Northern Oil & Gas, Inc. (NOG) Stock Rating Upgraded by ValuEngine

Northern Oil & Gas, Inc. (NYSEMKT:NOG) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a report released on Thursday.

Separately, Imperial Capital reiterated an “in-line” rating on shares of Northern Oil & Gas in a research report on Tuesday, October 3rd. One equities research analyst has rated the stock with a sell rating and six have given a hold rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $3.25.

Northern Oil & Gas (NYSEMKT NOG) traded up $0.06 during trading hours on Thursday, hitting $1.01. The company had a trading volume of 1,040,000 shares, compared to its average volume of 768,816. Northern Oil & Gas has a fifty-two week low of $0.63 and a fifty-two week high of $4.00.

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Northern Oil & Gas Company Profile

Northern Oil and Gas, Inc is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and natural gas properties, primarily in the Bakken and Three Forks formations within the Williston Basin in North Dakota and Montana. The Company holds working interests in over 2,630 gross (204.3 net) producing wells, including over 2,630 wells targeting the Bakken and Three Forks formations and over two wells targeting other formations.

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