NOG Stock Near Highs on Forge Acquisition

Northern Oil and Gas reiterated robust 2025 production guidance around 100,000 boe per day as it integrates new Permian assets, with 2024 revenue near $1.6 billion and net income about $470 million. Citi trimmed its price target on NOG to $28 from $36 while maintaining a Buy rating, amid mixed analyst views on the stock's upside and valuation.