Shares of Northern Oil and Gas Inc. (NYSE:NOG) traded today at $28.75, eclipsing its 52-week high. Approximately 129,000 shares have changed hands today, as compared to an average 30-day volume of 1.2 million shares.
Over the past year, Northern Oil and Gas Inc. has traded in a range of $11.40 to $28.75 and is now at $28.40, 149% above that low.
Northern Oil and Gas Inc. (NYSE:NOG) has potential upside of 3.4% based on a current price of $28.40 and analysts’ consensus price target of $29.36.
Northern Oil & Gas Inc is an independent energy company engaged in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties. Its principal business is crude oil and natural gas exploration, development, and production with operations in North Dakota and Montana that primarily target the Bakken and Three Forks formations in the Williston Basin of the United States.
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