NYSEAMERICAN:NOGNorthern Oil & Gas Stock Price, Forecast & News

$0.94

+0.11 (+13.23 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$0.88

Now: $0.94▼

$0.98

50-Day Range N/A

52-Week Range

$0.50

Now: $0.94▼

$2.43

Volume13.92 million shs

Average Volume5.87 million shs

Market Capitalization$382.14 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

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. 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, 2018, it owned working interests in 4,792 gross producing wells; and had proved reserves of 135.5 million barrels of oil equivalent. The company is based in Minnetonka, Minnesota.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Northern Oil & Gas has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $1.67, Northern Oil & Gas has a potential upside of 77.0% from its current price of $0.94.
Amount of Analyst Coverage
Northern Oil & Gas has only been the subject of 3 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
Northern Oil & Gas has received 151 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Northern Oil & Gas has received 199 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Northern Oil & Gas has received 56.86% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Northern Oil & Gas and other stocks. Vote “Outperform” if you believe NOG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NOG will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Northern Oil & Gas does not currently pay a dividend.
Dividend Growth
Northern Oil & Gas does not have a long track record of dividend growth.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Northern Oil & Gas insiders have bought more of their company's stock than they have sold. Specifically, they have bought $942,379.00 in company stock and sold $0.00 in company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

1.71 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN

Industry Oil & Gas Drilling & Exploration

Sub-IndustryOil & Gas Exploration & Production

SectorBasic Materials

Current SymbolNYSEAMERICAN:NOG

Previous SymbolAMEX:NOG

CUSIP66553110

CIK1388955

Webwww.northernoil.com

Phone+1-952-4769800

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees20

Outstanding Shares405,794,000

Market Cap$382.14 million

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

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Northern Oil & Gas (NYSEAMERICAN:NOG) Frequently Asked Questions

Do Wall Street analysts recommend investors buy shares of Northern Oil & Gas?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northern Oil & Gas in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Northern Oil & Gas.

When is Northern Oil & Gas' next earnings date?

Northern Oil & Gas is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Northern Oil & Gas.

How were Northern Oil & Gas' earnings last quarter?

Northern Oil & Gas, Inc. (NYSEAMERICAN:NOG) issued its quarterly earnings data on Monday, May, 11th. The energy company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.02. The energy company earned $130.20 million during the quarter, compared to the consensus estimate of $146.16 million. View Northern Oil & Gas' earnings history.

What price target have analysts set for NOG?

3 analysts have issued 1 year price targets for Northern Oil & Gas' shares. Their forecasts range from $1.50 to $2.00. On average, they anticipate Northern Oil & Gas' share price to reach $1.67 in the next twelve months. This suggests a possible upside of 77.0% from the stock's current price. View analysts' price targets for Northern Oil & Gas.

Has Northern Oil & Gas been receiving favorable news coverage?

Media stories about NOG stock have trended somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Northern Oil & Gas earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned news headlines about the energy company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutNorthern Oil & Gas.

Who are some of Northern Oil & Gas' key competitors?

Some companies that are related to Northern Oil & Gas include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Noble Energy (NBL), Marathon Oil (MRO), Apache (APA), Devon Energy (DVN), WPX Energy (WPX), EQT (EQT), Cimarex Energy (XEC) and Southwestern Energy (SWN). View all competitors.

What other stocks do shareholders of Northern Oil & Gas own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Northern Oil & Gas investors own include Abraxas Petroleum (AXAS), Acasti Pharma (ACST), Seanergy Maritime (SHIP), Clean Energy Fuels (CLNE), Option Care Health (OPCH), VAALCO Energy (EGY), Oasis Petroleum (OAS), Freeport-McMoRan (FCX), Ring Energy (REI) and Ring Energy (REI).

Who are Northern Oil & Gas' key executives?

Northern Oil & Gas' management team includes the following people:

Mr. Brandon R. Elliott CFA, Chief Exec. Officer (Age 47)
Mr. Erik J. Romslo, Exec. VP, Gen. Counsel & Sec. (Age 41)
Mr. Michael L. Reger, Founder, Chairman Emeritus & Pres (Age 43)
Mr. Nicholas O'Grady, Chief Financial Officer (Age 40)
Mr. Chad Allen, Chief Accounting Officer (Age 37)

What is Northern Oil & Gas' stock symbol?

Northern Oil & Gas trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "NOG."

Who are Northern Oil & Gas' major shareholders?

Northern Oil & Gas' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.14%), State Street Corp (3.91%), Balyasny Asset Management LLC (1.85%), Invesco Ltd. (1.71%), Geode Capital Management LLC (0.90%) and Weiss Multi Strategy Advisers LLC (0.49%). Company insiders that own Northern Oil & Gas stock include Crestview Partners Iii Gp, LP and Robert B Rowling. View institutional ownership trends for Northern Oil & Gas.

Which major investors are selling Northern Oil & Gas stock?

NOG stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, New York State Common Retirement Fund, Schroder Investment Management Group, BlackRock Inc., Alliancebernstein L.P., Serengeti Asset Management LP, Balyasny Asset Management LLC, and JPMorgan Chase & Co.. View insider buying and selling activity for Northern Oil & Gas.

Which major investors are buying Northern Oil & Gas stock?

NOG stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Jane Street Group LLC, Invesco Ltd., WINTON GROUP Ltd, Squarepoint Ops LLC, Mackenzie Financial Corp, Arosa Capital Management LP, and Geode Capital Management LLC. View insider buying and selling activity for Northern Oil & Gas.

How do I buy shares of Northern Oil & Gas?

Shares of NOG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Northern Oil & Gas' stock price today?

One share of NOG stock can currently be purchased for approximately $0.94.

How big of a company is Northern Oil & Gas?

Northern Oil & Gas has a market capitalization of $382.14 million. Northern Oil & Gas employs 20 workers across the globe.

What is Northern Oil & Gas' official website?

The official website for Northern Oil & Gas is www.northernoil.com.

How can I contact Northern Oil & Gas?

Northern Oil & Gas' mailing address is 601 Carlson Pkwy Ste 990, MINNETONKA, MN 55305-5218, United States. The energy company can be reached via phone at +1-952-4769800.

This page was last updated on 6/6/2020 by MarketBeat.com Staff