Northern Oil and Gas found using ticker (NOG) now have 13 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 61 and 30 calculating the average target price we see 47.46. Given that the stocks previous close was at 32.93 this would imply there is a potential upside of 44.1%. The 50 day MA is 32.39 and the 200 day MA is 30.55. The company has a market capitalisation of $2,694m. You can visit the company’s website by visiting: https://www.northernoil.com
The potential market cap would be $3,883m 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.
