Northern Oil and Gas - NOG Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $47.50
  • Forecasted Upside: 14.27%
  • Number of Analysts: 11
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 7 Buy Ratings
  • 1 Strong Buy Ratings
$41.57
▲ +0.49 (1.19%)

This chart shows the closing price for NOG by one month, three months, or twelve months.

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Analyst Price Target for NOG

Analyst Price Target is $47.50
▲ +14.27% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Northern Oil and Gas in the last 3 months. The average price target is $47.50, with a high forecast of $55.00 and a low forecast of $39.00. The average price target represents a 14.27% upside from the last price of $41.57.

This chart shows the closing price for NOG for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 11 contributing investment analysts is to moderate buy stock in Northern Oil and Gas. This rating has held steady since December 2023, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/30/2023
  • 1 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/28/2023
  • 1 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/26/2023
  • 1 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 1 sell ratings
2/24/2024
  • 1 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 1 sell ratings
5/24/2024
  • 1 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
8/22/2024
  • 1 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/21/2024
  • 1 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/20/2024

Latest Recommendations

  • 1 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/20/2024Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$43.00 ➝ $45.00
11/18/2024Piper SandlerBoost TargetNeutral ➝ Neutral$40.00 ➝ $41.00
11/7/2024Truist FinancialBoost TargetBuy ➝ Buy$44.00 ➝ $51.00
10/3/2024Jefferies Financial GroupInitiated CoverageBuy$53.00
9/30/2024Truist FinancialLower TargetBuy ➝ Buy$55.00 ➝ $44.00
9/19/2024MizuhoInitiated CoverageOutperform$47.00
9/16/2024Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$42.00 ➝ $39.00
8/15/2024Piper SandlerLower TargetNeutral ➝ Neutral$45.00 ➝ $40.00
8/1/2024Truist FinancialBoost TargetBuy ➝ Buy$54.00 ➝ $55.00
7/22/2024Truist FinancialLower TargetBuy ➝ Buy$57.00 ➝ $54.00
7/10/2024Bank of AmericaBoost TargetBuy ➝ Buy$48.00 ➝ $49.00
7/3/2024Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$46.00 ➝ $46.00
6/14/2024Bank of AmericaReiterated RatingBuy$48.00
5/14/2024Piper SandlerBoost TargetNeutral ➝ Neutral$42.00 ➝ $43.00
5/3/2024CitigroupLower TargetBuy ➝ Buy$55.00 ➝ $50.00
5/1/2024Truist FinancialBoost TargetBuy ➝ Buy$55.00 ➝ $56.00
4/23/2024Stifel NicolausBoost TargetBuy ➝ Buy$54.00 ➝ $55.00
4/19/2024Piper SandlerBoost TargetNeutral ➝ Neutral$38.00 ➝ $42.00
4/15/2024Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$38.00 ➝ $41.00
4/5/2024Truist FinancialLower TargetBuy ➝ Buy$56.00 ➝ $55.00
3/28/2024Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$39.00 ➝ $38.00
3/21/2024Jefferies Financial GroupBoost TargetBuy ➝ Buy$45.00 ➝ $51.00
3/6/2024Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$46.00
2/28/2024CitigroupLower TargetBuy ➝ Buy$50.00 ➝ $45.00
2/20/2024Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$46.00
2/16/2024Piper SandlerLower TargetNeutral ➝ Neutral$39.00 ➝ $38.00
2/16/2024Truist FinancialLower TargetBuy ➝ Buy$58.00 ➝ $56.00
1/24/2024Raymond JamesLower TargetStrong-Buy ➝ Strong-Buy$51.00 ➝ $45.00
1/24/2024Piper SandlerLower TargetNeutral ➝ Neutral$44.00 ➝ $39.00
1/23/2024Stifel NicolausLower TargetBuy ➝ Buy$54.00 ➝ $52.00
1/5/2024Bank of AmericaDowngradeBuy ➝ Underperform$39.00
1/5/2024Morgan StanleyInitiated CoverageEqual Weight$40.00
12/14/2023Johnson RiceDowngradeBuy ➝ Accumulate
12/4/2023Truist FinancialReiterated RatingBuy ➝ Buy$55.00
11/30/2023Stifel NicolausBoost TargetBuy ➝ Buy$53.00 ➝ $54.00
11/28/2023Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$46.00
11/22/2023Piper SandlerBoost TargetNeutral ➝ Neutral$43.00 ➝ $44.00
11/22/2023Raymond JamesLower TargetStrong-Buy ➝ Strong-Buy$55.00 ➝ $51.00
9/27/2023Bank of AmericaBoost Target$43.00 ➝ $48.00
9/8/2023Raymond JamesBoost TargetStrong-Buy ➝ Strong-Buy$44.00 ➝ $54.00
8/24/2023Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$42.00 ➝ $46.00
8/21/2023Northland SecuritiesBoost TargetOutperform ➝ Outperform$48.00 ➝ $54.00
8/18/2023Stifel NicolausBoost TargetBuy ➝ Buy$43.00 ➝ $49.00
8/14/2023Piper SandlerDowngradeOverweight ➝ Neutral$46.00
8/9/2023CitigroupBoost TargetBuy ➝ Buy$45.00 ➝ $50.00
8/7/2023Truist FinancialBoost TargetBuy ➝ Buy$54.00 ➝ $56.00
8/7/2023Jefferies Financial GroupBoost TargetBuy ➝ Buy$41.00 ➝ $50.00
7/24/2023Raymond JamesLower TargetStrong-Buy$48.00 ➝ $44.00
7/24/2023Stifel NicolausBoost TargetBuy$42.00 ➝ $43.00
7/24/2023Truist FinancialLower TargetBuy$60.00 ➝ $53.00
7/13/2023CitigroupBoost Target$42.00 ➝ $45.00
7/11/2023Royal Bank of CanadaLower Target$45.00 ➝ $42.00
6/20/2023Truist FinancialBoost Target$58.00 ➝ $60.00
6/13/2023Piper SandlerLower Target$47.00 ➝ $42.00
6/8/2023Raymond JamesLower Target$52.00 ➝ $48.00
5/30/2023Stifel NicolausLower Target$43.00 ➝ $42.00
5/18/2023Piper SandlerLower Target$50.00 ➝ $47.00
4/27/2023Stifel NicolausBoost Target$40.00 ➝ $43.00
4/21/2023Raymond JamesBoost TargetStrong-Buy$47.00 ➝ $52.00
4/11/2023Truist FinancialBoost TargetBuy$44.00 ➝ $59.00
3/17/2023Royal Bank of CanadaReiterated RatingOutperform$46.00
3/7/2023Piper SandlerLower TargetOverweight$55.00 ➝ $50.00
2/7/2023Truist FinancialLower TargetBuy$54.00 ➝ $44.00
2/7/2023Raymond JamesLower TargetStrong-Buy$55.00 ➝ $50.00
1/6/2023Bank of AmericaUpgradeNeutral ➝ Buy$38.00
1/4/2023Raymond JamesLower TargetStrong-Buy$60.00 ➝ $55.00
11/25/2022CitigroupBoost Target$36.00 ➝ $46.00
11/14/2022Northland SecuritiesBoost Target$50.00 ➝ $60.00
11/14/2022Royal Bank of CanadaBoost TargetOutperform$42.00 ➝ $46.00
10/24/2022Raymond JamesBoost TargetStrong-Buy$55.00 ➝ $60.00
10/19/2022Jefferies Financial GroupInitiated CoverageBuy$37.00
10/18/2022Piper SandlerBoost TargetOverweight$51.00 ➝ $59.00
10/13/2022Truist FinancialBoost TargetBuy$65.00 ➝ $66.00
10/5/2022Piper SandlerBoost Target$51.00
9/19/2022Bank of AmericaBoost TargetNeutral$32.00 ➝ $34.00
8/18/2022Raymond JamesBoost TargetStrong-Buy$50.00 ➝ $55.00
7/22/2022Piper SandlerLower TargetOverweight$51.00 ➝ $49.00
7/19/2022Bank of AmericaLower TargetNeutral$38.00 ➝ $32.00
7/11/2022Wells Fargo & CompanyLower TargetEqual Weight$36.00 ➝ $35.00
6/13/2022Truist FinancialBoost Target$52.00 ➝ $58.00
6/9/2022Piper SandlerBoost TargetOverweight$43.00 ➝ $51.00
6/9/2022Raymond JamesBoost Target$48.00 ➝ $55.00
4/26/2022CitigroupBoost TargetBuy$31.00 ➝ $36.00
4/25/2022Raymond JamesBoost TargetStrong-Buy$45.00 ➝ $48.00
4/21/2022Truist FinancialBoost Target$45.00 ➝ $50.00
4/7/2022Piper SandlerBoost TargetOverweight$37.00 ➝ $40.00
3/25/2022Raymond JamesBoost TargetStrong-Buy$43.00 ➝ $45.00
3/15/2022Johnson RiceUpgradeAccumulate ➝ Buy$50.00
3/14/2022Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$34.00
3/10/2022Piper SandlerBoost Target$36.00 ➝ $37.00
3/8/2022Bank of AmericaDowngradeBuy ➝ Neutral$33.00 ➝ $38.00
3/1/2022Royal Bank of CanadaBoost TargetOutperform$35.00 ➝ $36.00
1/26/2022Truist FinancialBoost Target$42.00 ➝ $45.00
1/14/2022Truist FinancialBoost Target$40.00 ➝ $42.00
12/17/2021Bank of AmericaUpgradeNeutral ➝ Buy$28.00
11/19/2021Raymond JamesBoost TargetStrong-Buy$38.00 ➝ $43.00
10/26/2021Roth CapitalBoost TargetBuy$22.00 ➝ $32.00
10/26/2021Raymond JamesBoost TargetStrong-Buy$32.00 ➝ $38.00
10/14/2021Bank of AmericaDowngradeBuy ➝ Neutral$28.00 ➝ $30.00
10/7/2021Truist FinancialBoost TargetBuy$33.00 ➝ $38.00
9/1/2021Raymond JamesBoost TargetStrong-Buy$30.00 ➝ $32.00
8/23/2021Wells Fargo & CompanyLower TargetOverweight$23.00 ➝ $20.00
7/27/2021Raymond JamesBoost TargetStrong-Buy$27.00 ➝ $30.00
7/22/2021Piper SandlerUpgradeNeutral ➝ Overweight$22.00 ➝ $23.00
7/20/2021Roth CapitalLower TargetBuy$24.00 ➝ $22.00
7/1/2021Truist FinancialBoost TargetBuy$25.00 ➝ $33.00
6/23/2021Piper SandlerInitiated CoverageNeutral$22.00
6/21/2021Bank of AmericaInitiated CoverageBuy
6/18/2021Raymond JamesBoost TargetStrong-Buy$24.00 ➝ $27.00
6/17/2021Stifel NicolausBoost TargetBuy$20.00 ➝ $21.00
6/17/2021Wells Fargo & CompanyBoost TargetOverweight$19.00 ➝ $21.00
5/10/2021Truist FinancialBoost Target$20.00 ➝ $25.00
1/26/2021Royal Bank of CanadaInitiated CoverageOutperform$14.00
1/7/2021Raymond JamesInitiated CoverageStrong-Buy$14.00
12/31/2020Truist FinancialBoost TargetBuy$7.00 ➝ $11.00
10/15/2020Truist FinancialLower Target$20.00 ➝ $10.00
9/28/2020Roth CapitalBoost TargetBuy$1.80 ➝ $18.00
9/25/2020Wells Fargo & CompanyInitiated CoverageOverweight$10.00
9/11/2020Northland SecuritiesReiterated RatingBuy$10.00
8/27/2020Roth CapitalReiterated RatingBuy
8/27/2020Roth CapitalInitiated CoverageBuy$18.00
7/1/2020SunTrust BanksUpgradeHold ➝ Buy$20.00
5/12/2020Northland SecuritiesReiterated RatingBuy$15.00
3/13/2020Imperial CapitalLower TargetOutperform$25.00 ➝ $15.00
3/9/2020SunTrust BanksDowngradeBuy ➝ Hold$40.00 ➝ $20.00
12/20/2019Imperial CapitalUpgradeIn-Line ➝ Outperform
11/21/2019Northland SecuritiesInitiated CoverageBuy$32.50
(Data available from 11/21/2019 forward)

News Sentiment Rating

0.75 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 19 very positive mentions
  • 15 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
4/24/2024
  • 10 very positive mentions
  • 11 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
5/24/2024
  • 10 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
6/23/2024
  • 16 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/23/2024
  • 15 very positive mentions
  • 17 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
8/22/2024
  • 17 very positive mentions
  • 13 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
9/21/2024
  • 20 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/21/2024
  • 19 very positive mentions
  • 13 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
11/20/2024

Current Sentiment

  • 19 very positive mentions
  • 13 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.
Northern Oil and Gas logo
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. It primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States. The company is based in Minnetonka, Minnesota.
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Today's Range

Now: $41.57
Low: $40.81
High: $41.58

50 Day Range

MA: $37.79
Low: $33.98
High: $41.25

52 Week Range

Now: $41.57
Low: $31.13
High: $43.80

Volume

914,783 shs

Average Volume

1,315,966 shs

Market Capitalization

$4.15 billion

P/E Ratio

4.99

Dividend Yield

4.15%

Beta

1.8

Frequently Asked Questions

What sell-side analysts currently cover shares of Northern Oil and Gas?

The following Wall Street sell-side analysts have issued reports on Northern Oil and Gas in the last year: Bank of America Co., Citigroup Inc., Jefferies Financial Group Inc., Johnson Rice, Mizuho, Morgan Stanley, Piper Sandler, Raymond James, Royal Bank of Canada, Stifel Nicolaus, StockNews.com, and Truist Financial Co..
View the latest analyst ratings for NOG.

What is the current price target for Northern Oil and Gas?

0 Wall Street analysts have set twelve-month price targets for Northern Oil and Gas in the last year. Their average twelve-month price target is $47.50, suggesting a possible upside of 14.3%. Stifel Nicolaus has the highest price target set, predicting NOG will reach $55.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $39.00 for Northern Oil and Gas in the next year.
View the latest price targets for NOG.

What is the current consensus analyst rating for Northern Oil and Gas?

Northern Oil and Gas currently has 3 hold ratings, 7 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for NOG.

What other companies compete with Northern Oil and Gas?

Other companies that are similar to Northern Oil and Gas include Permian Resources, Ovintiv, Antero Resources, Viper Energy and Sunoco. Learn More about companies similar to Northern Oil and Gas.

How do I contact Northern Oil and Gas' investor relations team?

Northern Oil and Gas' physical mailing address is 4350 Baker Road Suite 400, MINNETONKA MN, 55343. The company's listed phone number is (952) 476-9800 and its investor relations email address is [email protected]. The official website for Northern Oil and Gas is www.northernoil.com. Learn More about contacing Northern Oil and Gas investor relations.