Imperial Capital Reiterates “In-Line” Rating for Northern Oil & Gas, Inc. (NOG)
Separately, Capital One Financial Corporation cut shares of Northern Oil & Gas from an equal weight rating to an underweight rating in a report on Wednesday, June 21st. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. The stock has a consensus rating of Hold and an average target price of $3.25.
Northern Oil & Gas (NOG) traded down 5.556% on Tuesday, reaching $0.765. 643,199 shares of the company’s stock were exchanged. The firm’s market cap is $47.22 million. The firm’s 50-day moving average is $0.86 and its 200-day moving average is $1.47. Northern Oil & Gas has a 12 month low of $0.66 and a 12 month high of $4.00.
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Northern Oil & Gas Company Profile
Northern Oil and Gas, Inc is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and natural gas properties, primarily in the Bakken and Three Forks formations within the Williston Basin in North Dakota and Montana. The Company holds working interests in over 2,630 gross (204.3 net) producing wells, including over 2,630 wells targeting the Bakken and Three Forks formations and over two wells targeting other formations.
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