$ 25.44
Key Takeaways
Risk factor
Low default risk
Profitability factor
Excellent dividends
About
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. The company primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States. As of December 31, 2021, it...
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD.
Target Price
The average target price of NOG is 35 and suggests 36% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
