Northern Oil and Gas: A Buy Until The Music Stops, Again

Brent Hecht
2.02K Followers

Summary

  • Northern Oil and Gas is an oil and gas company with a unique business model that is heavily reinvesting cash flows that could benefit it if oil prices trend upward.
  • The company's balance sheet isn't strong, but unless oil and gas prices decrease, this is not a concern.
  • The company is not a company I would want to hold through the entire boom and bust cycle, but for those who are bullish on oil, this presents some leverage.

Petroleum, petrodollar and crude oil concept : Pump jack and a black barrel on US USD dollar notes, depicts the money received or earned from sales after investment in the development of oil industry.

William_Potter

Northern Oil and Gas (NYSE:NOG) is headquartered in Minnetonka, Minnesota just outside Minneapolis and represents one of the few oil and gas companies headquartered in the north, rather than in the south. Their business model allows them to operate without having "boots

This article was written by

2.02K Followers
I focus on a variety of stocks but I prefer to write about oil and gas companies for now. I also enjoy studying and writing about where energy and monetary incentives intersect. I have a a bachelors and MBA although that should never replace experience and interest.Thanks for reading my articles!

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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