Inc Cash Flow Reinvestment Rate (2008–2025)
Historical reinvestment intensity for Northern Oil & Gas Inc across 18 annual periods. For the full cash flow conversion analysis, see Northern Oil & Gas Inc cash conversion from operations.
Annual Cash Flow Reinvestment Rate for Northern Oil & Gas Inc (2008–2025)
Year-by-year capital reinvestment analysis for Northern Oil & Gas Inc. See Northern Oil & Gas Inc (NOG) financial flexibility to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.83x | $1.25 Billion | $1.51 Billion | $1.25 Billion | ▼ -65.0% |
| 2024 | 2.38x | $3.35 Billion | $1.41 Billion | $1.67 Billion | ▼ -27.7% |
| 2023 | 3.29x | $3.89 Billion | $1.18 Billion | $1.86 Billion | ▲ +10.5% |
| 2022 | 2.98x | $2.76 Billion | $928.42 Million | $1.36 Billion | ▼ -3.9% |
| 2021 | 3.10x | $1.23 Billion | $396.47 Million | $593.78 Million | ▲ +80.9% |
| 2020 | 1.71x | $567.85 Million | $331.69 Million | $283.93 Million | ▼ -48.9% |
| 2019 | 3.35x | $1.14 Billion | $339.75 Million | $569.13 Million | ▼ -13.8% |
| 2018 | 3.89x | $949.10 Million | $244.26 Million | $474.59 Million | ▲ +18.8% |
| 2017 | 3.27x | $238.65 Million | $72.97 Million | $119.41 Million | ▲ +81.0% |
| 2016 | 1.81x | $184.11 Million | $101.89 Million | $93.15 Million | ▲ +54.4% |
| 2015 | 1.17x | $289.15 Million | $247.02 Million | $289.15 Million | ▼ -32.7% |
| 2014 | 1.74x | $477.04 Million | $274.26 Million | $477.04 Million | ▲ +7.5% |
| 2013 | 1.62x | $360.45 Million | $222.77 Million | $360.45 Million | ▼ -39.6% |
| 2012 | 2.68x | $532.21 Million | $198.53 Million | $532.21 Million | ▼ -33.2% |
| 2011 | 4.01x | $341.81 Million | $85.15 Million | $341.81 Million | ▲ +51.5% |
| 2010 | 2.65x | $194.21 Million | $73.31 Million | $194.21 Million | ▼ -46.4% |
| 2009 | 4.95x | $48.54 Million | $9.81 Million | $48.54 Million | ▼ -73.5% |
| 2008 | 18.66x | $46.78 Million | $2.51 Million | $46.78 Million | — |