Northern Oil & Gas (NOG) Valuation Update - Feb 25

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Northern Oil & Gas (NOG) Valuation Update - Feb 25

Post by dan_s »

My updated forecast/valuation model for NOG will be posted to the EPG website this afternoon. My valuation increases by $1 to $59/share. My valuation is just 3.75 X annualized operating cash flow per share.

NOG closed at $32.12 on Friday.

TipRanks: "In the last 3 months, 6 ranked analysts set 12-month price targets for NOG. The average price target among the analysts is $42.00. The 6 price targets range from $38 to $46."
Dan Steffens
Energy Prospectus Group
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