Northern Oil and Gas, Inc. (NOG): A Bull Case Theory

We came across a bullish thesis on Northern Oil and Gas, Inc. on Asymmetric Capital’s Substack by Srikanth Thangellamudi. In this article, we will summarize the bulls’ thesis on NOG. Northern Oil and Gas, Inc.'s share was trading at $24.82 as of January 29th. NOG’s trailing and forward P/E were 13.64 and 11.14 respectively according to Yahoo Finance.

Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. NOG has evolved into...