Northern Oil and Gas, Inc. (NOG)

Market Cap	3.71B
Revenue (ttm)	1.97B
Net Income (ttm)	565.13M
Shares Out	99.69M
EPS (ttm)	5.69
PE Ratio	6.55
Forward PE	6.42
Dividend	$1.68 (4.51%)
Ex-Dividend Date	Sep 27, 2024

Volume	1,363,798
Open	37.51
Previous Close	36.17
Day's Range	36.66 - 37.78
52-Week Range	31.13 - 43.80
Beta	1.82
Analysts	Strong Buy
Price Target	46.75 (+25.5%)
Earnings Date	Oct 30, 2024

About 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. It primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States. The company is based in Minnetonka, Minnesota.

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• CEO: Nicholas O'Grady
• Employees: 38
• Stock Exchange: NYSE
• Ticker Symbol: NOG
• Website: https://www.noginc.com

Financial Performance

In 2023, Northern Oil and Gas's revenue was $1.75 billion, a decrease of -4.42% compared to the previous year's $1.83 billion. Earnings were $922.97 million, an increase of 26.83%.

Analyst Forecast

According to 12 analysts, the average rating for NOG stock is "Strong Buy." The 12-month stock price forecast is $46.75, which is an increase of 25.50% from the latest price.

Price Target

$46.75

(25.50% upside)

Analyst Consensus: Strong Buy