Northern Oil and Gas, Inc. with ticker code (NOG) have now 13 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 54 and 38 calculating the average target price we see $44.77. Given that the stocks previous close was at $28.35 this would imply there is now a potential upside of 57.9%. There is a 50 day moving average of $31.44 and the 200 day moving average is $30.97. The market cap for the company is $2,494m. Company Website: https://www.northernoil.com
The potential market cap would be $3,939m 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 4.91% with the ex dividend date set at 29-3-2023 (DMY).
Other points of data to note are a P/E ratio of 3.2, revenue per share of 23.27 and a 24.67% return on assets.
