Stocklytics Platform
Asset logo for symbol NOG
Northern Oil and Gas
NOG73
$37.76arrow_drop_up1.64%$0.61
Asset logo for symbol NOG
NOG73

$37.76

arrow_drop_up1.64%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Northern Oil and Gas (NOG) Stocklytics Forecast

Northern Oil and Gas Inc (NOG) is an oil and gas company that operates in the northern regions of the United States. The company is engaged in the exploration, development, and production of oil and natural gas reserves. With its focus on the Bakken and Three Forks formations in North Dakota and Montana, NOG has positioned itself as a key player in the oil and gas industry. As the demand for energy continues to rise, Northern Oil and Gas Inc is well-positioned to benefit from the increasing prices and demand for oil and natural gas. The company has a strong track record of success and has consistently delivered strong financial results.
Looking ahead, the future prospects for Northern Oil and Gas Inc (NOG) look promising. The company has a number of projects in the pipeline that are expected to contribute to its growth. For example, NOG is planning to expand its drilling operations in the Bakken region, which is known for its rich oil reserves. This expansion will allow the company to increase its production capacity and take advantage of the favorable oil price environment. Additionally, Northern Oil and Gas Inc is actively exploring opportunities to expand its operations into new regions and diversify its portfolio.
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Frequently Asked Questions

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What is the analyst price prediction for Northern Oil and Gas (NOG) stock?

Analysts have set a target price of $47.19 for Northern Oil and Gas (NOG), based on forecasts from 16 analysts. The predicted price range extends from a high of $60 to a low of $39. This represents a potential increase of up to 58.9% and a decrease of 3.28% from the current price of $37.76. These forecasts are as of 2023 May 17.
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What are the analyst ratings for Northern Oil and Gas (NOG) stock?

The analyst ratings for Northern Oil and Gas (NOG) are distributed as follows: 9 analysts recommend buying, 3 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 12 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Northern Oil and Gas .
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What is the AI price prediction for Northern Oil and Gas (NOG) stock?

At present, there is no AI or machine-learning-based price prediction available for Northern Oil and Gas (NOG) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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