Northern Oil and Gas Inc. (NYSE:NOG) traded at a new 52-week high today of $32.34. Approximately 698,000 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 $32.34 and is now at $29.42, 158% above that low.
Based on a current price of $29.42, Northern Oil and Gas Inc. is currently 75.9% above its average consensus analyst price target of $7.10.
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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