Northern Oil and Gas found using ticker (NOG) have now 13 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 61 and 30 calculating the mean target price we have 49. With the stocks previous close at 32.11 this would indicate that there is a potential upside of 52.6%. There is a 50 day moving average of 32.78 and the 200 day moving average is 30.43. The company has a market capitalisation of $2,840m. You can visit the company’s website by visiting: https://www.northernoil.com
The potential market cap would be $4,335m based on the market concensus.
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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.
