Northern Oil and Gas (NASDAQ:NOG) Rating Lowered to Sell at BidaskClub

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BidaskClub lowered shares of Northern Oil and Gas (NASDAQ:NOG) from a hold rating to a sell rating in a research report sent to investors on Thursday, BidAskClub reports.

Separately, Seaport Global Securities restated a buy rating on shares of W&T Offshore in a report on Friday, June 21st.

Shares of Northern Oil and Gas stock opened at $1.95 on Thursday. The firm’s 50-day moving average price is $2.00. Northern Oil and Gas has a 12 month low of $1.83 and a 12 month high of $4.49.

Northern Oil and Gas (NASDAQ:NOG) last announced its earnings results on Thursday, May 9th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.05). The company had revenue of $132.68 million during the quarter, compared to the consensus estimate of $142.86 million.

About Northern Oil and Gas

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.

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