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down 23.26 %

NORTHERN OIL AND GAS (NOG) rated Buy by Canaccord Adams

Posted on: Tuesday,  Aug 25, 2009  8:25 AM ET by Canaccord Adams

Canaccord Adams rated Buy NORTHERN OIL AND GAS (AMEX: NOG) on 08/25/2009, when the stock price was $6.92.
Since then, NORTHERN OIL AND GAS has lost 23.27% as of 08/27/2015's recent price of $5.31.
If you would have followed this Canaccord Adams's recommendation on NOG, you would have lost 23.26% of your investment in 2193 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 Adams provides focused, actionable, idea-driven research, helping clients make informed investment decisions. Our 55 international analysts scour the globe for emerging and small to mid cap (US$1-2 billion market capitalization) growth opportunities, identifying value and exposing risk. Our research team analyzes over 550 companies in eight sectors, clarifying current events and anticipating market trends in high-quality daily, weekly and monthly research products. Our clients benefit from our thorough and sophisticated knowledge of the sectors we cover - Metals and Mining, Energy, Technology, Life Sciences, Real Estate, Consumer, Sustainability and Industrial Growth. We combine independent, actionable ideas, unique global perspective and unparalleled industry expertise. We believe it's evident in our research, and the foundation of our business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/25/2009 8:25 AM Buy
as of 12/31/2009
1 Week up  108.06 %
1 Month up  181.96 %
3 Months up  207.14 %
1 YTD up  117.90 %

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