Northern Oil & Gas, Inc. (NYSEAMERICAN:NOG) shares gapped down before the market opened on Thursday . The stock had previously closed at $3.88, but opened at $3.66. Northern Oil & Gas shares last traded at $3.54, with a volume of 3981517 shares.
NOG has been the topic of several research reports. Northland Securities set a $6.00 price target on shares of Northern Oil & Gas and gave the stock a “buy” rating in a research note on Wednesday, August 1st. Stifel Nicolaus set a $4.00 price target on shares of Northern Oil & Gas and gave the stock a “buy” rating in a research note on Wednesday, August 1st. Zacks Investment Research raised shares of Northern Oil & Gas from a “hold” rating to a “buy” rating and set a $4.00 price target on the stock in a research note on Thursday, July 12th. Finally, Capital One Financial raised shares of Northern Oil & Gas from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 31st. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $4.17.
Northern Oil & Gas (NYSEAMERICAN:NOG) last issued its earnings results on Thursday, August 9th. The energy company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.08 by $0.01. The firm had revenue of $96.78 million during the quarter, compared to analysts’ expectations of $95.20 million.
About Northern Oil & Gas (NYSEAMERICAN:NOG)
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.
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