Northern Oil and Gas with ticker code (NOG) have now 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 2 and 1.1 calculating the average target price we see 1.52. Given that the stocks previous close was at 0.8 this would imply there is a potential upside of 90.0%. The 50 day MA is 0.93 and the 200 moving average now moves to 1.2. The company has a market capitalisation of $312m. Company Website: 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, 2019, it owned working interests in 6,156 gross producing wells; and had proved reserves of 163.3 million barrels of oil equivalent. The company is based in Minnetonka, Minnesota.