A Director at Northern Oil And Gas (NOG) is Selling Shares

Today, a Director at Northern Oil And Gas (NOG), Robert Grabb, sold shares of NOG for $5,360.

Following Robert Grabb’s last NOG Sell transaction on November 28, 2017, the stock climbed by 0.8%.

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Based on Northern Oil And Gas’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $145 million and quarterly net profit of $18.98 million. In comparison, last year the company earned revenue of $54.26 million and had a GAAP net loss of $16.09 million. The Company has a Price to Book ratio of 66.1896. Currently, Northern Oil And Gas has an average volume of 6.18M.

Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $4.63, reflecting a 115.3% upside.

The insider sentiment on Northern Oil And Gas has been neutral according to 49 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

Robert Grabb’s trades have generated a -58.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Northern Oil & Gas, Inc. engages in the acquisition, exploration, development, and production of crude oil and natural gas properties. It focuses on the Bakken and Three Forks formation within the Williston Basin in North Dakota and Montana. The company was founded on March 20, 2007 and is headquartered in Minnetonka, MN.

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