Northern Oil & Gas Inc (NOG) — 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). Check Northern Oil & Gas Inc investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Northern Oil & Gas Inc Financial Flexibility Index (2007–2025)
Historical Financial Flexibility Index trend for Northern Oil & Gas Inc across 19 annual periods. For the full cash flow conversion analysis, see how efficiently does Northern Oil & Gas Inc generate cash.
Annual Financial Flexibility Index for Northern Oil & Gas Inc (2007–2025)
Year-by-year free cash flow to debt coverage for Northern Oil & Gas Inc. Explore debt repayment capacity of Northern Oil & Gas Inc to assess how comfortably operating cash covers total debt obligations.
| 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 | — |