Northern Oil and Gas, Inc. (NOG)
Northern Oil and Gas, Inc. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Minnetonka, MN, US. The stock last traded at $23.60, up 1.99% on the session, giving a market capitalisation of $2.57B. On trailing twelve-month figures it carries a trailing P/E of -4.63, a net margin of -21.8%. Its beta of 0.75 implies it has historically moved less than the broad market.
Northern Oil and Gas, Inc. operates as an independent energy enterprise within the United States. The company's core business revolves around the entire lifecycle of crude oil and natural gas properties, from their acquisition and exploration to their development and eventual production. Its primary operations are concentrated in significant U.S. shale plays, namely the Williston, Appalachian, and Permian Basins. As of December 31, 2021, Northern Oil and Gas held active stakes in 7,436 total producing wells and reported proved reserves totaling 287,682 million barrels of oil equivalent (BOE). The company is headquartered in Minnetonka, Minnesota.
Northern Oil and Gas, Inc. is most often compared with the following Energy names: