<div id="readability-page-1"><p>Shares of Northern Oil and Gas, Inc. (NYSE:NOG - Get Free Report) have been given a consensus rating of &#34;Hold&#34; by the eleven research firms that are currently  covering the company, Marketbeat.com reports. One equities research analyst  has rated the stock with a sell rating, five have assigned  a hold rating, four have given a buy rating and one  has given a strong buy rating to  the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $33.25.</p><div><p><span></span><span>Get <strong>Northern Oil and Gas</strong> alerts:</span></p></div><ul><li>3 Mid-Cap Energy Firms Analysts See Moving Up to the Big Leagues</li></ul><p>A number of brokerages recently weighed in on NOG. Mizuho upped their price objective on Northern Oil and Gas from $28.00 to $30.00 and gave the stock a &#34;neutral&#34; rating in a research note on Friday, December 12th. William Blair initiated coverage on shares of Northern Oil and Gas in a research report on Monday, August 25th. They set an &#34;outperform&#34; rating for the company. Morgan Stanley  restated an &#34;underweight&#34; rating and issued a $26.00 price target (down from $27.00) on shares of Northern Oil and Gas in a report on Tuesday, October 14th. Weiss Ratings  reiterated a &#34;hold (c-)&#34; rating on shares of Northern Oil and Gas in a research note on Wednesday, October 8th. Finally, Citigroup reduced their price target on Northern Oil and Gas from $32.00 to $28.00 and set a &#34;buy&#34; rating on the stock in a research report on Monday, October 20th.</p><p><b>Get Our Latest Report on Northern Oil and Gas</b></p><h2>Northern Oil and Gas Price Performance</h2><ul><li>3 Oil Exploration Stocks To Cushion WTI Swings</li></ul><p>NYSE NOG opened at $22.03 on Tuesday. The company has a market cap of $2.15 billion, a PE ratio of 12.44 and a beta of 1.05. The firm's 50 day moving average price is $22.21 and its 200-day moving average price is $25.33. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.10 and a current ratio of 1.10. Northern Oil and Gas has a 52-week low of $19.88 and a 52-week high of $42.35. </p><p>Northern Oil and Gas (NYSE:NOG - Get Free Report) last posted its earnings results on Monday, March 6th. The company reported $1.06 earnings per share for the quarter. Northern Oil and Gas had a return on equity of 20.61% and a net margin of 7.61%.The company had revenue of $319.19 million during the quarter.  Sell-side analysts forecast that  Northern Oil and Gas will post 5.18 EPS for the current fiscal year. </p><h2>Northern Oil and Gas Announces Dividend</h2><p>The firm also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Tuesday, December 30th will be paid a $0.45 dividend. The ex-dividend date is Tuesday, December 30th. This represents a $1.80 dividend on an annualized basis and a yield of 8.2%. Northern Oil and Gas's dividend payout ratio (DPR) is 101.69%. </p><h2>Hedge Funds Weigh In On Northern Oil and Gas</h2><p>Several hedge funds and other institutional investors have recently modified their holdings of NOG. DLD Asset Management LP grew its position in  Northern Oil and Gas by 42.9% during the 2nd quarter. DLD Asset Management LP now owns 25,000,000 shares of the company's stock worth $708,750,000 after purchasing an additional 7,500,000 shares during the last quarter.  Tributary Capital Management LLC grew its holdings in shares of  Northern Oil and Gas by 146.3% during the third quarter. Tributary Capital Management LLC now owns 1,312,256 shares of the company's stock valued at $32,544,000 after buying an additional 779,492 shares during the last quarter.  BW Gestao de Investimentos Ltda. acquired a new position in shares of  Northern Oil and Gas in the 1st quarter valued at $14,137,000.  Bridgeway Capital Management LLC purchased a new position in  Northern Oil and Gas in the 3rd quarter worth $11,295,000.  Finally, Jennison Associates LLC raised its stake in  Northern Oil and Gas by 80.2% in the 2nd quarter. Jennison Associates LLC now owns 924,629 shares of the company's stock worth $26,213,000 after acquiring an additional 411,457 shares during the last quarter. 98.80% of the stock is owned by hedge funds and other institutional investors. </p><h2>About Northern Oil and Gas</h2> (Get Free Report)<p>Northern Oil and Gas, Inc is a publicly traded independent energy company focused on the acquisition, exploration and development of oil and natural gas resources in the United States. The company's primary operations are concentrated in the Williston Basin, where it secures acreage positions and partners with drilling operators to advance upstream projects. Through strategic leasehold acquisitions and joint ventures, Northern Oil and Gas seeks to expand its footprint in both conventional and unconventional reservoirs.  </p><p>Northern Oil and Gas employs horizontal drilling and hydraulic fracturing technologies to develop unconventional resource plays, particularly in the Bakken, Three Forks and Red River formations of North Dakota and Montana.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Northern Oil and Gas</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>The Last Gold Bull Market </li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU5PRw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU5PRw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Northern Oil and Gas Right Now?</h2><p>Before you consider Northern Oil and Gas, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Northern Oil and Gas wasn't on the list.</p><p>While Northern Oil and Gas currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Northern Oil and Gas, Inc. (NYSE:NOG) has received a consensus "Hold" rating from eleven research firms. Analysts have set an average 12-month target price of $33.25. Recent brokerage actions include Mizuho's price objective increase to $30.00 and Citigroup's reduction to $28.00. The company reported $1.06 EPS for the last quarter, with a dividend yield of 8.2%. Hedge funds own 98.80% of the stock. Northern Oil and Gas focuses on oil and natural gas exploration in the Williston Basin.</p>

Northern Oil and Gas, Inc. (NYSE:NOG) Receives Average Rating of "Hold" from Analysts