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NORTHERN OIL AND GAS, INC.: 10-K filed 2019-03-18

What NORTHERN OIL AND GAS, INC. reported in its annual report filed 2019-03-18 (fiscal FY 2018): 42 published measures, 176 facts as tagged in accession 0001104485-19-000059.

This filing

Form
10-K (annual report)
Filed
2019-03-18
Fiscal period
fiscal FY 2018
Accession
0001104485-19-000059 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All NORTHERN OIL AND GAS, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2018-12-311,503,645,305USD
At 2017-12-31632,253,679USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2018-12-311,073,780,422USD
At 2017-12-311,123,094,229USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2018-12-31429,864,883USD
At 2017-12-31-490,840,550USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2018-12-312,357,858USD
At 2017-12-31102,183,191USD
At 2016-12-316,486,098USD
At 2015-12-313,390,389USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2018-10-01 to 2018-12-31218,292,263USD92
2018-01-01 to 2018-12-31143,689,235USD365
2018-07-01 to 2018-09-3018,978,573USD92
2018-04-01 to 2018-06-30-96,546,698USD91
2018-01-01 to 2018-03-312,965,097USD90
2017-10-01 to 2017-12-31-23,848,687USD92
2017-01-01 to 2017-12-31-9,193,772USD365
2017-07-01 to 2017-09-30-16,087,467USD92
2017-04-01 to 2017-06-3013,801,859USD91
2017-01-01 to 2017-03-3116,940,523USD90
2016-01-01 to 2016-12-31-293,493,708USD366

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2018-01-01 to 2018-12-3186,783USD365
2017-01-01 to 2017-12-313,954USD365
2016-01-01 to 2016-12-31214,685USD366

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2018-10-01 to 2018-12-31443,195,914USD92
2018-01-01 to 2018-12-31678,924,496USD365
2018-07-01 to 2018-09-30102,269,220USD92
2018-04-01 to 2018-06-3066,845,899USD91
2018-01-01 to 2018-03-3166,613,463USD90
2017-10-01 to 2017-12-3137,002,281USD92
2017-01-01 to 2017-12-31209,319,669USD365
2017-07-01 to 2017-09-3041,598,659USD92
2017-04-01 to 2017-06-3064,901,882USD91
2017-01-01 to 2017-03-3165,816,847USD90
2016-01-01 to 2016-12-31144,903,496USD366

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2018-12-31-796,884,497USD
At 2017-12-31-940,573,732USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2018-01-01 to 2018-12-31236,206,457shares365
2017-01-01 to 2017-12-3162,408,855shares365
2016-01-01 to 2016-12-3161,173,547shares366

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2018-01-01 to 2018-12-31236,773,911shares365
2017-01-01 to 2017-12-3162,408,855shares365
2016-01-01 to 2016-12-3161,173,547shares366

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2018-10-01 to 2018-12-310.58USD/shares92
2018-01-01 to 2018-12-310.61USD/shares365
2018-07-01 to 2018-09-300.06USD/shares92
2018-04-01 to 2018-06-30-0.49USD/shares91
2018-01-01 to 2018-03-310.05USD/shares90
2017-10-01 to 2017-12-31-0.37USD/shares92
2017-01-01 to 2017-12-31-0.15USD/shares365
2017-07-01 to 2017-09-30-0.26USD/shares92
2017-04-01 to 2017-06-300.22USD/shares91
2017-01-01 to 2017-03-310.28USD/shares90
2016-01-01 to 2016-12-31-4.8USD/shares366

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2018-10-01 to 2018-12-310.58USD/shares92
2018-01-01 to 2018-12-310.61USD/shares365
2018-07-01 to 2018-09-300.06USD/shares92
2018-04-01 to 2018-06-30-0.49USD/shares91
2018-01-01 to 2018-03-310.05USD/shares90
2017-10-01 to 2017-12-31-0.37USD/shares92
2017-01-01 to 2017-12-31-0.15USD/shares365
2017-07-01 to 2017-09-30-0.26USD/shares92
2017-04-01 to 2017-06-300.22USD/shares91
2017-01-01 to 2017-03-310.27USD/shares90
2016-01-01 to 2016-12-31-4.8USD/shares366

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2018-10-01 to 2018-12-31-55,000USD92
2018-01-01 to 2018-12-31-55,000USD365
2018-07-01 to 2018-09-300USD92
2018-04-01 to 2018-06-300USD91
2018-01-01 to 2018-03-310USD90
2017-10-01 to 2017-12-31-1,570,016USD92
2017-01-01 to 2017-12-31-1,570,016USD365
2017-07-01 to 2017-09-300USD92
2017-04-01 to 2017-06-300USD91
2017-01-01 to 2017-03-310USD90
2016-01-01 to 2016-12-31-1,402,179USD366

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2018-12-311,202,745,241USD
At 2017-12-31473,219,591USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2018-01-01 to 2018-12-313,995,476USD365
2017-01-01 to 2017-12-313,286,566USD365
2016-01-01 to 2016-12-313,464,040USD366

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2018-10-01 to 2018-12-31354,808,839USD92
2018-01-01 to 2018-12-31432,628,487USD365
2018-07-01 to 2018-09-3035,596,558USD92
2018-04-01 to 2018-06-3016,317,867USD91
2018-01-01 to 2018-03-3125,905,223USD90
2017-10-01 to 2017-12-31-3,659,510USD92
2017-01-01 to 2017-12-3160,494,596USD365
2017-07-01 to 2017-09-30584,981USD92
2017-04-01 to 2017-06-3030,324,977USD91
2017-01-01 to 2017-03-3133,244,148USD90
2016-01-01 to 2016-12-31-229,304,855USD366

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2018-12-31228,414,559USD
At 2017-12-31152,758,154USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2018-01-01 to 2018-12-3186,005,183USD365
2017-01-01 to 2017-12-3170,286,341USD365
2016-01-01 to 2016-12-3164,485,623USD366

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2018-12-31231,526,297USD
At 2017-12-31123,575,246USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2018-12-31135,482,513USD
At 2017-12-3193,152,297USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2018-12-3196,352,918USD
At 2017-12-3146,851,682USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

PeriodValueUnitDays
2018-01-01 to 2018-12-3122,195,035USD365
2017-01-01 to 2017-12-310USD365
2016-01-01 to 2016-12-310USD366

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2018-10-01 to 2018-12-3188,387,075USD92
2018-01-01 to 2018-12-31246,296,009USD365
2018-07-01 to 2018-09-3066,672,662USD92
2018-04-01 to 2018-06-3050,528,032USD91
2018-01-01 to 2018-03-3140,708,240USD90
2017-10-01 to 2017-12-3140,661,791USD92
2017-01-01 to 2017-12-31148,825,073USD365
2017-07-01 to 2017-09-3041,013,678USD92
2017-04-01 to 2017-06-3034,576,905USD91
2017-01-01 to 2017-03-3132,572,699USD90
2016-01-01 to 2016-12-31374,208,351USD366

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2018-12-31378,333,070shares
At 2017-12-3166,791,633shares
At 2016-12-3163,259,781shares
At 2015-12-3163,120,384shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2018-12-311,226,371,047USD
At 2017-12-31449,666,390USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2018-12-31429,864,883USD
At 2017-12-31-490,840,550USD
At 2016-12-31-487,421,668USD
At 2015-12-31-197,602,113USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2018-12-31830,203,272USD
At 2017-12-31979,324,222USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2018-12-313,436,732,473USD
At 2017-12-312,588,170,780USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2018-12-312,233,987,232USD
At 2017-12-312,114,951,189USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2018-12-3110,222,659USD
At 2017-12-315,490,934USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2018-12-31104,582USD
At 2017-12-31135,225USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2018-12-312,769,438USD
At 2017-12-316,339,425USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2018-12-31420,000USD
At 2017-12-31785,000USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2018-01-01 to 2018-12-31143,634,235USD365
2017-01-01 to 2017-12-31-10,763,788USD365
2016-01-01 to 2016-12-31-294,895,887USD366

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2018-01-01 to 2018-12-3114,568,362USD365
2017-01-01 to 2017-12-3118,987,801USD365
2016-01-01 to 2016-12-3114,757,641USD366

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2018-10-01 to 2018-12-31-136,570,576USD92
2018-01-01 to 2018-12-31890,971USD365
2018-07-01 to 2018-09-30-16,617,985USD92
2018-04-01 to 2018-06-30-112,865,565USD91
2018-01-01 to 2018-03-31-22,940,126USD90
2017-10-01 to 2017-12-31-21,759,013USD92
2017-01-01 to 2017-12-31116,042USD365
2017-07-01 to 2017-09-30-16,672,448USD92
2017-04-01 to 2017-06-30-16,523,118USD91
2017-01-01 to 2017-03-31-16,303,805USD90
2016-01-01 to 2016-12-31-15,902USD366

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2018-01-01 to 2018-12-31-288,994,252USD365
2017-01-01 to 2017-12-31-71,258,384USD365
2016-01-01 to 2016-12-31-65,591,032USD366

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2018-01-01 to 2018-12-31365,000USD365
2017-01-01 to 2017-12-31-785,000USD365
2016-01-01 to 2016-12-310USD366

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2018-01-01 to 2018-12-3178,864,880USD365
2017-01-01 to 2017-12-3165,565,698USD365
2016-01-01 to 2016-12-3150,713,195USD366

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2018-01-01 to 2018-12-31141,673,861USD365
2017-01-01 to 2017-12-310USD365
2016-01-01 to 2016-12-310USD366

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2018-01-01 to 2018-12-3149,122,498USD365
2017-01-01 to 2017-12-319,717,487USD365
2016-01-01 to 2016-12-31-15,604,984USD366

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2018-01-01 to 2018-12-31-2,284,002USD365
2017-01-01 to 2017-12-312,611,492USD365
2016-01-01 to 2016-12-31-365,103USD366

Inspect the source

Entity
NORTHERN OIL AND GAS, INC. / CIK 0001104485
Captured
2026-09-20T05:23:19.486Z
SEC response SHA-256
97105b740bdc8a05e88d90c2e0c5e7a646801f073caca5aeddb8636f426450d3

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001104485.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))