Northern Oil and Gas, Inc. with ticker code (NOG) have now 12 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 59 and 38 suggesting an average Analsyt target price of $46.58. Given that the stocks previous close was at $33.82 this is indicating there is a potential upside of 37.7%. The 50 day moving average now sits at $31.33 and the 200 day MA is $31.02. The market capitalization for the company is $2,943m. Visit the company website at: https://www.northernoil.com
The potential market cap would be $4,053m based on the market consensus.
Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. It primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States. The company is based in Minnetonka, Minnesota.
The company has a dividend yield of 4.02% with the ex dividend date set at 29-3-2023 (DMY).
Other points of data to note are a P/E ratio of 3.8, revenue per share of 23.27 and a 24.67% return on assets.
