Northern Oil and Gas – Consensus Indicates Potential 55.7% Upside

Broker Ratings
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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 61 and 30 and has a mean target at 43.83. Now with the previous closing price of 28.15 this is indicating there is a potential upside of 55.7%. The 50 day MA is 28.28 and the 200 moving average now moves to 25.41. The company has a market cap of $2,348m. Find out more information at: https://www.northernoil.com

The potential market cap would be $3,655m 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.

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