Isthmus Partners LLC boosted its position in Northern Oil & Gas, Inc. (AMEX:NOG) by 60.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 270,642 shares of the energy company’s stock after buying an additional 102,198 shares during the quarter. Isthmus Partners LLC owned approximately 0.42% of Northern Oil & Gas worth $379,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. State of Tennessee Treasury Department increased its holdings in Northern Oil & Gas by 1.6% in the first quarter. State of Tennessee Treasury Department now owns 41,525 shares of the energy company’s stock valued at $108,000 after buying an additional 662 shares during the last quarter. OppenheimerFunds Inc. increased its holdings in Northern Oil & Gas by 50.8% in the first quarter. OppenheimerFunds Inc. now owns 42,557 shares of the energy company’s stock valued at $111,000 after buying an additional 14,327 shares during the last quarter. KCG Holdings Inc. increased its holdings in Northern Oil & Gas by 123.9% in the first quarter. KCG Holdings Inc. now owns 44,133 shares of the energy company’s stock valued at $115,000 after buying an additional 24,422 shares during the last quarter. Prudential Financial Inc. increased its holdings in Northern Oil & Gas by 2.1% in the first quarter. Prudential Financial Inc. now owns 74,229 shares of the energy company’s stock valued at $193,000 after buying an additional 1,500 shares during the last quarter. Finally, Teachers Advisors LLC increased its holdings in Northern Oil & Gas by 13.7% in the fourth quarter. Teachers Advisors LLC now owns 109,180 shares of the energy company’s stock valued at $300,000 after buying an additional 13,158 shares during the last quarter.

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Northern Oil & Gas, Inc. (AMEX:NOG) traded down 2.0357% during trading on Tuesday, hitting $0.8229. The stock had a trading volume of 106,005 shares. The stock has a 50-day moving average price of $0.94 and a 200-day moving average price of $1.69. Northern Oil & Gas, Inc. has a 52 week low of $0.66 and a 52 week high of $4.00. The company’s market cap is $50.79 million.

Northern Oil & Gas (AMEX:NOG) last posted its quarterly earnings data on Tuesday, August 8th. The energy company reported $0.22 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.02) by $0.24. The firm had revenue of $64.90 million for the quarter, compared to analyst estimates of $48.06 million. The business’s quarterly revenue was up 102.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.10 EPS. Equities analysts predict that Northern Oil & Gas, Inc. will post $0.01 EPS for the current year.

NOG has been the subject of several research analyst reports. ValuEngine lowered Northern Oil & Gas from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Royal Bank Of Canada set a $3.00 price objective on Northern Oil & Gas and gave the company a “hold” rating in a report on Saturday, June 17th. Capital One Financial Corporation lowered Northern Oil & Gas from an “equal weight” rating to an “underweight” rating in a report on Wednesday, June 21st. Scotiabank set a $2.00 price objective on Northern Oil & Gas and gave the company a “hold” rating in a report on Saturday, July 1st. Finally, Zacks Investment Research lowered Northern Oil & Gas from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the stock. Northern Oil & Gas currently has a consensus rating of “Hold” and a consensus target price of $2.00.

Northern Oil & Gas Profile

Northern Oil and Gas, Inc is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and natural gas properties, primarily in the Bakken and Three Forks formations within the Williston Basin in North Dakota and Montana. The Company holds working interests in over 2,630 gross (204.3 net) producing wells, including over 2,630 wells targeting the Bakken and Three Forks formations and over two wells targeting other formations.

Institutional Ownership by Quarter for Northern Oil & Gas (AMEX:NOG)

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