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down 76.56 %

NORTHERN OIL AND GAS (NOG) rated Outperform with price target $10 by RBC Capital Mkts

Posted on: Friday,  Feb 27, 2015  8:25 AM ET by RBC Capital Mkts

RBC Capital Mkts rated Outperform NORTHERN OIL AND GAS (AMEX: NOG) on 02/27/2015. Previously RBC Capital Mkts rated Outperform NORTHERN OIL AND GAS (AMEX:
NOG) on 09/21/2011., when the stock price was $22.66. Since then, NORTHERN OIL AND GAS has lost 76.57% as of 08/27/2015's recent price of $5.31.
If you would have followed the previous RBC Capital Mkts's recommendation on NOG, you would have lost 76.56% of your investment in 1436 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.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/27/2015 8:25 AM Buy
8.62 10.00
as of 8/27/2015
1 Week up  12.97 %
1 Month down  -26.75 %
3 Months down  -20.15 %
1 YTD down  -64.76 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/21/2011 8:25 AM Buy
22.66 30.00

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