Risk factor
Good trading liquidity
Profitability factor
Undervalued vs peers
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
Considering past and projected metrics, the stock is 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD.
Target Price
The average target price of NOG is 33 and suggests 51% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
Buy
Sell