Separately, Seaport Global Securities reaffirmed a buy rating on shares of W&T Offshore in a research report on Friday, June 21st.
NOG stock traded up $0.01 during midday trading on Thursday, hitting $1.92. The stock had a trading volume of 88,617 shares, compared to its average volume of 5,273,644. Northern Oil and Gas has a 52 week low of $1.83 and a 52 week high of $4.49. The stock’s 50-day simple moving average is $2.01.
Northern Oil and Gas Company Profile
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 Bakken and Three Forks formations in the Williston Basin of North Dakota and Montana.
Further Reading: Discount Rate
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