Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Northern Oil and Gas (NOG) Share Price

Share on StockTwits

Media headlines about Northern Oil and Gas (NASDAQ:NOG) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Northern Oil and Gas earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 48.1629068725203 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Shares of NASDAQ:NOG traded down $0.11 during trading on Friday, hitting $3.06. The stock had a trading volume of 3,489,696 shares, compared to its average volume of 3,415,645. Northern Oil and Gas has a 12-month low of $0.63 and a 12-month high of $3.80.

Northern Oil and Gas (NASDAQ:NOG) last announced its quarterly earnings data on Thursday, August 9th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.01. The firm had revenue of $96.78 million during the quarter, compared to analysts’ expectations of $95.20 million.

Separately, Capital One Financial upgraded Northern Oil and Gas from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 31st.

Northern Oil and Gas Company Profile

Northern Oil and Gas, Inc, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. The company primarily holds interests in the Bakken and Three Forks formations in the Williston Basin of North Dakota and Montana.

See Also: Asset Allocation

Insider Buying and Selling by Quarter for Northern Oil and Gas (NASDAQ:NOG)

Receive News & Ratings for Northern Oil and Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northern Oil and Gas and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply