Northern Oil and Gas found using ticker (NOG) now have 12 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 72 and 30 calculating the mean target price we have 42.58. Given that the stocks previous close was at 27.47 this would indicate that there is a potential upside of 55.0%. The day 50 moving average is 27.12 and the 200 moving average now moves to 22.85. The company has a market capitalisation of $2,106m. Find out more information at: https://www.northernoil.com
The potential market cap would be $3,264m 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.
