Northern Oil & Gas Inc (NOG)
42.98
-0.13
(-0.30%)
USD |
NYSE |
Apr 24, 16:00
42.97
-0.01
(-0.02%)
After-Hours: 18:21
Northern Oil & Gas Gross Profit Margin (Quarterly): 45.22% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 45.22% |
| September 30, 2023 | 49.67% |
| June 30, 2023 | 45.58% |
| March 31, 2023 | 51.55% |
| December 31, 2022 | 57.86% |
| September 30, 2022 | 66.91% |
| June 30, 2022 | 70.29% |
| March 31, 2022 | 68.82% |
| December 31, 2021 | 64.36% |
| September 30, 2021 | 61.85% |
| June 30, 2021 | 59.19% |
| March 31, 2021 | 49.80% |
| December 31, 2020 | 29.65% |
| September 30, 2020 | 16.02% |
| June 30, 2020 | -216.0% |
| March 31, 2020 | 14.72% |
| December 31, 2019 | 28.45% |
| September 30, 2019 | 34.61% |
| June 30, 2019 | 42.44% |
| March 31, 2019 | 37.96% |
| December 31, 2018 | 45.33% |
| September 30, 2018 | 57.37% |
| June 30, 2018 | 56.65% |
| March 31, 2018 | 55.07% |
| December 31, 2017 | 48.14% |
| Date | Value |
|---|---|
| September 30, 2017 | 39.13% |
| June 30, 2017 | 37.47% |
| March 31, 2017 | 40.72% |
| December 31, 2016 | 36.88% |
| September 30, 2016 | 31.31% |
| June 30, 2016 | 26.00% |
| March 31, 2016 | -14.80% |
| December 31, 2015 | -2.04% |
| September 30, 2015 | 1.01% |
| June 30, 2015 | 9.34% |
| March 31, 2015 | -28.47% |
| December 31, 2014 | 20.82% |
| September 30, 2014 | 39.23% |
| June 30, 2014 | 44.32% |
| March 31, 2014 | 40.53% |
| December 31, 2013 | 39.56% |
| September 30, 2013 | 50.10% |
| June 30, 2013 | 44.11% |
| March 31, 2013 | 48.01% |
| December 31, 2012 | 44.92% |
| September 30, 2012 | 44.35% |
| June 30, 2012 | 43.87% |
| March 31, 2012 | 52.47% |
| December 31, 2011 | 6.60% |
| September 30, 2011 | 81.33% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-216.0%
Minimum
Jun 2020
70.29%
Maximum
Jun 2022
33.74%
Average
49.67%
Median
Sep 2023
Gross Profit Margin (Quarterly) Benchmarks
| Devon Energy Corp | 39.64% |
| Evolution Petroleum Corp | 19.35% |
| Houston American Energy Corp | 26.41% |
| Tellurian Inc | 31.50% |
| Mexco Energy Corp | 51.62% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 69.24% |
| Return on Assets | 24.72% |
| Return on Invested Capital | 29.75% |
| Profit Margin (Quarterly) | 71.20% |
| Operating Margin (Quarterly) | 43.34% |
| Return on Net Operating Assets | 25.58% |