Northern Oil and Gas found using ticker (NOG) have now 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 59 and 30 with a mean TP of 44.08. Given that the stocks previous close was at 23.12 this would indicate that there is a potential upside of 90.7%. There is a 50 day moving average of 28.94 and the 200 day moving average is 25.03. The company has a market capitalisation of $1,937m. Visit the company website at: https://www.northernoil.com
The potential market cap would be $3,693m 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.
