Northern Oil and Gas
NOG
Operating Margin for Northern Oil and Gas (NOG)
Operating Margin as of April 2024 (TTM): 75.72%
According to Northern Oil and Gas's latest financial reports and stock price the company's current Operating Margin is 75.72%. At the end of 2022 the company had an Operating Margin of 39.09%.
Operating Margin history for Northern Oil and Gas from 2008 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 39.09% | 5681.13% |
| 2021 | 0.68% | -100.24% |
| 2020 | -279.63% | 2102.98% |
| 2019 | -12.69% | -143.65% |
| 2018 | 29.08% | -705.14% |
| 2017 | -4.81% | -97.4% |
| 2016 | -184.63% | -68.23% |
| 2015 | -581.12% | -1053.27% |
| 2014 | 60.96% | 165.32% |
| 2013 | 22.98% | -40.85% |
| 2012 | 38.84% | -8.02% |
| 2011 | 42.23% | 65.98% |
| 2010 | 25.44% | -15.17% |
| 2009 | 29.99% | -28.53% |
| 2008 | 41.96% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 EOG Resources EOG | 33.57% | -55.67% | 🇺🇸 USA |
 Whiting Petroleum WLL | 23.37% | -69.13% | 🇺🇸 USA |
 Continental Resources
CLR | 38.22% | -49.52% | 🇺🇸 USA |
 Earthstone Energy ESTE | 43.82% | -42.13% | 🇺🇸 USA |
 Bonanza Creek Energy
BCEI | 4.20% | -94.46% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.