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Northern Oil and Gas (NOG) Jumps: Stock Rises 9.4%

Zacks Equity Research
Updated

Northern Oil and Gas, Inc. NOG was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company for the company—as the stock is now up 19.19% in the past one-month time frame.

The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for Northern Oil and Gas. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Northern Oil and Gas currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.

Northern Oil and Gas, Inc. Price

Northern Oil and Gas, Inc. Price | Northern Oil and Gas, Inc. Quote

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Another player in the, which looks attractive at current levels is Carrizo Oil & Gas, Inc. CRZO, which hasthe same Zacks Rank as Northern Oil and Gas. You can see the complete list of today’s Zacks #1 Rank stocks here.

Is NOG going up? Or down? Predict to see what others think: Up or Down.

Zacks Editor-in-Chief Goes ""All In"" on This Stock

Full disclosure, Kevin Matras now has more of his own money in one particular stock than in any other. He believes in its short-term profit potential and also in its prospects to more than double by 2019. Today he reveals and explains his surprising move in a new Special Report.

Download it free >>


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Northern Oil and Gas, Inc. (NOG) : Free Stock Analysis Report
 
Carrizo Oil & Gas, Inc. (CRZO) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research