Northern Oil and Gas Inc (NOG) rating downgrades by CapitalOne

In a filing, Northern Oil and Gas Inc revealed its Officer Allen Chad W acquired Company’s shares for reported $0.16 million on Jun 02 ’25. In the deal valued at $27.22 per share,6,000 shares were bought.

Then, Dirlam Adam A. bought 17,160 shares, generating $463,320 in total proceeds.

Before that, O’GRADY NICHOLAS L. bought 1,000 shares. Northern Oil and Gas Inc shares valued at $27,480 were divested by the CEO at a price of $27.48 per share. As a result of the transaction, O’GRADY NICHOLAS L. now holds 226,189 shares, worth roughly $7.27 million.

CapitalOne downgraded its Northern Oil and Gas Inc [NOG] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Mizuho’s analysts, who decreased its forecast for the stock in mid December from “an Outperform” to “a Neutral”. RBC Capital Mkts also remained covering NOG and has decreased its forecast on November 20, 2024 with a “Sector perform” recommendation from previously “an Outperform” rating.

Price Performance Review of NOG

On Friday, Northern Oil and Gas Inc [NYSE:NOG] saw its stock jump 3.24% to $32.16. Over the last five days, the stock has gained 11.86%. Northern Oil and Gas Inc shares have fallen nearly -13.46% since the year began. Nevertheless, the stocks have fallen -15.81% over the past one year. While a 52-week high of $44.31 was reached on 01/16/25, a 52-week low of $19.88 was recorded on 04/09/25.

Levels Of Support And Resistance For NOG Stock

The 24-hour chart illustrates a support level at 31.38, which if violated will result in even more drops to 30.60. On the upside, there is a resistance level at 32.78. A further resistance level may holdings at 33.40.

How much short interest is there in Northern Oil and Gas Inc?

A steep rise in short interest was recorded in Northern Oil and Gas Inc stocks on 2025-05-30, dropping by -0.11 million shares to a total of 19.05 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 19.15 million shares. There was a decline of -0.56%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on September 19, 2024 when Mizuho began covering the stock and recommended ‘”an Outperform”‘ rating along with a $47 price target.

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