Northern Oil and Gas, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $38.8M | $520.3M | $923.0M | $773.2M | $6.4M | $-906.0M | $-76.3M | $143.7M |
| Depreciation & Amortization | — | — | — | — | — | — | — | $100.0K |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $15.4M | $12.0M | $5.7M | $5.7M | $3.6M | $4.1M | $8.0M | $4.0M |
| Net Cash from Operating Activities | $1.51B | $1.41B | $1.18B | $928.4M | $396.5M | $331.7M | $339.8M | $244.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $759.0K | $128.0K | $1.2M | $4.6M | $556.0K | $295.0K | $1.2M | $86.8K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.25B | $-1.67B | $-1.86B | $-1.40B | $-634.4M | $-283.9M | $-569.1M | $-474.5M |
| Financing Activities | ||||||||
| Dividends Paid | $173.4M | $162.0M | $123.9M | $51.6M | $4.9M | $0 | $0 | — |
| Stock Repurchases | $57.0M | $94.5M | $8.0M | $54.5M | $0 | $0 | $15.1M | $22.2M |
| Net Cash from Financing Activities | $-247.5M | $266.8M | $684.7M | $467.4M | $246.1M | $-62.4M | $243.1M | $130.4M |
| Net Change in Cash | $5.4M | $738.0K | $5.7M | $-7.0M | $8.1M | $-14.6M | $13.7M | $-99.8M |
| Free Cash Flow | $1.50B | $1.41B | $1.18B | $923.8M | $395.9M | $331.4M | $338.6M | $244.2M |