Relatively Undervalued Northern Oil and Gas Looking to Triple Earnings This Year

Tue, 03/01/2011 - 03:01 EDT - Seeking Alpha

Michael Morhamus submits:After hours on Monday, Northern Oil and Gas (Amex: NOG) announced that it expects to release fourth quarter and full year 2010 financial and operating results this Wednesday, March 2, 2011 prior to market trading. If analysts are correct, the results should be 450% higher than the previous year (2009) and may go much higher next year (2012). Given the bullish stock price action the last few days, they may be right. Comtex SmartTrend has listed NOG among one of the top five companies in the Oil & Gas Exploration & Production industry as measured by relative performance. Given its increase in volume, it appears people have begun to take notice of the Wayzata, Minnesota based company which engages in the acquisition, exploration, exploitation, and development of oil and natural gas properties in the Rocky Mountain region of the United States. Investors Business Daily has also just given the firmComplete Story »

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Relatively Undervalued Northern Oil and Gas Looking to Triple Earnings This Year

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