Northern Oil and Gas with ticker code (NOG) have now 12 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 57 and 27 calculating the average target price we see 38.33. Now with the previous closing price of 27.99 this would imply there is a potential upside of 36.9%. There is a 50 day moving average of 24.46 and the 200 day MA is 21.1. The market cap for the company is $2,149m. Find out more information at: https://www.northernoil.com
The potential market cap would be $2,943m 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.
