Shares of Northern Oil and Gasoline, Inc. (NYSE:NOG – Get Score) have earned a median advice of “Average Purchase” from the twelve analysts which might be protecting the corporate, MarketBeat Rankings reviews. Two analysts have rated the inventory with a maintain score, six have given a purchase score and one has issued a powerful purchase score on the corporate. The common 12-month goal worth amongst analysts which have issued a report on the inventory within the final 12 months is $49.20.
Numerous equities analysis analysts have just lately weighed in on the inventory. Raymond James diminished their worth goal on shares of Northern Oil and Gasoline from $60.00 to $55.00 and set a “strong-buy” score on the inventory in a report on Wednesday, January 4th. Jefferies Monetary Group began protection on shares of Northern Oil and Gasoline in a analysis report on Wednesday, October nineteenth. They issued a “purchase” score and a $37.00 goal worth on the inventory. StockNews.com raised shares of Northern Oil and Gasoline from a “promote” score to a “maintain” score in a analysis report on Tuesday, November twenty second. Royal Financial institution of Canada raised their worth goal on shares of Northern Oil and Gasoline from $42.00 to $46.00 and gave the inventory an “outperform” score in a analysis report on Monday, November 14th. Lastly, Northland Securities raised their worth goal on shares of Northern Oil and Gasoline from $50.00 to $60.00 in a analysis report on Monday, November 14th.
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Insiders Place Their Bets
In different Northern Oil and Gasoline information, President Adam A. Dirlam offered 6,620 shares of Northern Oil and Gasoline inventory in a transaction dated Wednesday, October nineteenth. The shares had been offered at a median worth of $34.71, for a complete transaction of $229,780.20. Following the completion of the transaction, the president now owns 58,128 shares within the firm, valued at $2,017,622.88. The sale was disclosed in a doc filed with the SEC, which is accessible by means of this hyperlink. In different Northern Oil and Gasoline information, President Adam A. Dirlam offered 6,620 shares of Northern Oil and Gasoline inventory in a transaction dated Wednesday, October nineteenth. The shares had been offered at a median worth of $34.71, for a complete transaction of $229,780.20. Following the completion of the transaction, the president now owns 58,128 shares within the firm, valued at $2,017,622.88. The sale was disclosed in a doc filed with the SEC, which is accessible by means of this hyperlink. Additionally, CFO Chad W. Allen offered 2,358 shares of Northern Oil and Gasoline inventory in a transaction dated Monday, November 14th. The inventory was offered at a median worth of $38.16, for a complete transaction of $89,981.28. Following the sale, the chief monetary officer now owns 47,029 shares of the corporate’s inventory, valued at $1,794,626.64. The disclosure for this sale may be discovered right here. Over the past quarter, insiders offered 358,372 shares of firm inventory price $13,428,038. Insiders personal 3.60% of the corporate’s inventory.
Institutional Traders Weigh In On Northern Oil and Gasoline
Numerous hedge funds and different institutional buyers have just lately modified their holdings of the corporate. FMR LLC grew its holdings in shares of Northern Oil and Gasoline by 28.3% through the second quarter. FMR LLC now owns 5,809,993 shares of the corporate’s inventory price $146,761,000 after shopping for a further 1,282,999 shares within the final quarter. BlackRock Inc. grew its holdings in Northern Oil and Gasoline by 7.9% within the first quarter. BlackRock Inc. now owns 4,438,695 shares of the corporate’s inventory valued at $125,127,000 after buying a further 326,123 shares through the interval. Vanguard Group Inc. grew its holdings in Northern Oil and Gasoline by 0.5% within the third quarter. Vanguard Group Inc. now owns 3,743,683 shares of the corporate’s inventory valued at $102,615,000 after buying a further 20,217 shares through the interval. State Avenue Corp grew its holdings in Northern Oil and Gasoline by 3.7% within the second quarter. State Avenue Corp now owns 3,423,896 shares of the corporate’s inventory valued at $87,138,000 after buying a further 122,883 shares through the interval. Lastly, Invesco Ltd. grew its holdings in Northern Oil and Gasoline by 8.6% within the first quarter. Invesco Ltd. now owns 2,403,274 shares of the corporate’s inventory valued at $67,748,000 after buying a further 189,595 shares through the interval. 96.41% of the inventory is at present owned by hedge funds and different institutional buyers.
Northern Oil and Gasoline Inventory Efficiency
Northern Oil and Gasoline inventory opened at $31.39 on Friday. The inventory has a market cap of $2.44 billion, a price-to-earnings ratio of three.60, a price-to-earnings-growth ratio of 0.16 and a beta of 1.97. Northern Oil and Gasoline has a 1-year low of $20.02 and a 1-year excessive of $39.10. The corporate has a debt-to-equity ratio of 1.65, a present ratio of 0.99 and a fast ratio of 0.99. The agency has a 50 day easy transferring common of $33.26 and a 200-day easy transferring common of $30.83.
Northern Oil and Gasoline (NYSE:NOG – Get Score) final introduced its quarterly earnings information on Tuesday, November eighth. The corporate reported $1.80 earnings per share for the quarter, beating analysts’ consensus estimates of $1.70 by $0.10. The agency had income of $534.05 million through the quarter, in comparison with analyst estimates of $412.87 million. On common, analysts count on that Northern Oil and Gasoline will submit 6.99 EPS for the present 12 months.
Northern Oil and Gasoline Will increase Dividend
The agency additionally just lately introduced a quarterly dividend, which might be paid on Tuesday, January thirty first. Shareholders of report on Thursday, December twenty ninth might be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, December twenty eighth. This represents a $1.20 dividend on an annualized foundation and a yield of three.82%. This can be a increase from Northern Oil and Gasoline’s earlier quarterly dividend of $0.25. Northern Oil and Gasoline’s payout ratio is presently 13.76%.
About Northern Oil and Gasoline
Northern Oil and Gasoline, Inc, an unbiased power firm, engages within the acquisition, exploration, exploitation, growth, and manufacturing of crude oil and pure gasoline properties in america. The corporate primarily holds pursuits within the Williston Basin, the Appalachian Basin, and the Permian Basin in america.
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This on the spot information alert was generated by narrative science expertise and monetary information from MarketBeat in an effort to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
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