Seasonality
NOG seasonality — Northern Oil and Gas, Inc.
Over the last 11 years, NOG's strongest month on average has been November (+19.1%) and its weakest March (-4.2%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +5.39% | +10.35% | 60% | +30.9% | -29.1% | 10 |
| Feb | +0.24% | -1.15% | 50% | +30.2% | -16.7% | 10 |
| Mar | -4.24% | -3.13% | 40% | +15.6% | -54.5% | 10 |
| Apr | -1.13% | -5.18% | 40% | +27.3% | -19.6% | 10 |
| May | +4.02% | -3.40% | 50% | +62.3% | -26.7% | 10 |
| Jun | -0.73% | +1.82% | 50% | +16.2% | -22.7% | 10 |
| Jul | +3.06% | +6.73% | 50% | +18.1% | -16.9% | 10 |
| Aug | -2.06% | -5.49% | 40% | +23.0% | -32.0% | 10 |
| Sep | -0.37% | -4.51% | 40% | +28.9% | -15.6% | 10 |
| Oct | -2.96% | -2.35% | 40% | +24.6% | -35.5% | 10 |
| Nov | +19.11% | +1.17% | 56% | +112.5% | -13.6% | 9 |
| Dec | +6.95% | +0.02% | 50% | +40.2% | -15.3% | 10 |
Monthly returns heat map — NOG
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 16.4 | 10.4 | 5.9 | -7.1 | -19.9 | -16.6 | 16.5 | 23.0 | -12.0 | 23.9 | -19.4 | +6.4% | |
| 2025 | -3.3 | -12.4 | -4.0 | -19.6 | 9.4 | 6.7 | -0.7 | -7.1 | -5.2 | -10.8 | 1.2 | -4.1 | -42.2% |
| 2024 | -9.6 | 6.7 | 11.1 | 2.8 | 0.3 | -9.2 | 16.2 | -7.9 | -11.0 | 2.4 | 20.0 | -14.6 | +0.2% |
| 2023 | 8.8 | -7.4 | -2.2 | 9.3 | -9.8 | 14.7 | 14.7 | 6.2 | -3.8 | -4.7 | -2.4 | -0.9 | +20.3% |
| 2022 | 14.3 | 6.6 | 12.4 | -11.4 | 30.9 | -22.7 | 14.1 | 9.8 | -13.4 | 24.6 | 6.6 | -15.3 | +49.8% |
| 2021 | 16.4 | 30.2 | -9.0 | 19.9 | 25.8 | 14.1 | -16.9 | -3.9 | 28.9 | 8.2 | -12.0 | 1.0 | +134.9% |
| 2020 | -29.1 | -12.7 | -54.5 | 27.3 | -7.1 | 7.7 | -4.8 | -15.0 | -15.6 | -35.5 | 68.9 | 40.2 | -62.6% |
| 2019 | 11.9 | -6.3 | 15.6 | -3.3 | -24.9 | -3.0 | -16.1 | 13.6 | 6.5 | 0.0 | -9.2 | 31.5 | +3.5% |
| 2018 | -2.9 | 4.0 | -4.3 | -15.7 | 62.3 | 16.2 | 18.1 | -7.3 | 15.9 | -26.5 | -13.6 | -11.0 | +10.2% |
| 2017 | 30.9 | -16.7 | -13.3 | -13.5 | -26.7 | -15.2 | -10.7 | -32.0 | 5.9 | -11.1 | 112.5 | 20.6 | -25.4% |
| 2016 | 22.2 |