David Zanoni
Momentum, growth at reasonable price, long-term horizon

Northern Oil & Gas: Not Bakken Down With The Future Looking Well

While in the search for a promising, profitable, small energy company, I discovered Northern Oil and Gas (NYSEMKT:NOG). The company is an $873 million small-cap producer of crude oil and natural gas in North Dakota and Montana. It is one of America's fastest growing oil and gas energy companies. Northern holds interests in the Bakken and Three Forks formations in the Williston Basin. The company is fundamentally undervalued with the potential for significant stock gains.

About the Business

Northern earns its revenue from the sale of oil, natural gas, and NGLs produced from its properties. The company is a non-operator, meaning that it does not operate the wells, but instead has working interest in the wells as an...

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