Northern Oil and Gas with ticker code (NOG) now have 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 59 and 30 with the average target price sitting at 44.08. Now with the previous closing price of 23.11 this indicates there is a potential upside of 90.7%. There is a 50 day moving average of 28.76 and the 200 day moving average is 25.14. The market cap for the company is $1,787m. You can visit the company’s website by visiting: https://www.northernoil.com
The potential market cap would be $3,409m 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.
