Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Northern Oil and Gas Inc (NYSE: NOG) weakened recently. NOG’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
Northern Oil and Gas Inc (NYSE: NOG) stock closed at $33.00 on 2/21/25 after a large decline of -6.7%. Moreover, unusually high trading volume at 182% of normal accompanied the decline. The stock has declined -6.0% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Northern Oil and Gas has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Northern Oil and Gas has a good Appreciation Score of 79 but a poor Power Rating of 29, and the Neutral Value Trend Rating results.
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