Northern Oil and Gas
NOG
#3123
Rank
$3.71 B
Marketcap
$36.76
Share price
-1.37%
Change (1 day)
10.66%
Change (1 year)

Operating Margin for Northern Oil and Gas (NOG)

Operating Margin as of June 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
202239.09%5681.13%
20210.68%-100.24%
2020-279.63%2102.98%
2019-12.69%-143.65%
201829.08%-705.14%
2017-4.81%-97.4%
2016-184.63%-68.23%
2015-581.12%-1053.27%
201460.96%165.32%
201322.98%-40.85%
201238.84%-8.02%
201142.23%65.98%
201025.44%-15.17%
200929.99%-28.53%
200841.96%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
33.57%-55.67%๐Ÿ‡บ๐Ÿ‡ธ USA
23.37%-69.13%๐Ÿ‡บ๐Ÿ‡ธ USA
38.22%-49.52%๐Ÿ‡บ๐Ÿ‡ธ USA
43.82%-42.13%๐Ÿ‡บ๐Ÿ‡ธ USA
4.20%-94.46%๐Ÿ‡บ๐Ÿ‡ธ 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.