Bank of America Securities Keeps Their Buy Rating on Northern Oil And Gas (NOG)
Bank of America Securities analyst Noah Hungness maintained a Buy rating on Northern Oil And Gas yesterday and set a price target of $28.00. The company’s shares closed yesterday at $20.48.
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Hungness covers the Energy sector, focusing on stocks such as Matador Resources, Northern Oil And Gas, and Gulfport Energy. According to TipRanks, Hungness has an average return of -1.2% and a 45.00% success rate on recommended stocks.
In addition to Bank of America Securities, Northern Oil And Gas also received a Buy from William Blair’s Neal Dingmann in a report issued today. However, on the same day, 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 June 30, the company reported a quarterly revenue of $577.99 million and a net profit of $99.59 million. In comparison, last year the company earned a revenue of $564.19 million and had a net profit of $138.56 million
Read More on NOG:
Disclaimer & DisclosureReport an Issue
- Strong Buy Recommendation for Northern Oil and Gas: Robust Financial Performance and Strategic Growth Initiatives
- Northern Oil and Gas raises FY25 output view to 132.5K-134K boe/d from 130K-133K
- Northern Oil and Gas reports Q3 EPS $1.03, consensus 87c
- NOG Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Northern Oil and Gas: Strategic Acquisitions and Expansion Drive Buy Rating
