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Northern Oil & Gas, Inc. (NOG-N)
NYSEAMERICAN:NOG
32.13
0.05
(0.16%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 2 opinions in the last 12 months.
Northern Oil & Gas, Inc. (NOG) has shown promising performance as a top pick in recent evaluations. The company recently reported record cash flow and production, with 57% of its output being oil-based, which bodes well for its financial health. Management has proactively expanded its holdings in the Uinta basin, signaling confidence in future growth. The company's valuation metrics are compelling, trading at 7x earnings and under 2x book value while maintaining an impressive return on equity (ROE) of 32%. Furthermore, NOG's dividend is well-supported by a payout ratio of under 30% of cash flow, suggesting sustainability. Analysts project an upside target price of approximately $50, indicating significant growth potential. Investors are advised to adjust their stop-loss levels to secure gains while benefiting from attractive yields of 4.2%.
$32.130
Unknown
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%
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Northern Oil & Gas, Inc.(NOG-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 2
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 2025-02-27, Northern Oil & Gas, Inc. (NOG-N) stock closed at a price of $32.13.
Our PAST TOP PICK with NOG has triggered its stop at $32. To remain disciplined, we recommend covering the position at this time.