Citi Reaffirms Their Buy Rating on Northern Oil And Gas (NOG)
In a report released today, Paul Diamond CFA from Citi maintained a Buy rating on Northern Oil And Gas, with a price target of $36.00.
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According to TipRanks, Diamond CFA is a 4-star analyst with an average return of 6.3% and a 56.15% success rate. Diamond CFA covers the Energy sector, focusing on stocks such as Magnolia Oil & Gas, Range Resources, and Chord Energy.
In addition to Citi, Northern Oil And Gas also received a Buy from Bank of America Securities’s Noah Hungness in a report issued on April 6. However, on April 10, Piper Sandler maintained a Hold rating on Northern Oil And Gas (NYSE: NOG).
Based on Northern Oil And Gas’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $450.86 million and a GAAP net loss of $70.73 million. In comparison, last year the company earned a revenue of $549.2 million and had a net profit of $71.7 million
Read More on NOG:
Disclaimer & DisclosureReport an Issue
- Northern Oil and Gas price target lowered to $36 from $39 at Citi
- Northern Oil and Gas price target raised to $34 from $32 at BofA
- Improving Oil Price Outlook and Stronger Cash Flow Support Buy Rating on Northern Oil and Gas
- Northern Oil and Gas price target raised to $39 from $34 at Citi
- Northern Oil and Gas price target raised to $28 from $24 at Morgan Stanley
