Northern Oil & Gas Inc Net Asset Quality Index
Northern Oil & Gas Inc net asset quality index. Northern Oil & Gas Inc (NOG) has a Net Asset Quality Index of 34.2% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $5.83 Billion minus total liabilities of $3.83 Billion yields net assets of $2.00 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check how high is Northern Oil & Gas Inc's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Northern Oil & Gas Inc (2007–2025)
Net asset quality index of Northern Oil & Gas Inc from 2007 to 2025. This chart shows how Northern Oil & Gas Inc's Net Asset Quality Index has evolved across 19 annual periods from 2007 to 2025. As of June 2026, the index stands at 34.2%, representing net assets of $2.00 Billion against total assets of $5.83 Billion USD. See NOG net asset value for net asset value and shareholders' equity analysis.
Northern Oil & Gas Inc Net Asset Quality Index by Year (2007–2025)
Northern Oil & Gas Inc net asset quality index by year from 2007 to 2025. The table below presents the year-by-year Net Asset Quality Index for Northern Oil & Gas Inc from 2007 to 2025, covering 19 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see Northern Oil & Gas Inc stock valuation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 39.3% | $2.13 Billion | $5.41 Billion | $3.28 Billion | ▼ -2.1 pp |
| 2024 | 41.4% | $2.32 Billion | $5.60 Billion | $3.28 Billion | ▼ -4.3 pp |
| 2023 | 45.7% | $2.05 Billion | $4.48 Billion | $2.44 Billion | ▲ +19.7 pp |
| 2022 | 25.9% | $745.26 Million | $2.88 Billion | $2.13 Billion | ▲ +11.8 pp |
| 2021 | 14.1% | $215.13 Million | $1.52 Billion | $1.31 Billion | ▲ +39.7 pp |
| 2020 | -25.6% | $-223.30 Million | $872.09 Million | $1.10 Billion | ▼ -54.9 pp |
| 2019 | 29.3% | $558.64 Million | $1.91 Billion | $1.35 Billion | ▲ +0.7 pp |
| 2018 | 28.6% | $429.86 Million | $1.50 Billion | $1.07 Billion | ▲ +106.2 pp |
| 2017 | -77.6% | $-490.84 Million | $632.25 Million | $1.12 Billion | ▲ +35.3 pp |
| 2016 | -113.0% | $-487.42 Million | $431.53 Million | $918.95 Million | ▼ -86.0 pp |
| 2015 | -26.9% | $-197.60 Million | $733.95 Million | $931.55 Million | ▼ -65.0 pp |
| 2014 | 38.0% | $770.86 Million | $2.03 Billion | $1.26 Billion | ▼ -2.8 pp |
| 2013 | 40.8% | $619.83 Million | $1.52 Billion | $899.77 Million | ▼ -8.4 pp |
| 2012 | 49.2% | $586.19 Million | $1.19 Billion | $604.75 Million | ▼ -19.2 pp |
| 2011 | 68.4% | $496.57 Million | $725.59 Million | $229.02 Million | ▼ -17.0 pp |
| 2010 | 85.4% | $435.36 Million | $509.69 Million | $74.33 Million | ▼ -5.7 pp |
| 2009 | 91.1% | $123.56 Million | $135.59 Million | $12.04 Million | ▲ +12.5 pp |
| 2008 | 78.7% | $49.46 Million | $62.88 Million | $13.41 Million | ▼ -20.1 pp |
| 2007 | 98.8% | $17.91 Million | $18.13 Million | $224.25K | — |