Northern Oil & Gas Inc Financial Flexibility Index
Northern Oil & Gas Inc financial flexibility index. Northern Oil & Gas Inc (NOG) has a Financial Flexibility Index of 0.18x as of June 2026. Free cash flow of $701.43 Million (operating CF $321.62 Million minus capex $379.81 Million) represents 0% of total liabilities ($3.83 Billion). Explore Northern Oil & Gas Inc capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Northern Oil & Gas Inc (2007–2025)
Financial flexibility index of Northern Oil & Gas Inc from 2007 to 2025. Historical Financial Flexibility Index trend for Northern Oil & Gas Inc across 19 annual periods. Check cash flow reinvestment rate of Northern Oil & Gas Inc to assess the company's total reinvestment commitment from operating cash flow.
Northern Oil & Gas Inc Financial Flexibility Index by Year (2007–2025)
Northern Oil & Gas Inc financial flexibility index by year from 2007 to 2025. Year-by-year free cash flow to debt coverage for Northern Oil & Gas Inc. For the full cash flow conversion analysis, see Northern Oil & Gas Inc cash conversion from operations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.84x | $2.76 Billion | $1.51 Billion | $3.28 Billion | ▼ -10.6% |
| 2024 | 0.94x | $3.08 Billion | $1.41 Billion | $3.28 Billion | ▼ -24.9% |
| 2023 | 1.25x | $3.05 Billion | $1.18 Billion | $2.44 Billion | ▲ +16.4% |
| 2022 | 1.07x | $2.29 Billion | $928.42 Million | $2.13 Billion | ▲ +41.9% |
| 2021 | 0.76x | $990.25 Million | $396.47 Million | $1.31 Billion | ▲ +34.7% |
| 2020 | 0.56x | $615.61 Million | $331.69 Million | $1.10 Billion | ▼ -16.7% |
| 2019 | 0.67x | $908.88 Million | $339.75 Million | $1.35 Billion | ▲ +0.8% |
| 2018 | 0.67x | $718.85 Million | $244.26 Million | $1.07 Billion | ▲ +290.8% |
| 2017 | 0.17x | $192.38 Million | $72.97 Million | $1.12 Billion | ▼ -19.3% |
| 2016 | 0.21x | $195.04 Million | $101.89 Million | $918.95 Million | ▼ -63.1% |
| 2015 | 0.58x | $536.16 Million | $247.02 Million | $931.55 Million | ▼ -3.8% |
| 2014 | 0.60x | $751.30 Million | $274.26 Million | $1.26 Billion | ▼ -7.7% |
| 2013 | 0.65x | $583.22 Million | $222.77 Million | $899.77 Million | ▼ -46.4% |
| 2012 | 1.21x | $730.74 Million | $198.53 Million | $604.75 Million | ▼ -35.2% |
| 2011 | 1.86x | $426.96 Million | $85.15 Million | $229.02 Million | ▼ -48.2% |
| 2010 | 3.60x | $267.52 Million | $73.31 Million | $74.33 Million | ▼ -25.8% |
| 2009 | 4.85x | $58.36 Million | $9.81 Million | $12.04 Million | ▲ +31.9% |
| 2008 | 3.68x | $49.29 Million | $2.51 Million | $13.41 Million | ▼ -82.0% |
| 2007 | 20.46x | $4.59 Million | $-491.51K | $224.25K | — |