Northern Oil and Gas, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $14.3M | $8.9M | $8.2M | $2.5M | $9.5M | $1.4M | $16.1M | $2.4M |
| Accounts Receivable | $349.9M | $389.7M | $370.5M | $271.3M | $193.6M | $71.0M | $108.3M | $96.4M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $586.0M | $500.7M | $509.4M | $320.5M | $215.3M | $125.6M | $133.0M | $228.4M |
| Property, Plant & Equipment | $4.75B | $5.08B | $3.93B | $2.48B | $1.25B | $735.2M | $1.75B | $1.20B |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $5.41B | $5.60B | $4.48B | $2.88B | $1.52B | $872.1M | $1.91B | $1.50B |
| Liabilities | ||||||||
| Accounts Payable | $218.6M | $202.9M | $192.7M | $128.6M | $65.5M | $35.8M | $69.4M | $55.0M |
| Total Current Liabilities | $539.3M | $544.3M | $385.8M | $345.0M | $327.6M | $182.5M | $203.5M | $231.5M |
| Long-Term Debt | $2.40B | $2.37B | $1.84B | $1.53B | $803.4M | $879.8M | $1.12B | $830.2M |
| Total Liabilities | $3.28B | $3.28B | $2.44B | $2.13B | $1.31B | $1.10B | $1.35B | $1.07B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $481.3M | $442.5M | $-77.8M | $-1.00B | $-1.77B | $-1.78B | $-873.2M | $-796.9M |
| Total Stockholders' Equity | $2.13B | $2.32B | $2.05B | $745.3M | $215.1M | $-223.3M | $558.6M | $429.9M |