Raymond James Remains Bullish on Northern Oil and Gas (NOG)

Northern Oil and Gas, Inc. (NYSE:NOG) is one of the best high growth low PE stocks to invest in now. In a report released on August 21, John Freeman from Raymond James maintained a Buy rating on Northern Oil and Gas, Inc. (NYSE:NOG), setting a price target of $34.00.

Is Northern Oil and Gas, Inc. (NOG) the Underperforming Stock Targeted By Short Sellers?

In other news, Northern Oil and Gas, Inc. (NYSE:NOG) announced on August 1 that its Board of Directors declared a cash dividend of $0.45 per share, representing a “7% increase year-over-year and equal to the prior quarterly dividend”.

Management announced that the dividend is payable on October 31, 2025, to stockholders of record as of the close of business on September 29, 2025.

Northern Oil and Gas, Inc. (NYSE:NOG) acquires, develops, explores, and produces natural gas and crude oil properties. Its focus is on the Bakken and Three Forks formations within the Williston Basin in North Dakota and Montana.

While we acknowledge the potential of NOG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NOG and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.