Northern Oil And Gas Profit Margin 2010-2023 | NOG

Current and historical gross margin, operating margin and net profit margin for Northern Oil And Gas (NOG) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Northern Oil And Gas net profit margin as of December 31, 2023 is 42.61%.
Northern Oil And Gas Annual Profit Margins
Northern Oil And Gas Quarterly Profit Margins
Sector Industry Market Cap Revenue
Oils/Energy Oil & Gas - US Exploration and Production $4.294B $2.166B
Northern Oil and Gas, Inc. is an independent upstream operator engaged in the acquisition, exploration, development and production of oil and natural gas properties. The firm is primarily focused on three leading basins of the United States - the Williston, Permian and the Appalachian. Northern employs a unique strategy wherein it owns non-operating, minority interests in oil and gas wells, which are majority-owned and operated by some leading producers. As part of this low-cost model, the company does not drill any well but essentially provides financing for its acreage. The Williston Basin in North Dakota and Montana is the company's core operating region.
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