Today, the CEO of Northern Oil And Gas (NOG), Brandon Elliott, bought shares of NOG for $141K.
This recent transaction increases Brandon Elliott’s holding in the company by 100% to a total of $1.23 million. In addition to Brandon Elliott, 2 other NOG executives reported Buy trades in the last month.
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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 83.4824. Currently, Northern Oil And Gas has an average volume of 3.93M.
Starting in June 2018, NOG received 5 Buy ratings in a row.
In the last 30 days, insiders have sold $10.14M worth of NOG shares and purchased $245.7K worth of NOG shares. The insider sentiment on Northern Oil And Gas has been neutral according to 47 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.
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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.
