Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Northern Oil and Gas, Inc. (NOG) had Return on Tangible Equity of 4.13% for the most recently reported fiscal quarter, ending 2025-06-30.

Quarterly Annual

Figures for fiscal quarter ending 2025-06-30

Income Statement Financials
Revenue	$706.81M
Net Income	$99.58M
Cost of Goods Sold	$157.05M
Gross Profit	$549.76M
Operating Expenses	$530.64M
Operating Income	$176.17M
Non-Operating Income/Expense	$-44.39M
Pre-Tax Income	$131.78M
Normalized Pre-Tax Income	$131.78M
Income after Taxes	$99.58M
Income from Continuous Operations	$99.58M
Consolidated Net Income/Loss	$99.58M
Normalized Income after Taxes	$99.58M
EBIT	$176.17M
EBITDA	$384.10M
Weighted-Average Shares Outstanding (Basic)	98.06M
Weighted-Average Shares Outstanding (Diluted)	99.39M
Earnings per Share (EPS) (Basic)	$1.02
Earnings per Share (EPS) (Diluted)	$1.00
Balance Sheet Financials
Current Assets	$588.36M
Property, Plant, and Equipment	$5.09B
Long-Term Assets	$5.11B
Total Assets	$5.70B
Current Liabilities	$488.20M
Long-Term Debt	$2.37B
Long-Term Liabilities	$2.80B
Total Liabilities	$3.29B
Common Equity	$2.41B
Tangible Shareholders Equity	$2.41B
Shareholders Equity	$2.41B
Common Shares Outstanding	97.59M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$769.54M
Cash Flow from Investing Activities	$-591.81M
Cash Flow from Financial Activities	$-160.80M
Beginning Cash	$8.93M
End Cash	$25.86M
Increase/Decrease in Cash	$16.92M
Stock-Based Compensation	$7.35M
Common Stock Dividends Paid	$-86.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.21
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.50
Debt to Equity Ratio	0.98
Gross Margin	77.78%
Operating Margin	24.92%
EBIT Margin	24.92%
EBITDA Margin	--
Pre-Tax Profit Margin	18.64%
Profit Margin	14.09%
Free Cash Flow	$177.72M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.12
Inventory Turnover	--
Receiveable Turnover	1.67
Days Sales in Receivables	53.74
Return on Equity	4.13%
Return on Tangible Equity	4.13%
Return on Assets	1.75%
Return on Investments	2.08%
Book Value Per Share	$24.72
Free Cash Flow per Share	$1.79
Operating Cash Flow per Share	$7.74

Data from Zacks Investment Research, Inc.