Northern Oil And Gas Eyes 2025 Growth Despite Q4 Setbacks: Details
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 13 2025
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Source: Benzinga
Operational Update and Production Guidance: Northern Oil and Gas, Inc. reported a fourth-quarter production estimate of 131.0–132.0 MBoe per day and projected a capital budget of $1.05 billion – $1.20 billion for 2025, aiming for increased activity and growth in oil production.
Dividend Announcement and Market Performance: The company declared a first-quarter 2025 cash dividend of $0.45 per share, reflecting a year-over-year increase, while its shares were trading lower by 2.96% at $34.08.
Analyst Views on PSCE
Wall Street analysts forecast PSCE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PSCE is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
