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down 70.72 %

NORTHERN OIL AND GAS (NOG) rated Outperform with price target $29 by Northland Securities

Posted on: Wednesday,  May 2, 2012  8:25 AM ET by Northland Securities

Northland Securities rated Outperform NORTHERN OIL AND GAS (AMEX: NOG) on 05/02/2012. Previously Northland Securities rated Outperform NORTHERN OIL AND GAS (AMEX: NOG)
on 10/07/2010., when the stock price was $18.14. Since then, NORTHERN OIL AND GAS has lost 70.73% as of 08/27/2015's recent price of $5.31.
If you would have followed the previous Northland Securities's recommendation on NOG, you would have lost 70.72% of your investment in 1785 days.

Northern Oil and Gas, Inc. (Northern) is an independent energy company engaged in the acquisition, exploration, exploitation and development of oil and natural gas properties, and has focused its activities primarily on projects based in the Rocky Mountain Region of the United States, specifically the Williston Basin. As of March 16, 2009, the Company has completed 46 discoveries, consisting of 43 targeting the Bakken formation and three targeting a Red River Structure. During the fiscal year ended December 31, 2008, it focused its operations on acquiring leaseholds and drilling exploratory and developmental wells primarily in the Rocky Mountain Region of the United States.

Our equity research effort attempts to identify high potential small-cap investment ideas. We offer traditional sell-side research services with a particular focus on unearthing information that either supports or challenges our investment thesis. We strive to continuously provide our institutional client base with timely and insightful thinking.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/2/2012 8:25 AM Buy
19.28 29.00
as of 12/31/2012
1 Week down  -0.94 %
1 Month up  7.13 %
3 Months down  -1.00 %
1 YTD down  -29.85 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/5/2011 8:25 AM Buy
26.23 32.00
12/10/2010 12:25 PM Buy
24.56 27.00
10/7/2010 1:25 PM Buy
18.14 25.00

(*) Stock Price at the time of the recommendation.
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