Northern Oil and Gas – Consensus Indicates Potential 21.7% Upside

Broker Ratings

Northern Oil and Gas found using ticker (NOG) have now 11 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 25 and 14 with a mean TP of 19.45. Given that the stocks previous close was at 15.98 this is indicating there is a potential upside of 21.7%. The 50 day moving average now sits at 13.43 and the 200 day moving average is 10.46. The company has a market cap of $922m. Find out more information at: http://www.northernoil.com

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 Bakken and Three Forks formations in the Williston Basin of North Dakota and Montana. As of December 31, 2020, it owned working interests in 6,640 gross producing wells; and had proved reserves of 122,632 million barrels of oil equivalent. The company is based in Minnetonka, Minnesota.

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