2024 Q1 Form 10-K Financial Statement

#000110448524000045 Filed on February 23, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $396.3M $793.5M $2.166B
YoY Change -31.92% 114.24% 37.93%
Cost Of Revenue $156.7M $148.0M $347.0M
YoY Change 100.62% 33.93% 33.12%
Gross Profit $239.7M $645.6M $1.819B
YoY Change -52.45% 148.39% 38.89%
Gross Profit Margin 60.47% 81.35% 83.98%
Selling, General & Admin $193.0K $9.553M $46.80M
YoY Change -83.92% -56.25% -0.82%
% of Gross Profit 0.08% 1.48% 2.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $174.0M $151.2M $486.0M
YoY Change 83.85% 95.55% 93.43%
% of Gross Profit 72.58% 23.42% 26.72%
Operating Expenses $176.2M $161.5M $537.3M
YoY Change 81.96% 62.89% 80.01%
Operating Profit $63.52M $484.0M $1.122B
YoY Change -82.38% 201.12% 31.49%
Interest Expense -$37.93M -$36.51M $135.7M
YoY Change -225.82% 48.51% 68.88%
% of Operating Profit -59.7% -7.54% 12.09%
Other Income/Expense, Net $56.00K $83.00K -$121.1M
YoY Change -100.28% 57.6%
Pretax Income $14.45M $447.6M $1.001B
YoY Change -95.76% 208.61% 28.91%
Income Tax $2.846M $58.76M $77.77M
% Of Pretax Income 19.69% 13.13% 7.77%
Net Earnings $11.61M $388.9M $923.0M
YoY Change -96.59% 191.73% 19.36%
Net Earnings / Revenue 2.93% 49.0% 42.61%
Basic Earnings Per Share $0.12 $10.09
Diluted Earnings Per Share $0.11 $3.90 $10.03
COMMON SHARES
Basic Shares Outstanding 100.9M shares 100.5M shares 91.48M shares
Diluted Shares Outstanding 101.6M shares 92.06M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $32.47M $8.195M $8.195M
YoY Change 434.63% 224.17% 224.17%
Cash & Equivalents $32.47M $8.195M $8.195M
Short-Term Investments
Other Short-Term Assets $46.07M $127.4M $127.4M
YoY Change -60.1% 175.33% 175.33%
Inventory
Prepaid Expenses
Receivables $331.1M $370.5M $370.5M
Other Receivables $3.139M $3.249M $3.249M
Total Short-Term Assets $412.8M $509.4M $509.4M
YoY Change 4.26% 58.95% 58.95%
LONG-TERM ASSETS
Property, Plant & Equipment $4.205B $3.932B $3.932B
YoY Change 44.22% 58.34% 58.34%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $15.51M $15.47M $43.29M
YoY Change -5.95% -4.65% -36.87%
Total Long-Term Assets $4.221B $3.975B $3.975B
YoY Change 43.23% 55.59% 55.59%
TOTAL ASSETS
Total Short-Term Assets $412.8M $509.4M $509.4M
Total Long-Term Assets $4.221B $3.975B $3.975B
Total Assets $4.634B $4.484B $4.484B
YoY Change 38.62% 55.96% 55.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $156.2M $192.7M $192.7M
YoY Change 16.36% 49.84% 49.84%
Accrued Expenses $189.6M $147.9M $174.2M
YoY Change 16.96% 21.53% 19.22%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $428.0M $385.8M $385.8M
YoY Change 23.95% 11.82% 11.82%
LONG-TERM LIABILITIES
Long-Term Debt $1.939B $1.836B $1.836B
YoY Change 10.35% 20.33% 20.33%
Other Long-Term Liabilities $193.8M $2.741M $146.8M
YoY Change 6271.83% 34.03% -43.45%
Total Long-Term Liabilities $2.133B $2.741M $1.982B
YoY Change 70003.94% 34.03% 11.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $428.0M $385.8M $385.8M
Total Long-Term Liabilities $2.133B $2.741M $1.982B
Total Liabilities $2.632B $2.437B $2.437B
YoY Change 14.69% 14.4% 14.4%
SHAREHOLDERS EQUITY
Retained Earnings -$66.18M -$77.79M
YoY Change -89.98% -92.23%
Common Stock $2.068B $503.0K
YoY Change 21.04% 3.29%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.002B $2.048B $2.048B
YoY Change
Total Liabilities & Shareholders Equity $4.634B $4.484B $4.484B
YoY Change 38.62% 55.96% 55.96%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $11.61M $388.9M $923.0M
YoY Change -96.59% 191.73% 19.36%
Depreciation, Depletion And Amortization $174.0M $151.2M $486.0M
YoY Change 83.85% 95.55% 93.43%
Cash From Operating Activities $392.1M $342.3M $1.183B
YoY Change 45.61% 19.12% 27.46%
INVESTING ACTIVITIES
Capital Expenditures $407.1M $361.1M $1.845B
YoY Change -11.74% -31.84% 35.7%
Acquisitions
YoY Change
Other Investing Activities -$17.09M -$17.09M
YoY Change 17.88% -60.25%
Cash From Investing Activities -$407.1M -$378.1M -$1.862B
YoY Change -11.74% -30.52% 32.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$506.7M
YoY Change -1029.77%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 39.18M 30.99M $684.7M
YoY Change -79.95% -87.62% 46.5%
NET CHANGE
Cash From Operating Activities 392.1M 342.3M $1.183B
Cash From Investing Activities -407.1M -378.1M -$1.862B
Cash From Financing Activities 39.18M 30.99M $684.7M
Net Change In Cash 24.27M -4.833M $5.667M
YoY Change 584.71% -26.79% -181.05%
FREE CASH FLOW
Cash From Operating Activities $392.1M $342.3M $1.183B
Capital Expenditures $407.1M $361.1M $1.845B
Free Cash Flow -$14.91M -$18.73M -$661.9M
YoY Change -92.23% -92.27% 53.45%

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CY2023 us-gaap Nature Of Operations
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ORGANIZATION AND NATURE OF BUSINESS<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Northern Oil and Gas, Inc. (the “Company,” “Northern,” “our” and words of similar import), a Delaware corporation, is an independent energy company engaged in the acquisition, exploration, development and production of oil and natural gas properties in the United States, primarily in the Williston Basin, the Permian Basin and the Appalachian Basin.  The Company’s common stock trades on the New York Stock Exchange under the symbol “NOG”.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The Company’s principal business is crude oil and natural gas exploration, development, and production with operations in the United States.  The Company’s primary strategy is investing in non-operated minority working and mineral interests in oil and gas properties, with a core area of focus in three premier basins within the United States.</span></div>
CY2023 us-gaap Use Of Estimates
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<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Use of Estimates</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The most significant estimates relate to proved crude oil and natural gas reserves, which includes limited control over future development plans as a non-operator, estimates relating to certain crude oil and natural gas revenues and expenses, fair value of derivative instruments, fair value of contingent consideration, acquisition date fair values of assets acquired and liabilities assumed, impairment of crude oil and natural gas properties, asset retirement obligations and deferred income taxes.  </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Management’s estimates and assumptions were based on historical data and consideration of future market conditions. Given the uncertainty inherent in any projection, actual results may differ from the estimates and assumptions used, and conditions may change, which could materially affect amounts reported in the financial statements.</span></div>
CY2023 us-gaap Prior Period Reclassification Adjustment Description
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<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Reclassifications </span></div>Certain prior period balances in the statements of cash flows have been reclassified to conform to the current year presentation. Such reclassifications had no impact on net income (loss), cash flows or stockholders’ equity (deficit) previously reported.
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CY2023 nog Percentage Of Proved Reserves Sold To Be Considered A Significant Alteration
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9.01
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CY2022 nog Capitalized Costs Related To Expired Leases Subject To Depletion
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CY2021 nog Capitalized Costs Related To Expired Leases Subject To Depletion
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CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Concentrations of Market, Credit Risk and Other Risks</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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, indirectly via the third-party operators of the wells, from purchasers of its crude oil and natural gas production.  While certain of these customers, as well as third-party operators of the wells, 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 have been immaterial.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As a non-operator, 100% of the Company’s wells are operated by third-party operating partners. As a result, the Company is highly dependent on the success of these third-party operators. If they are not successful in the exploration, development and production activities relating to the Company’s leasehold interests, or are unable or unwilling to perform, the Company’s financial condition and results of operation could be adversely affected. These risks are heightened in a low commodity price environment, which may present significant challenges to these third-party operators. The Company’s third-party operators will make decisions in connection with their operations that may not be in the Company’s best interests, and the Company may have little or no ability to exercise influence over the operational decisions of its third-party operators. For the years ended December 31, 2023, 2022 and 2021, the Company’s top four operators made up 38%, 39% and 50%, respectively, of total oil and natural gas sales.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company faces concentration risk due to the fact that substantially all of its oil and natural gas revenue is sourced from a limited number of geographic areas of operations. As a result, the Company is disproportionately exposed to risks that affect one or more of those areas in the Williston Basin (North Dakota and Montana), the Permian Basin (New Mexico and Texas), and the Appalachian Basin (Pennsylvania and Ohio).</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 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 </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div>
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
156300000 usd
CY2023 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
1
CY2023 us-gaap Defined Contribution Plan Employers Matching Contribution Annual Vesting Percentage
DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage
1
CY2023 us-gaap Interest Paid Net
InterestPaidNet
128943000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
74933000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
46951000 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
3826000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
3672000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
236314000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
163059000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
111897000 usd
CY2023 nog Capitalized Asset Retirement Obligations
CapitalizedAssetRetirementObligations
5413000 usd
CY2022 nog Capitalized Asset Retirement Obligations
CapitalizedAssetRetirementObligations
3917000 usd
CY2021 nog Capitalized Asset Retirement Obligations
CapitalizedAssetRetirementObligations
6950000 usd
CY2023 nog Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsideration
0 usd
CY2022 nog Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsideration
11966000 usd
CY2021 nog Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsideration
785000 usd
CY2023 nog Compensation Capitalized On Oil And Gas Properties
CompensationCapitalizedOnOilAndGasProperties
280000 usd
CY2022 nog Compensation Capitalized On Oil And Gas Properties
CompensationCapitalizedOnOilAndGasProperties
218000 usd
CY2021 nog Compensation Capitalized On Oil And Gas Properties
CompensationCapitalizedOnOilAndGasProperties
282000 usd
CY2023 nog Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Warrants Issued Value
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationWarrantsIssuedValue
0 usd
CY2022 nog Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Warrants Issued Value
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationWarrantsIssuedValue
17870000 usd
CY2021 nog Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Warrants Issued Value
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationWarrantsIssuedValue
30512000 usd
CY2023 nog Accrued Liabilities From Acquisitions Of Oil And Natural Gas Properties
AccruedLiabilitiesFromAcquisitionsOfOilAndNaturalGasProperties
5168000 usd
CY2021 nog Accrued Liabilities From Acquisitions Of Oil And Natural Gas Properties
AccruedLiabilitiesFromAcquisitionsOfOilAndNaturalGasProperties
0 usd
CY2023 nog Property And Equipment Other Incurred But Not Yet Paid
PropertyAndEquipmentOtherIncurredButNotYetPaid
0 usd
CY2022 nog Property And Equipment Other Incurred But Not Yet Paid
PropertyAndEquipmentOtherIncurredButNotYetPaid
0 usd
CY2021 nog Property And Equipment Other Incurred But Not Yet Paid
PropertyAndEquipmentOtherIncurredButNotYetPaid
578000 usd
CY2023 nog Dividends Declared Common Stock
DividendsDeclaredCommonStock
40496000 usd
CY2022 nog Dividends Declared Common Stock
DividendsDeclaredCommonStock
19546000 usd
CY2021 nog Dividends Declared Common Stock
DividendsDeclaredCommonStock
6210000 usd
CY2023 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
0 usd
CY2022 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
36627000 usd
CY2021 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
0 usd
CY2023 nog Warrants Issued
WarrantsIssued
0 usd
CY2021 nog Warrants Issued
WarrantsIssued
0 usd
CY2023 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
2474121000 usd
CY2022 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
2376913000 usd
CY2023 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
1177068000 usd
CY2022 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
1414369000 usd
CY2023Q4 nog Unproven Leasehold Interests
UnprovenLeaseholdInterests
25880 acre
CY2022Q4 nog Unproven Leasehold Interests
UnprovenLeaseholdInterests
27663 acre
CY2023 nog Anticipated Timing Of Inclusion Of Cost In Amortization Calculation
AnticipatedTimingOfInclusionOfCostInAmortizationCalculation
P5Y
CY2023Q4 nog Capitalized Costs Oil And Gas Producing Activities Property Acquisition
CapitalizedCostsOilAndGasProducingActivitiesPropertyAcquisition
2064000 usd
CY2022Q4 nog Capitalized Costs Oil And Gas Producing Activities Property Acquisition
CapitalizedCostsOilAndGasProducingActivitiesPropertyAcquisition
12865000 usd
CY2021Q4 nog Capitalized Costs Oil And Gas Producing Activities Property Acquisition
CapitalizedCostsOilAndGasProducingActivitiesPropertyAcquisition
12097000 usd
CY2020Q4 nog Capitalized Costs Oil And Gas Producing Activities Property Acquisition
CapitalizedCostsOilAndGasProducingActivitiesPropertyAcquisition
9759000 usd
CY2023Q4 nog Capitalized Costs Oil And Gas Producing Activities Development Costs
CapitalizedCostsOilAndGasProducingActivitiesDevelopmentCosts
0 usd
CY2022Q4 nog Capitalized Costs Oil And Gas Producing Activities Development Costs
CapitalizedCostsOilAndGasProducingActivitiesDevelopmentCosts
0 usd
CY2021Q4 nog Capitalized Costs Oil And Gas Producing Activities Development Costs
CapitalizedCostsOilAndGasProducingActivitiesDevelopmentCosts
0 usd
CY2020Q4 nog Capitalized Costs Oil And Gas Producing Activities Development Costs
CapitalizedCostsOilAndGasProducingActivitiesDevelopmentCosts
0 usd
CY2023Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
2064000 usd
CY2022Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
12865000 usd
CY2021Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
12097000 usd
CY2020Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
9759000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1866108000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-1776000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
32330000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
1835554000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1543235000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-10682000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
28504000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
1525413000 usd
CY2022Q4 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
36100000 usd
CY2022Q4 nog Capped Call Transaction Common Stock Premium Over Share Price Percent
CappedCallTransactionCommonStockPremiumOverSharePricePercent
0.75
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
135000000 shares
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
100761148 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
100761148 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
85165807 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
85165807 shares
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.06500
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.34
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.37
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.38
CY2023Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
CY2022Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
150000000 usd
CY2023 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
287751 shares
CY2023 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
8000000 usd
CY2022 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1909097 shares
CY2022 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
54500000 usd
CY2022Q4 us-gaap Share Price
SharePrice
24.98
CY2023Q4 us-gaap Share Price
SharePrice
37.07
CY2023Q4 us-gaap Share Price
SharePrice
37.07
CY2023 nog Long Term Purchase Commitment Minimum Volume Required Year One
LongTermPurchaseCommitmentMinimumVolumeRequiredYearOne
18400000 bcf
CY2023 nog Long Term Purchase Commitment Minimum Volume Required Year Two
LongTermPurchaseCommitmentMinimumVolumeRequiredYearTwo
3200000 bcf
CY2023 us-gaap Long Term Purchase Commitment Minimum Volume Required
LongTermPurchaseCommitmentMinimumVolumeRequired
21600000 bcf
CY2023 nog Supply Commitment Underdelivery Payments Amount
SupplyCommitmentUnderdeliveryPaymentsAmount
8900000 usd
CY2022 nog Supply Commitment Underdelivery Payments Amount
SupplyCommitmentUnderdeliveryPaymentsAmount
8500000 usd
CY2021 nog Supply Commitment Underdelivery Payments Amount
SupplyCommitmentUnderdeliveryPaymentsAmount
700000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
33082000 usd
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
28012000 usd
CY2023 nog Asset Retirement Obligation Liabilities Acquired
AssetRetirementObligationLiabilitiesAcquired
2203000 usd
CY2022 nog Asset Retirement Obligation Liabilities Acquired
AssetRetirementObligationLiabilitiesAcquired
2158000 usd
CY2023 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
2191000 usd
CY2022 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
1014000 usd
CY2023 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
1019000 usd
CY2022 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
276000 usd
CY2023 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
2395000 usd
CY2022 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1980000 usd
CY2023 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
1001000 usd
CY2022 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
359000 usd
CY2023Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
39889000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
33082000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
915000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3101000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
233000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
209168000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
164453000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
130000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
22035000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
20627000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-3984000 usd
CY2023 nog Income Tax Expense Benefit Valuation Allowance
IncomeTaxExpenseBenefitValuationAllowance
154345000 usd
CY2022 nog Income Tax Expense Benefit Valuation Allowance
IncomeTaxExpenseBenefitValuationAllowance
185080000 usd
CY2021 nog Income Tax Expense Benefit Valuation Allowance
IncomeTaxExpenseBenefitValuationAllowance
-3854000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
77773000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3101000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
233000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1000742000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
776338000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6594000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
210156000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
163031000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1385000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
24769000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
20270000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-3752000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
-3527000 usd
CY2023 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
0 usd
CY2022 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersNet
0 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
3532000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
-1488000 usd
CY2023 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
720000 usd
CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
1347000 usd
CY2021 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
234000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-154345000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-185080000 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
3854000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
77773000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3101000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
233000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1900000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
156300000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
146039000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
134103000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
864000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
901000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
1006000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
1019000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
927000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
1143000 usd
CY2023Q4 nog Deferred Tax Assets Liabilities Property Plant And Equipment
DeferredTaxAssetsLiabilitiesPropertyPlantAndEquipment
-278993000 usd
CY2022Q4 nog Deferred Tax Assets Liabilities Property Plant And Equipment
DeferredTaxAssetsLiabilitiesPropertyPlantAndEquipment
-43415000 usd
CY2023Q4 nog Deferred Tax Assets Interest Carryforward
DeferredTaxAssetsInterestCarryforward
43328000 usd
CY2022Q4 nog Deferred Tax Assets Interest Carryforward
DeferredTaxAssetsInterestCarryforward
10050000 usd
CY2023Q4 nog Deferred Tax Assets Liabilities Derivatives
DeferredTaxAssetsLiabilitiesDerivatives
8386000 usd
CY2022Q4 nog Deferred Tax Assets Liabilities Derivatives
DeferredTaxAssetsLiabilitiesDerivatives
52891000 usd
CY2023Q4 nog Deferred Tax Assets Liabilities Other
DeferredTaxAssetsLiabilitiesOther
11836000 usd
CY2022Q4 nog Deferred Tax Assets Liabilities Other
DeferredTaxAssetsLiabilitiesOther
-424000 usd
CY2023Q4 nog Deferred Tax Asset Liabilities Net Before Valuation Allowance
DeferredTaxAssetLiabilitiesNetBeforeValuationAllowance
-66607000 usd
CY2022Q4 nog Deferred Tax Asset Liabilities Net Before Valuation Allowance
DeferredTaxAssetLiabilitiesNetBeforeValuationAllowance
156269000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1881000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
156269000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
68488000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2023 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 usd
CY2021 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 usd
CY2022 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 usd
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CY2023Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
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CY2023 us-gaap Costs Incurred Asset Retirement Obligation Incurred
CostsIncurredAssetRetirementObligationIncurred
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DerivativeGainLossOnDerivativeNetSettledCommodityDerivatives
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DerivativeGainLossOnDerivativeNetSettledCommodityDerivatives
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DerivativeGainLossOnDerivativeNetSettledCommodityDerivatives
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DerivativeGainLossOnDerivativeNetUnsettledCommodityDerivatives
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DerivativeGainLossOnDerivativeNetUnsettledCommodityDerivatives
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DerivativeGainLossOnDerivativeNetUnsettledCommodityDerivatives
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Gain (Loss) on Commodity Derivatives, Net
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Gain (Loss) on Commodity Derivatives, Net
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Gain (Loss) on Commodity Derivatives, Net
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DerivativeGainLossOnDerivativeNet
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CY2022 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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CY2021 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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DerivativeFairValueOfDerivativeAsset
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CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
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DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumerationNotDisclosedFlag
Total Derivative Liabilities
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Total Derivative Liabilities
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DerivativeFairValueOfDerivativeLiability
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DerivativeFairValueOfDerivativeLiability
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DerivativeFairValueOfDerivativeAsset
170029000 usd
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DerivativeAssetFairValueGrossLiability
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DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
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DerivativeFairValueOfDerivativeLiability
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DerivativeLiabilityFairValueGrossAsset
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DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
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CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
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CY2022Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
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CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
47840000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
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CY2022Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
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CY2022Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
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CY2023 us-gaap Net Income Loss
NetIncomeLoss
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CY2022 us-gaap Net Income Loss
NetIncomeLoss
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CY2021 us-gaap Net Income Loss
NetIncomeLoss
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CY2023 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
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CY2022 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
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PreferredStockDividendsIncomeStatementImpact
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CY2023 nog Premium On Repurchase Of Preferred Stock
PremiumOnRepurchaseOfPreferredStock
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CY2022 nog Premium On Repurchase Of Preferred Stock
PremiumOnRepurchaseOfPreferredStock
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PremiumOnRepurchaseOfPreferredStock
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CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
922969000 usd
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NetIncomeLossAvailableToCommonStockholdersBasic
727703000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8400000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91483687 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
577260 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
8118149 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
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WeightedAverageNumberOfDilutedSharesOutstanding
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CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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CY2023 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
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CY2022 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
1036412000 usd
CY2021 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
434519000 usd
CY2023 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
3414000 usd
CY2022 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
51097000 usd
CY2021 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
19358000 usd
CY2023 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
639203000 usd
CY2022 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
386972000 usd
CY2021 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
202325000 usd
CY2023 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
1931054000 usd
CY2022 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
1474482000 usd
CY2021 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
656202000 usd
CY2023Q4 nog Capitalized Costs Oil And Gas Producing Activities Property Acquisition
CapitalizedCostsOilAndGasProducingActivitiesPropertyAcquisition
2064000 usd
CY2022Q4 nog Capitalized Costs Oil And Gas Producing Activities Property Acquisition
CapitalizedCostsOilAndGasProducingActivitiesPropertyAcquisition
12865000 usd
CY2021Q4 nog Capitalized Costs Oil And Gas Producing Activities Property Acquisition
CapitalizedCostsOilAndGasProducingActivitiesPropertyAcquisition
12097000 usd
CY2020Q4 nog Capitalized Costs Oil And Gas Producing Activities Property Acquisition
CapitalizedCostsOilAndGasProducingActivitiesPropertyAcquisition
9759000 usd
CY2023Q4 nog Capitalized Costs Oil And Gas Producing Activities Development Costs
CapitalizedCostsOilAndGasProducingActivitiesDevelopmentCosts
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CY2022Q4 nog Capitalized Costs Oil And Gas Producing Activities Development Costs
CapitalizedCostsOilAndGasProducingActivitiesDevelopmentCosts
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CY2021Q4 nog Capitalized Costs Oil And Gas Producing Activities Development Costs
CapitalizedCostsOilAndGasProducingActivitiesDevelopmentCosts
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CY2020Q4 nog Capitalized Costs Oil And Gas Producing Activities Development Costs
CapitalizedCostsOilAndGasProducingActivitiesDevelopmentCosts
0 usd
CY2023Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
2064000 usd
CY2022Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
12865000 usd
CY2021Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
12097000 usd
CY2020Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
9759000 usd
CY2023 nog Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Downward Adjustment Attributable To Well Performance Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateDownwardAdjustmentAttributableToWellPerformanceEnergy
3.9 mmboe
CY2023 nog Proved Developedand Undeveloped Reserve Revisionof Previous Estimate Downward Adjustment Due To Removal Of Undeveloped Drilling Locations Energy
ProvedDevelopedandUndevelopedReserveRevisionofPreviousEstimateDownwardAdjustmentDueToRemovalOfUndevelopedDrillingLocationsEnergy
26.7 mmboe
CY2022 nog Proved Developedand Undeveloped Reserve Revisionof Previous Estimate Downward Adjustment Due To Removal Of Undeveloped Drilling Locations Energy
ProvedDevelopedandUndevelopedReserveRevisionofPreviousEstimateDownwardAdjustmentDueToRemovalOfUndevelopedDrillingLocationsEnergy
-14.4 mmboe
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
16008048000 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
22452776000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
11339861000 usd
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
6627373000 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
6820784000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
4213186000 usd
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
1358405000 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
1145225000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
932480000 usd
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
1380854000 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
2764111000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
947303000 usd
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
6641417000 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
11722656000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
5246892000 usd
CY2023Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
2485180000 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
5285758000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
2356783000 usd
CY2023Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
4156237000 usd
CY2022Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
6436898000 usd
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
2890109000 usd
CY2022Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
6436898000 usd
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
2890109000 usd
CY2020Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
712011000 usd
CY2023 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
1390656000 usd
CY2022 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
1566927000 usd
CY2021 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
727317000 usd
CY2023 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
683258000 usd
CY2022 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
888067000 usd
CY2021 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
258399000 usd
CY2023 nog Previously Estimated Development Cost Incurred During The Period Adjustment
PreviouslyEstimatedDevelopmentCostIncurredDuringThePeriodAdjustment
327768000 usd
CY2022 srt Previously Estimated Development Costs Incurred
PreviouslyEstimatedDevelopmentCostsIncurred
147439000 usd
CY2021 srt Previously Estimated Development Costs Incurred
PreviouslyEstimatedDevelopmentCostsIncurred
85526000 usd
CY2023 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
-3241176000 usd
CY2022 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
3424794000 usd
CY2021 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
1366197000 usd
CY2023 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
-237627000 usd
CY2022 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
141884000 usd
CY2021 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
-103806000 usd
CY2023 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
-1061840000 usd
CY2022 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
-134880000 usd
CY2021 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
607774000 usd
CY2023 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
790216000 usd
CY2022 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
334109000 usd
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
71254000 usd
CY2023 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
617405000 usd
CY2022 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
-1014277000 usd
CY2021 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
-450455000 usd
CY2023 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
1200155000 usd
CY2022 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
1157060000 usd
CY2021 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
940910000 usd
CY2023 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
31835000 usd
CY2022 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
169521000 usd
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
129615000 usd
CY2023Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
4156237000 usd
CY2022Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
6436898000 usd
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
2890109000 usd

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