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Kodiak Oil (KOG) [hlAlert]

Rating:
Buy KOG
up 312.57 %

Kodiak Oil (KOG) rated Buy with price target $4 by KeyBanc Capital Mkts

Posted on: Wednesday,  Apr 2, 2008  9:25 AM ET by KeyBanc Capital Mkts

KeyBanc Capital Mkts rated Buy Kodiak Oil (NYSE: KOG) on 04/02/2008, when the stock price was $1.59. Since
then, Kodiak Oil has gained 312.58% as of 12/05/2014's recent price of $6.56.
If you would have followed this KeyBanc Capital Mkts's recommendation on KOG, you would have gained 312.57% of your investment in 2438 days.

Kodiak Oil & Gas Corp. (Kodiak) is an independent energy company focused on the exploration, exploitation, acquisition and production of natural gas and crude oil in the United States. The Company?s oil and natural gas reserves and operations are concentrated in two Rocky Mountain Basins, the Williston Basin of North Dakota and Montana, and the Green River Basin of Wyoming and Colorado. As of December 31, 2008, the Company?s portfolio included Eastern Bakken oil play in Mountrail and Dunn Counties, North Dakota, and Vermillion Basin of southwest Wyoming. As of December 31, 2008, the Company had acquired an interest in approximately 52,000 gross (37,000 net) acres in the Eastern Bakken oil play. It has drilled its first two wells on the prospect acreage. As of December 31, 2008, the Company controlled approximately 43,000 gross acres and 16,000 net acres in the Vermillion Basin.

KeyBanc Capital Mkts is one of the nation's largest bank-based financial services companies, with assets of approximately $89 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/2/2008 9:25 AM Buy
None
1.59 4.00
as of 12/24/2008
1 Week up  42.50 %
1 Month up  185.00 %
3 Months up  54.05 %
1 YTD up  83.87 %

(*) Stock Price at the time of the recommendation.
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