Related posts

Nervous markets await Nvidia
Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

Northern Oil & Gas, Inc. (NOG) has garnered attention from analysts, signaling mixed sentiments regarding its current performance and future prospects. While one expert suggests covering the position due to a recent decline, another sees potential in trailing up the stop as the stock exhibits signs of stagnation. Positive indicators include recent record cash flow, with a significant proportion derived from oil, and management's actions to expand Uinta basin holdings. The company operates with a reasonable valuation at 7x earnings and has a strong return on equity (ROE) of 32%, backed by a solid dividend payout ratio. With an upside potential toward achieving a price target of $50.21, the outlook remains optimistic despite recent fluctuations.

Consensus
Mixed
Valuation
Undervalued
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Aug 08/24, Down 16.1%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with NOG has triggered its stop at $32.  To remain disciplined, we recommend covering the position at this time.  

premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Aug 08/24, Up 3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with NOG is stagnating.  To remain disciplined, we recommend trailing up the stop (from $32) to $36 at this time.  

premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

NOG recently reported record cash flow and production of which 57% is oil based.   Management just announced it has exercised its option to increase Uinta basin holdings.  It trades at 7x earnings, under 2x book and supports a 32% ROE.  Its dividend is backed by a payout ratio under 30% of cash flow.  We recommend setting a stop-loss at $32, looking to achieve $50 -- upside potential of 30%.  Yield 4.2%  

(Analysts’ price target is $50.21)
Showing 1 to 3 of 3 entries
  • «
  • 1
  • »

Northern Oil & Gas, Inc.(NOG-N) Rating

Ranking : 4 out of 5

Star iconStar iconStar iconStar iconStar empty icon

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Northern Oil & Gas, Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Northern Oil & Gas, Inc.(NOG-N) Frequently Asked Questions

What is Northern Oil & Gas, Inc. stock symbol?

Northern Oil & Gas, Inc. is a American stock, trading under the symbol NOG-N on the NYSE American (NOG). It is usually referred to as AMEX:NOG or NOG-N

Is Northern Oil & Gas, Inc. a buy or a sell?

In the last year, 2 stock analysts published opinions about NOG-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Northern Oil & Gas, Inc..

Is Northern Oil & Gas, Inc. a good investment or a top pick?

Northern Oil & Gas, Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Northern Oil & Gas, Inc..

Why is Northern Oil & Gas, Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Northern Oil & Gas, Inc. worth watching?

2 stock analysts on Stockchase covered Northern Oil & Gas, Inc. In the last year. It is a trending stock that is worth watching.

What is Northern Oil & Gas, Inc. stock price?

On 2025-05-09, Northern Oil & Gas, Inc. (NOG-N) stock closed at a price of $26.55.