$NOG
NORTHERN OIL & GAS, INC. Stock $nog

$nog Overview Financials Valuation SEC Filings Company Website

2018 Q1 Form 10-Q Financial Statement

#000110448518000065 Filed on May 07, 2018

Income Statement

Concept	2018 Q1	2017 Q1
Revenue	$66.61M	$65.82M
YoY Change	1.21%	106.74%
Cost Of Revenue	$12.49M	$16.10M
YoY Change	-22.43%	9.52%
Gross Profit	$54.13M	$49.70M
YoY Change	8.9%	190.64%
Gross Profit Margin	81.25%	75.51%
Selling, General & Admin	$1.700M	$3.600M
YoY Change	-52.78%	-16.28%
% of Gross Profit	3.14%	7.24%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$18.60M	$12.80M
YoY Change	45.31%	-28.09%
% of Gross Profit	34.36%	25.75%
Operating Expenses	$40.71M	$32.57M
YoY Change	24.98%	-76.93%
Operating Profit	$25.91M	$33.24M
YoY Change	-22.08%	-130.39%
Interest Expense	$23.11M	$16.30M
YoY Change	41.73%	1.27%
% of Operating Profit	89.2%	49.04%
Other Income/Expense, Net	-$22.94M	-$16.30M
YoY Change	40.7%	-5.11%
Pretax Income	$2.965M	$16.94M
YoY Change	-82.5%	-113.38%
Income Tax	$0.00	$0.00
% Of Pretax Income	0.0%	0.0%
Net Earnings	$2.965M	$16.94M
YoY Change	-82.5%	-113.38%
Net Earnings / Revenue	4.45%	25.74%
Basic Earnings Per Share	$0.05	$0.28
Diluted Earnings Per Share	$0.05	$0.27
COMMON SHARES
Basic Shares Outstanding	65.22M shares	61.45M shares
Diluted Shares Outstanding	65.38M shares	61.97M shares

Balance Sheet

Concept	2018 Q1	2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$89.50M	$5.500M
YoY Change	1527.27%	25.0%
Cash & Equivalents	$89.47M	$5.519M
Short-Term Investments
Other Short-Term Assets	$5.500M	$7.400M
YoY Change	-25.68%	-83.56%
Inventory
Prepaid Expenses
Receivables	$51.28M	$33.95M
Other Receivables	$800.0K	$1.400M
Total Short-Term Assets	$147.0M	$48.19M
YoY Change	205.09%	-39.11%
LONG-TERM ASSETS
Property, Plant & Equipment	$510.7M	$390.8M
YoY Change	30.67%	-19.48%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$5.998M	$8.195M
YoY Change	-26.81%	-5.71%
Total Long-Term Assets	$517.5M	$401.1M
YoY Change	29.02%	-18.82%
TOTAL ASSETS
Total Short-Term Assets	$147.0M	$48.19M
Total Long-Term Assets	$517.5M	$401.1M
Total Assets	$664.5M	$449.2M
YoY Change	47.91%	-21.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$95.15M	$64.20M
YoY Change	48.2%	2.14%
Accrued Expenses	$6.608M	$4.721M
YoY Change	39.96%	-7.08%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$147.9M	$88.59M
YoY Change	67.0%	2.05%
LONG-TERM LIABILITIES
Long-Term Debt	$980.8M	$823.5M
YoY Change	19.1%	2.54%
Other Long-Term Liabilities	$24.50M	$7.300M
YoY Change	235.62%	25.86%
Total Long-Term Liabilities	$1.005B	$830.8M
YoY Change	21.0%	2.71%
TOTAL LIABILITIES
Total Short-Term Liabilities	$147.9M	$88.59M
Total Long-Term Liabilities	$1.005B	$830.8M
Total Liabilities	$1.153B	$919.3M
YoY Change	25.44%	2.64%
SHAREHOLDERS EQUITY
Retained Earnings	-$937.6M	-$914.4M
YoY Change	2.53%	19.62%
Common Stock	$448.8M	$444.3M
YoY Change	1.01%	0.54%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$488.8M	-$470.1M
YoY Change
Total Liabilities & Shareholders Equity	$664.5M	$449.2M
YoY Change	47.91%	-21.62%

Cashflow Statement

Concept	2018 Q1	2017 Q1
OPERATING ACTIVITIES
Net Income	$2.965M	$16.94M
YoY Change	-82.5%	-113.38%
Depreciation, Depletion And Amortization	$18.60M	$12.80M
YoY Change	45.31%	-28.09%
Cash From Operating Activities	$45.52M	$29.72M
YoY Change	53.18%	-46.17%
INVESTING ACTIVITIES
Capital Expenditures	$22.00K	$0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities		$0.00
YoY Change
Cash From Investing Activities	-$58.02M	-$20.27M
YoY Change	186.23%	0.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$0.00	$412.2K
YoY Change	-100.0%	-64.42%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$210.0K	-$10.41M
YoY Change	-97.98%	-69.55%
NET CHANGE
Cash From Operating Activities	$45.52M	$29.72M
Cash From Investing Activities	-$58.02M	-$20.27M
Cash From Financing Activities	-$210.0K	-$10.41M
Net Change In Cash	-$12.71M	-$967.3K
YoY Change	1213.97%	-207.48%
FREE CASH FLOW
Cash From Operating Activities	$45.52M	$29.72M
Capital Expenditures	$22.00K	$0.00
Free Cash Flow	$45.50M	$29.72M
YoY Change	53.11%	-46.17%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2018Q1	nog	Capitalized Asset Retirement Obligations CapitalizedAssetRetirementObligations	184305	USD
CY2018Q1	nog	Anticipated Timing Of Inclusion Of Cost In Amortization Calculation AnticipatedTimingOfInclusionOfCostInAmortizationCalculation	P5Y
CY2017Q1	nog	Average Acquisition Cost Per Net Acre AverageAcquisitionCostPerNetAcre	607
CY2018Q1	nog	Average Acquisition Cost Per Net Acre AverageAcquisitionCostPerNetAcre	1787
CY2018Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2018Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2018Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
CY2018Q1	dei	Document Period End Date DocumentPeriodEndDate	2018-03-31
CY2018Q1	dei	Document Type DocumentType	10-Q
CY2018Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001104485
CY2018Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	128187856	shares
CY2018Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2018Q1	dei	Entity Registrant Name EntityRegistrantName	NORTHERN OIL & GAS, INC.
CY2017Q4	nog	Advances To Operators AdvancesToOperators	604977	USD
CY2018Q1	nog	Advances To Operators AdvancesToOperators	3023851	USD
CY2017Q1	nog	Capitalized Certain Payroll And Other Internal Costs CapitalizedCertainPayrollAndOtherInternalCosts	204873	USD
CY2018Q1	nog	Capitalized Certain Payroll And Other Internal Costs CapitalizedCertainPayrollAndOtherInternalCosts	170850	USD
CY2017Q1	nog	Capitalized Costs Relatedto Expired Leases Subjectto Depletion CapitalizedCostsRelatedtoExpiredLeasesSubjecttoDepletion	3800000	USD
CY2018Q1	nog	Capitalized Costs Relatedto Expired Leases Subjectto Depletion CapitalizedCostsRelatedtoExpiredLeasesSubjecttoDepletion	3800000	USD
CY2017Q1	nog	Cash Received Paid On Derivatives CashReceivedPaidOnDerivatives	-95659	USD
CY2018Q1	nog	Cash Received Paid On Derivatives CashReceivedPaidOnDerivatives	-8130137	USD
CY2018Q1	nog	Crude Oil And Natural Gas Properties Discount Rate CrudeOilAndNaturalGasPropertiesDiscountRate	0.1
CY2017Q1	nog	Depletion Depreciation Amortization And Accretion DepletionDepreciationAmortizationAndAccretion	12828143	USD
CY2018Q1	nog	Depletion Depreciation Amortization And Accretion DepletionDepreciationAmortizationAndAccretion	18630629	USD
CY2017Q1	nog	Gas And Oil Acreage Net Acres Acquired GasAndOilAcreageNetAcresAcquired	371	acre
CY2018Q1	nog	Gas And Oil Acreage Net Acres Acquired GasAndOilAcreageNetAcresAcquired	1176	acre
CY2018Q1	nog	Gas And Oil Acreage Net Mineral Rights GasAndOilAcreageNetMineralRights	142075	acre
CY2017Q1	nog	Impairment Costs Related To Expired Leases Subject To Depletion ImpairmentCostsRelatedToExpiredLeasesSubjectToDepletion	100000	USD
CY2018Q1	nog	Impairment Costs Related To Expired Leases Subject To Depletion ImpairmentCostsRelatedToExpiredLeasesSubjectToDepletion	100000	USD
CY2018Q1	nog	Minimum Amount Tax Benefits Likely Realized Upon Settlement Percentage MinimumAmountTaxBenefitsLikelyRealizedUponSettlementPercentage	0.5
CY2018Q1	nog	Number Of Classes Of Shares NumberOfClassesOfShares	2	class
CY2018Q1	nog	Numberof Geographic Areasinwhich Entity Operates NumberofGeographicAreasinwhichEntityOperates	1	geographic_area
CY2018Q1	nog	Percentage Of Mineral Rights Developed PercentageOfMineralRightsDeveloped	0.89
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CY2018Q1	nog	Period For Advance Payments To Be Applied Against Joint Interest Billings PeriodForAdvancePaymentsToBeAppliedAgainstJointInterestBillings	P90D
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CY2018Q1	nog	Sale Of Stock Subscription Arrangement Amount Maximum SaleOfStockSubscriptionArrangementAmountMaximum	40000000.0	USD
CY2018Q1	nog	Sale Of Stock Subscription Arrangement Amount Maximum SaleOfStockSubscriptionArrangementAmountMaximum	52000000.0	USD
CY2018Q1	nog	Sale Of Stock Subscription Arrangement Equity Raise Lowest Price Per Share SaleOfStockSubscriptionArrangementEquityRaiseLowestPricePerShare	1.50
CY2018Q1	nog	Sale Of Stock Subscription Arrangement Price Per Share SaleOfStockSubscriptionArrangementPricePerShare	3.00
CY2017	nog	Stock Issued During Period Shares Sharebased Compensation Legal Settlement StockIssuedDuringPeriodSharesSharebasedCompensationLegalSettlement	3000000	shares
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CY2017Q1	nog	Total Capitalized Costs Oil And Gas Producing Activities TotalCapitalizedCostsOilAndGasProducingActivities	243641	USD
CY2018Q1	nog	Total Capitalized Costs Oil And Gas Producing Activities TotalCapitalizedCostsOilAndGasProducingActivities	205915	USD
CY2017Q4	nog	Unproven Leasehold Interests UnprovenLeaseholdInterests	14377	acre
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CY2018Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1400000	USD
CY2017Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	124018	shares
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CY2018Q1	us-gaap	Asset Retirement Obligation AssetRetirementObligation	200000	USD
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CY2017Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-1382976	USD
CY2018Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	353758	USD
CY2017Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	13948257	USD
CY2018Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	13981122	USD
CY2017Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	888188	USD
CY2018Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	723297	USD
CY2017Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	525967	shares
CY2018Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	167624	shares
CY2017Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	38768	USD
CY2018Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	35065	USD
CY2017Q1	us-gaap	Interest Expense InterestExpense	16303805	USD
CY2018Q1	us-gaap	Interest Expense InterestExpense	23106761	USD
CY2017Q1	us-gaap	Interest Paid InterestPaid	1280711	USD
CY2018Q1	us-gaap	Interest Paid InterestPaid	7630556	USD
CY2017Q4	us-gaap	Interest Payable Current InterestPayableCurrent	4836112	USD
CY2018Q1	us-gaap	Interest Payable Current InterestPayableCurrent	18839931	USD
CY2017Q4	us-gaap	Liabilities Liabilities	1123094229	USD
CY2018Q1	us-gaap	Liabilities Liabilities	1153246930	USD
CY2018Q1	us-gaap	Liabilities Current LiabilitiesCurrent	147942804	USD
CY2017Q4	us-gaap	Long Term Debt LongTermDebt	979324222	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	632253679	USD
CY2018Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	664470446	USD
CY2018Q1	us-gaap	Long Term Debt LongTermDebt	980800000	USD
CY2017Q4	us-gaap	Liabilities Current LiabilitiesCurrent	123575246	USD
CY2017Q4	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	979324222	USD
CY2018Q1	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	980782714	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-10412217	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-209611	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-20271464	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-58021512	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	29716382	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	45520677	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	16940523	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	2965097	USD
CY2017Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-16303625	USD
CY2018Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-22940126	USD
CY2017Q1	us-gaap	Oil And Gas Production Expense OilAndGasProductionExpense	11674348	USD
CY2018Q1	us-gaap	Oil And Gas Production Expense OilAndGasProductionExpense	12488422	USD
CY2017Q1	us-gaap	Oil And Gas Sales Revenue OilAndGasSalesRevenue	48848222	USD
CY2018Q1	us-gaap	Oil And Gas Sales Revenue OilAndGasSalesRevenue	86880814	USD
CY2017Q1	us-gaap	Operating Expenses OperatingExpenses	32572699	USD
CY2018Q1	us-gaap	Operating Expenses OperatingExpenses	40708240	USD
CY2017Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	33244148	USD
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	25905223	USD
CY2017Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	5490934	USD
CY2018Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	5998270	USD
CY2017Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-118976	USD
CY2018Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	39976	USD
CY2017Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	180	USD
CY2018Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	166635	USD
CY2017Q1	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	7742	USD
CY2018Q1	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	4100	USD
CY2017Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	412217	USD
CY2018Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	188152	USD
CY2017Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	USD
CY2018Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	21459	USD
CY2017Q1	us-gaap	Payments To Acquire Oil And Gas Property And Equipment PaymentsToAcquireOilAndGasPropertyAndEquipment	20271464	USD
CY2018Q1	us-gaap	Payments To Acquire Oil And Gas Property And Equipment PaymentsToAcquireOilAndGasPropertyAndEquipment	57999427	USD
CY2017Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	0	USD
CY2018Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	22085	USD
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2018Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2018Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	2333288	USD
CY2018Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	2454565	USD
CY2017Q1	us-gaap	Production Tax Expense ProductionTaxExpense	4461265	USD
CY2018Q1	us-gaap	Production Tax Expense ProductionTaxExpense	7922314	USD
CY2017Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	2588170780	USD
CY2018Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	2644099787	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	473219591	USD
CY2018Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	510666737	USD
CY2017Q4	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	981303	USD
CY2018Q1	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	1003388	USD
CY2017Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	10000000	USD
CY2018Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	0	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-940573732	USD
CY2018Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-937608635	USD
CY2017Q1	us-gaap	Revenues Revenues	65816847	USD
CY2018Q1	us-gaap	Revenues Revenues	66613463	USD
CY2017Q1	us-gaap	Share Based Compensation ShareBasedCompensation	613578	USD
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	-819595	USD
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod	0	shares
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	0	shares
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	0	shares
CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	250000	shares
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	250000	shares
CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	2.79
CY2018Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	2.79
CY2018Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	0.00
CY2018Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice	0.00
CY2018Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	0.00
CY2018Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	0.00
CY2017	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P1Y
CY2018Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P8M12D
CY2018Q1	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	100000	shares
CY2017	us-gaap	Stock Issued During Period Shares Other StockIssuedDuringPeriodSharesOther	108993	shares
CY2018Q1	us-gaap	Stock Issued During Period Shares Other StockIssuedDuringPeriodSharesOther	892086	shares
CY2017	us-gaap	Stock Issued During Period Shares Restricted Stock Award Gross StockIssuedDuringPeriodSharesRestrictedStockAwardGross	911355	shares
CY2018Q1	us-gaap	Stock Issued During Period Shares Restricted Stock Award Gross StockIssuedDuringPeriodSharesRestrictedStockAwardGross	127999	shares
CY2017	us-gaap	Stock Issued During Period Shares Share Based Compensation Forfeited StockIssuedDuringPeriodSharesShareBasedCompensationForfeited	270510	shares
CY2018Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation Forfeited StockIssuedDuringPeriodSharesShareBasedCompensationForfeited	89601	shares
CY2018Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	0	shares
CY2018Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures	200000	USD
CY2011Q2	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	150000000	USD
CY2017Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	0	shares
CY2018Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	0	shares
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	-490840550	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	-488776484	USD
CY2017Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	17056542	USD
CY2018Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-12141314	USD
CY2017Q1	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	0	USD
CY2018Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	USD
CY2017Q4	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	0	USD
CY2018Q1	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	0	USD
CY2018Q1	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	0	USD
CY2017Q1	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	6486000	USD
CY2018Q1	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	757000	USD
CY2017Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	61972123	shares
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	65382772	shares
CY2017Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	61446156	shares
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	65215148	shares
CY2017Q1	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	0	USD
CY2018Q1	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Concentrations of Market and Credit Risk</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The future results of the Company’s crude oil and natural gas operations will be affected by the market prices of crude oil and natural gas.  The availability of a ready market for crude oil and natural gas products in the future will depend on numerous factors beyond the control of the Company, including weather, imports, marketing of competitive fuels, proximity and capacity of crude oil and natural gas pipelines and other transportation facilities, any oversupply or undersupply of crude oil, natural gas and liquid products, the regulatory environment, the economic environment, and other regional and political events, none of which can be predicted with certainty.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company operates in the exploration, development and production sector of the crude oil and natural gas industry.  The Company’s receivables include amounts due from purchasers of its crude oil and natural gas production.  While certain of these customers are affected by periodic downturns in the economy in general or in their specific segment of the crude oil or natural gas industry, the Company believes that its level of credit-related losses due to such economic fluctuations has been and will continue to be immaterial to the Company’s results of operations over the long-term.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company manages and controls market and counterparty credit risk.  In the normal course of business, collateral is not required for financial instruments with credit risk.  Financial instruments which potentially subject the Company to credit risk consist principally of temporary cash balances and derivative financial instruments.  The Company maintains cash and cash equivalents in bank deposit accounts which, at times, may exceed the federally insured limits.  The Company has not experienced any significant losses from such investments.  The Company attempts to limit the amount of credit exposure to any one financial institution or company.  The Company believes the credit quality of its counterparties is generally high.  In the normal course of business, letters of credit or parent guarantees may be required for counterparties which management perceives to have a higher credit risk.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
CY2018Q1	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"> ORGANIZATION AND NATURE OF BUSINESS</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Northern Oil and Gas, Inc. (the “Company,” “Northern,” “our” and words of similar import), a Minnesota corporation, is an independent energy company engaged in the acquisition, exploration, exploitation, development and production of crude oil and natural gas properties.  The Company’s common stock trades on the NYSE American market under the symbol “NOG”.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Northern’s principal business is crude oil and natural gas exploration, development, and production with operations in North Dakota and Montana that primarily target the Bakken and Three Forks formations in the Williston Basin of the United States.  The Company acquires leasehold interests that comprise of non-operated working interests in wells and in drilling projects within its area of operations.  As of </font><font style="font-family:inherit;font-size:10pt;">March 31, 2018</font><font style="font-family:inherit;font-size:10pt;">, approximately </font><font style="font-family:inherit;font-size:10pt;">89%</font><font style="font-family:inherit;font-size:10pt;"> of Northern’s </font><font style="font-family:inherit;font-size:10pt;">142,075</font><font style="font-family:inherit;font-size:10pt;"> total net acres were developed.</font></div></div>
CY2018Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Use of Estimates</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements under GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  The most significant estimates relate to proved crude oil and natural gas reserve volumes, future development costs, estimates relating to certain crude oil and natural gas revenues and expenses, fair value of derivative instruments, impairment of oil and natural gas properties, and deferred income taxes.  Actual results may differ from those estimates.</font></div></div>

Files In Submission

Name	View Source	Status
0001104485-18-000065-index-headers.html	Edgar Link	pending
0001104485-18-000065-index.html	Edgar Link	pending
0001104485-18-000065.txt	Edgar Link	pending
0001104485-18-000065-xbrl.zip	Edgar Link	pending
exhibit1213-31x18.htm	Edgar Link	pending
exhibit311-3x31x18.htm	Edgar Link	pending
exhibit312-3x31x18.htm	Edgar Link	pending
exhibit321-3x31x18.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
nog-20180331.xml	Edgar Link	completed
nog-20180331.xsd	Edgar Link	pending
nog-20180331x10q.htm	Edgar Link	pending
nog-20180331_cal.xml	Edgar Link	unprocessable
nog-20180331_def.xml	Edgar Link	unprocessable
nog-20180331_lab.xml	Edgar Link	unprocessable
nog-20180331_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$NOG
NORTHERN OIL & GAS, INC. Stock $nog

2018 Q1 Form 10-Q Financial Statement

#000110448518000065 Filed on May 07, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NOG NORTHERN OIL & GAS, INC. Stock $nog

2018 Q1 Form 10-Q Financial Statement

#000110448518000065 Filed on May 07, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NOG
NORTHERN OIL & GAS, INC. Stock $nog