Northern Oil & Gas Inc (NOG) - Total Assets
Based on the latest financial reports, Northern Oil & Gas Inc (NOG) holds total assets worth $5.51 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check NOG cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Northern Oil & Gas Inc - Total Assets Trend (2007–2025)
This chart illustrates how Northern Oil & Gas Inc's total assets have evolved over time, based on quarterly financial data. Explore Northern Oil & Gas Inc (NOG) investment intensity to see how much of total assets are deployed in long-term investments.
Northern Oil & Gas Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Northern Oil & Gas Inc's total assets of $5.51 Billion consist of 10.8% current assets and 89.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $14.30 Million | 0.3% |
| Accounts Receivable | $349.93 Million | 6.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $4.75 Billion | 87.7% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2007–2025)
This chart illustrates how Northern Oil & Gas Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Northern Oil & Gas Inc market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Northern Oil & Gas Inc's current assets represent 10.8% of total assets in 2025, a decrease from 57.9% in 2007.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2025, down from 55.8% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is property, plant & equipment at 87.7% of total assets.
Northern Oil & Gas Inc Competitors by Total Assets
Key competitors of Northern Oil & Gas Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Woodside Energy Group Ltd
NYSE:WDS
|
USA | $66.50 Billion |
|
Aker BP ASA
OL:AKRBP
|
Norway | Nkr42.88 Billion |
|
Santos Ltd
AU:STO
|
Australia | AU$32.05 Billion |
|
ARC Resources Ltd.
TO:ARX
|
Canada | CA$14.18 Billion |
|
Tamarack Valley Energy Ltd
TO:TVE
|
Canada | CA$3.47 Billion |
|
Vista Energy S.A.B. de C.V.
BA:VIST
|
Argentina | AR$7.72 Billion |
|
Spartan Delta Corp
TO:SDE
|
Canada | CA$1.35 Billion |
|
Beach Energy Ltd
AU:BPT
|
Australia | AU$5.42 Billion |
Northern Oil & Gas Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.53 | 0.92 | 0.46 |
| Quick Ratio | 0.53 | 0.92 | 0.46 |
| Cash Ratio | 0.00 | 0.06 | 0.02 |
| Working Capital | $-426.48 Million | $-42.71 Million | $-161.17 Million |
Northern Oil & Gas Inc - Advanced Valuation Insights
This section examines the relationship between Northern Oil & Gas Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.42 |
| Latest Market Cap to Assets Ratio | 0.39 |
| Asset Growth Rate (YoY) | -3.5% |
| Total Assets | $5.41 Billion |
| Market Capitalization | $2.09 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Northern Oil & Gas Inc's assets below their book value (0.39x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Northern Oil & Gas Inc's assets decreased by 3.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Northern Oil & Gas Inc (2007–2025)
The table below shows the annual total assets of Northern Oil & Gas Inc from 2007 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $5.41 Billion | -3.47% |
| 2024-12-31 | $5.60 Billion | +24.97% |
| 2023-12-31 | $4.48 Billion | +55.96% |
| 2022-12-31 | $2.88 Billion | +88.80% |
| 2021-12-31 | $1.52 Billion | +74.62% |
| 2020-12-31 | $872.09 Million | -54.23% |
| 2019-12-31 | $1.91 Billion | +26.72% |
| 2018-12-31 | $1.50 Billion | +137.82% |
| 2017-12-31 | $632.25 Million | +46.51% |
| 2016-12-31 | $431.53 Million | -41.20% |
| 2015-12-31 | $733.95 Million | -63.79% |
| 2014-12-31 | $2.03 Billion | +33.37% |
| 2013-12-31 | $1.52 Billion | +27.60% |
| 2012-12-31 | $1.19 Billion | +64.13% |
| 2011-12-31 | $725.59 Million | +42.36% |
| 2010-12-31 | $509.69 Million | +275.89% |
| 2009-12-31 | $135.59 Million | +115.66% |
| 2008-12-31 | $62.88 Million | +246.78% |
| 2007-12-31 | $18.13 Million | -- |
About Northern Oil & Gas Inc
Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. Northern Oil and Gas, Inc. was founded in 2006 and is headquartered in Minnetonka, Minnesota.