Northern Oil and Gas with ticker code (NOG) now have 13 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 60 and 38 calculating the average target price we see 46.69. Given that the stocks previous close was at 34.04 this indicates there is a potential upside of 37.2%. The 50 day moving average now sits at 31.91 and the 200 moving average now moves to 30.9. The market cap for the company is $2,855m. Find out more information at: https://www.northernoil.com
The potential market cap would be $3,916m 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.
