Northern Oil & Gas Inc (NOG) — Free Cash Flow Generation Index
Northern Oil & Gas Inc (NOG) has a Free Cash Flow Generation Index of 1.00x as of June 2026. Free cash flow of $321.62 Million represents 1% of operating cash flow ($321.62 Million). Explore Northern Oil & Gas Inc (NOG) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Northern Oil & Gas Inc Free Cash Flow Generation Index (2008–2025)
Historical FCF Generation Index trend for Northern Oil & Gas Inc across 18 annual periods. For the full cash flow conversion analysis, see Northern Oil & Gas Inc operating cash flow efficiency.
Annual Free Cash Flow Generation for Northern Oil & Gas Inc (2008–2025)
Year-by-year Free Cash Flow Generation Index for Northern Oil & Gas Inc. Check Northern Oil & Gas Inc investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.17x | $252.83 Million | $1.51 Billion | $1.25 Billion | ▲ +188.9% |
| 2024 | -0.19x | $-266.09 Million | $1.41 Billion | $1.67 Billion | ▲ +67.1% |
| 2023 | -0.57x | $-679.02 Million | $1.18 Billion | $1.86 Billion | ▼ -23.5% |
| 2022 | -0.46x | $-431.36 Million | $928.42 Million | $1.36 Billion | ▲ +6.6% |
| 2021 | -0.50x | $-197.32 Million | $396.47 Million | $593.78 Million | ▼ -445.7% |
| 2020 | 0.14x | $47.76 Million | $331.69 Million | $283.93 Million | ▲ +121.3% |
| 2019 | -0.68x | $-229.38 Million | $339.75 Million | $569.13 Million | ▲ +28.4% |
| 2018 | -0.94x | $-230.32 Million | $244.26 Million | $474.59 Million | ▼ -48.1% |
| 2017 | -0.64x | $-46.44 Million | $72.97 Million | $119.41 Million | ▼ -842.0% |
| 2016 | 0.09x | $8.74 Million | $101.89 Million | $93.15 Million | ▲ +150.3% |
| 2015 | -0.17x | $-42.13 Million | $247.02 Million | $289.15 Million | ▲ +76.9% |
| 2014 | -0.74x | $-202.78 Million | $274.26 Million | $477.04 Million | ▼ -19.6% |
| 2013 | -0.62x | $-137.67 Million | $222.77 Million | $360.45 Million | ▲ +63.2% |
| 2012 | -1.68x | $-333.68 Million | $198.53 Million | $532.21 Million | ▲ +44.2% |
| 2011 | -3.01x | $-256.67 Million | $85.15 Million | $341.81 Million | ▼ -82.8% |
| 2010 | -1.65x | $-120.90 Million | $73.31 Million | $194.21 Million | ▲ +58.2% |
| 2009 | -3.95x | $-38.73 Million | $9.81 Million | $48.54 Million | ▲ +77.7% |
| 2008 | -17.66x | $-44.27 Million | $2.51 Million | $46.78 Million | — |