Northern Oil & Gas (NOG) Valuation Update - Oct 20

[dan_s]

TipRanks: "On 10/20/2022 Truist Securities analyst Neal Dingmann lowered the price target on Northern Oil and Gas (NYSE: NOG) to $64.00 (from $66.00) while maintaining a Buy rating." < IMO Neal Dingmann is one of the tip Energy Sector analysts.

NOG closed today at $33.99.

My current valuation is $66/share, which is based on 5X annualized operating cash flow per share.