What Did This CEO Just Do with Personal Shares of Northern Oil And Gas (NOG)?


Yesterday, the CEO of Northern Oil And Gas (NOG), Brandon Elliott, sold shares of NOG for $214K.

In addition to Brandon Elliott, 6 other NOG executives reported Sell trades in the last month.

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Based on Northern Oil And Gas’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $133 million and GAAP net loss of $107 million. In comparison, last year the company earned revenue of $86.88 million and had a net profit of $2.97 million. Currently, Northern Oil And Gas has an average volume of 11M.

In the last 30 days, insiders have sold $214K worth of NOG shares and purchased $2.51M worth of NOG shares. The insider sentiment on Northern Oil And Gas has been positive according to 58 insider trades in the past three months. This sentiment is slightly higher 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.

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