Northern Oil and Gas with ticker code (NOG) now have 11 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 69 and 30 calculating the average target price we see 47.82. With the stocks previous close at 29.59 this now indicates there is a potential upside of 61.6%. The 50 day moving average now sits at 29.21 while the 200 day moving average is 26.64. The market cap for the company is $2,244m. You can visit the company’s website by visiting: https://www.northernoil.com
The potential market cap would be $3,626m 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.
