NYSE:NOGOil and Gas
Northern Oil and Gas (NOG): Evaluating Valuation After Buy Reiteration and Upbeat Q2 Guidance Update
Northern Oil and Gas (NOG) just caught investor eyes after Bank of America Securities reiterated a Buy rating following its second-quarter earnings. The trigger was stronger-than-expected natural gas production and an update to 2025 guidance. Management’s decision to trim capital spending while projecting continued strong free cash flow offers a confidence boost, even in an environment where oil and gas companies are wrestling with energy price swings and capital discipline.
Looking at the...