Northern Oil and Gas with ticker code (NOG) now have 12 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 50 and 27 calculating the mean target price we have 37.58. With the stocks previous close at 24.74 this is indicating there is a potential upside of 51.9%. The day 50 moving average is 23.94 and the 200 day MA is 20.9. The market cap for the company is $2,005m. Visit the company website at: https://www.northernoil.com
The potential market cap would be $3,046m 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.
