Press coverage about Northern Oil & Gas (AMEX:NOG) has trended positive on Saturday, AlphaOne reports. The research group, a division of Accern, scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Northern Oil & Gas earned a daily sentiment score of 0.31 on AlphaOne’s scale. AlphaOne also gave media headlines about the energy company an impact score of 100 out of 100, indicating that recent press coverage is extremely likely to have an effect on the stock’s share price in the immediate future.
A number of brokerages recently weighed in on NOG. ValuEngine downgraded Northern Oil & Gas from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Scotiabank reaffirmed a “hold” rating and set a $3.00 price objective on shares of Northern Oil & Gas in a research report on Monday, April 3rd. Zacks Investment Research downgraded Northern Oil & Gas from a “buy” rating to a “hold” rating in a report on Wednesday, March 29th. Finally, Royal Bank Of Canada set a $4.00 price objective on Northern Oil & Gas and gave the stock a “hold” rating in a research note on Tuesday, April 25th.
Northern Oil & Gas (NOG) opened at 1.65 on Friday. The stock’s market capitalization is $101.55 million. Northern Oil & Gas has a 52 week low of $1.55 and a 52 week high of $5.00. The stock has a 50 day moving average price of $1.83 and a 200 day moving average price of $2.62.
About Northern Oil & Gas
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.
Receive News & Ratings for Northern Oil & Gas Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northern Oil & Gas Inc. and related companies with MarketBeat.com's FREE daily email newsletter.