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Enter Symbol:
 
NORTHERN OIL AND GAS (NOG) [hlAlert]

Rating:
Hold NOG
down 72.79 %

NORTHERN OIL AND GAS (NOG) downgraded to Hold with price target $6 by Canaccord Genuity

Posted on: Friday,  Aug 7, 2015  11:25 AM ET by Canaccord Genuity

Canaccord Genuity rated Hold NORTHERN OIL AND GAS (AMEX: NOG) on 08/07/2015. Previously Canaccord Genuity rated Buy NORTHERN OIL AND GAS (AMEX: NOG)
on 10/18/2013., when the stock price was $17.46. Since then, NORTHERN OIL AND GAS has lost 72.79% as of 08/07/2015's recent price of $4.75.
If you would have followed the previous Canaccord Genuity's recommendation on NOG, you would have lost 72.79% of your investment in 658 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.

Canaccord Genuity’s global team of over 100 research professionals are inquisitive, experienced and committed to generating actionable investment ideas. We analyze over 725 companies in a broad range of market sectors, identifying value and defining risk for our clients.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/7/2015 11:25 AM Hold
None
4.75 6.00
as of 8/27/2015
1 Week   
1 Month down  -34.48 %
3 Months down  -28.57 %
1 YTD down  -68.48 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/18/2013 10:25 AM Buy
None
17.46 19.00
9/3/2013 9:25 AM Buy
None
12.93 17.00

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