Northern Oil & Gas Inc. Faces $260 Million Non-Cash Impairment Charge

Reuters
18 hours ago
Northern Oil & Gas Inc. Faces $260 Million Non-Cash Impairment Charge

Northern Oil & Gas Inc. expects to record a non-cash impairment charge of $260 to $270 million in the fourth quarter of 2025. This charge is related to the "ceiling test" under the full-cost accounting method required by SEC guidelines and is driven by lower average oil prices year-over-year. The company clarified that this impairment will not affect its cash flows.

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