Northern Oil & Gas Inc (NOG) — Free Cash Flow Generation Index
Northern Oil & Gas Inc (NOG) has a Free Cash Flow Generation Index of -0.96x as of March 2026. Free cash flow of $-311.06 Million represents -1% of operating cash flow ($323.62 Million). See NOG net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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. Explore Northern Oil & Gas Inc (NOG) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
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. For the full company profile including market capitalisation, see NOG market cap.
| 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 | ▲ +183.5% |
| 2024 | -0.20x | $-283.19 Million | $1.41 Billion | $1.69 Billion | ▲ +64.1% |
| 2023 | -0.56x | $-661.93 Million | $1.18 Billion | $1.85 Billion | ▼ -20.4% |
| 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 | — |