Northern Oil and Gas with ticker code (NOG) have now 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 57 and 27 and has a mean target at 39.42. Now with the previous closing price of 29.17 this indicates there is a potential upside of 35.1%. The day 50 moving average is 26.42 and the 200 day moving average is 21.93. The market cap for the company is $2,123m. Find out more information at: https://www.northernoil.com
The potential market cap would be $2,869m based on the market concensus.
Northern Oil and Gas, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. The company primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States. As of December 31, 2021, it owned working interests in 7,436 gross producing wells; and had proved reserves of 287,682 million barrels of oil equivalent. The company is based in Minnetonka, Minnesota.
