RBC Capital analyst Scott Hanold maintained a Hold rating on Northern Oil And Gas yesterday and set a price target of $33.00. The company’s shares closed yesterday at $24.72.
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Hanold covers the Energy sector, focusing on stocks such as Northern Oil And Gas, Permian Resources, and Civitas Resources. According to TipRanks, Hanold has an average return of 27.4% and a 66.60% success rate on recommended stocks.
Currently, the analyst consensus on Northern Oil And Gas is a Moderate Buy with an average price target of $30.00.
Based on Northern Oil And Gas’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $577.99 million and a net profit of $99.59 million. In comparison, last year the company earned a revenue of $564.19 million and had a net profit of $138.56 million
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