NORTHERN OIL & GAS, INC. company info

CIK 1104485
IRS Number 953848122
State of incorporation None
Business address 601 CARLSON PKWY, SUITE 990
None
MINNETONKA
MN
55305
Mail address 601 CARLSON PKWY, SUITE 990
None
MINNETONKA
MN
55305

Short summary

NORTHERN OIL & GAS, INC. is a Minnesota company, with head office located at 601 Carlson Pkwy, Suite 990 Minnetonka, Minnesota 55305. In 2018 the company owned a total of 1.07 billion USD worth of assets, including 224.74 million USD worth of current assets. 2013 was the year when the company amassed the most assets.

NORTHERN OIL & GAS, INC. Income Statement

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Operating Expenses 10.0933.0582.14182.44217.78289.861,394.45374.21148.83
Operating Income (Loss) 4.1311.5167.25129.14118.00305.17-1,119.39-229.3060.49
Interest expense -0.54-0.580.5913.8732.7142.1158.3664.4970.29
Other Nonoperating Income (Expense) 0.48000.02-0.450.05-0.03-0.020.12
Income Tax Expense (Benefit) 1.474.4226.8443.0031.7799.37-202.42-1.40-1.57
Net income 2.806.9240.6172.2853.07163.75-975.35-293.49-9.19

NORTHERN OIL & GAS, INC. Balance Sheet

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Cash and cash equivalents 0.7870.1777.3825.1718.1014.257.113.673.81200.92112.97
Accounts Receivable, Net, Current 35.5966.0669.5790.9282.4140.5635.9868.2790.48
Deferred income taxes 6.2003.3520.440
Property, Plant and Equipment, Gross 455.951,040.471,445.441,954.662,297.892,383.172,490.182,756.833,003.87
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 37.50107.29214.95363.741,182.201,986.282,082.242,155.812,185.89
Other Assets, Noncurrent 8.908.145.305.44
Total assets 555.281,073.601,352.561,734.181,338.77465.38481.31883.081,068.95
Current assets 135.65117.1197.96128.20175.6359.5960.67275.98224.74
Accounts payable 56.42143.06108.39217.87115.8259.3272.4092.18122.28
Total current liabilities 72.16153.94118.73269.46154.0970.3583.34158.00215.38
Long-term Debt, Excluding Current Maturities 832.63691.12
Long-term Debt 885.50818.95845.28834.77789.53
Deferred income taxes 19.1460.1398.06128.03000.150.13
Total liabilities 93.74515.36729.111,124.721,044.98895.18936.781,030.901,057.74
Common Stock, Value, Issued 0.060.060.060.060.060.060.060.290.33
Retained Earnings (Accumulated Deficit) 21.13100.80154.62175.90-142.33-873.43-900.64-1,034.16-1,015.18
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.4300

NORTHERN OIL & GAS, INC. Cash Flow

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Net income 2.806.9240.6172.2853.07163.75-975.35-293.49-9.19
Depreciation and amortization 0.090.180.300.410.300.300.300.200.20
Deferred Income Tax Expense (Benefit) 1.474.4226.8342.9831.7696.11-202.350-0.79
Accounts receivable 5.0015.0129.3918.8016.60-0.89-27.70-15.609.72
Accounts payable 4.4842.082.49-0.062.014.09-4.55-0.372.61
Net Cash Provided by (Used in) Operating Activities 9.8173.3185.15198.53222.77
Payments to Acquire Property, Plant, and Equipment 0.032.040.450.260.390.170.090.210.00
Net Cash Provided by (Used in) Investing Activities -71.85-207.89-300.87-532.17-358.54
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -532.17-358.54-477.04-288.94-90.96-119.24
Proceeds from Issuance of Long-term Debt 00300
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 2.104.304.301.30
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 2.104.304.301.30
Proceeds from Issuance of Common Stock 68.99282.1900
Payments for Repurchase of Common Stock 001.081.5526.3716.130.341.40
Net Cash Provided by (Used in) Financing Activities 67.49280.4669.89340.75128.06
Cash and Cash Equivalents, Period Increase (Decrease) 5.45145.88-145.837.11-7.703.65-5.953.1095.70