Northern Oil and Gas, Inc. which can be found using ticker (NOG) have now 13 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 51 and 38 calculating the mean target price we have $44.54. Given that the stocks previous close was at $29.88 and the analysts are correct then there would likely be a percentage uptick in value of 49.1%. There is a 50 day moving average of $31.32 and the 200 moving average now moves to $30.87. The total market capitalization for the company now stands at $2,567m. You can visit the company’s website by visiting: https://www.northernoil.com
The potential market cap would be $3,826m 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 4.6% with the ex dividend date set at 29-3-2023 (DMY).
Other points of data to note are a P/E ratio of 3.37, revenue per share of 23.27 and a 24.67% return on assets.
