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Recommendation Rating

1.82

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4

5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 44.91

Low: 30

High: 63

Total Analysts: 12

Company Profile

Northern Oil and Gas, Inc. is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and natural gas properties. Its properties are located in the United States, primarily in the Williston Basin, the Appalachian Basin and the Permian Basin. The Company’s primary focus is investing in non-operated minority working and mineral interests in oil and gas properties, with a core area of focus in three premier basins within the United States. It is engaged in oil and natural gas exploration and production by participating on a proportionate basis alongside third-party interests in wells drilled and completed in spacing units that include its acreage. The Company has leased approximately 245,431 net acres, of which approximately 87% are developed and all are located in the United States.

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