NOG stock icon

Northern Oil and Gas
NOG

$38.42
0.05%
 

About: Northern Oil & Gas Inc is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and natural gas properties. Its principal business is crude oil and natural gas exploration, development, and production. Company's oil and natural gas sales come from three geographic areas in the United States: the Williston Basin (North Dakota and Montana), the Permian Basin (New Mexico and Texas), and the Appalachian Basin (Pennsylvania and Ohio).

Employees: 38

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 20 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

128% more call options, than puts

Call options by funds: $110M | Put options by funds: $48.1M

20% more funds holding in top 10

Funds holding in top 10: 5 [Q4 2023] → 6 (+1) [Q1 2024]

17% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 48

9% more capital invested

Capital invested by funds: $3.74B [Q4 2023] → $4.08B (+$334M) [Q1 2024]

3% more funds holding

Funds holding: 319 [Q4 2023] → 327 (+8) [Q1 2024]

1.58% more ownership

Funds ownership: 100.36% [Q4 2023] → 101.94% (+1.58%) [Q1 2024]

7% less repeat investments, than reductions

Existing positions increased: 112 | Existing positions reduced: 121

Research analyst outlook

20 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$38
1%
downside
Avg. target
$46
20%
upside
High target
$56
46%
upside

20 analyst ratings

12 positive
60%
neutral
35%
negative
5%
B of A Securities
Noah Hungness
25%upside
$48
Buy
Reinstated
14 Jun 2024
Piper Sandler
Mark Lear
12%upside
$43
Neutral
Maintained
14 May 2024
Citigroup
Paul Diamond
30%upside
$50
Buy
Maintained
3 May 2024
Truist Securities
Neal Dingmann
46%upside
$56
Buy
Maintained
1 May 2024
Stifel
Derrick Whitfield
43%upside
$55
Buy
Maintained
23 Apr 2024

Financial journalist opinion