, Tracking Stock Market Picks
Enter Symbol:
Kodiak Oil (KOG) [hlAlert]

Market Perform
up 21.22 %

Kodiak Oil (KOG) downgraded to Market Perform with price target $10 by Northland Securities

Posted on: Wednesday,  Dec 28, 2011  8:25 AM ET by Northland Securities

Northland Securities rated Market Perform Kodiak Oil (NYSE: KOG) on 12/28/2011. Previously Northland Securities rated Outperform Kodiak Oil (NYSE: KOG) on
11/21/2011., when the stock price was $8.01. Since then, Kodiak Oil has gained 21.22% as of 12/28/2011's recent price of $9.71.
If you would have followed the previous Northland Securities's recommendation on KOG, you would have gained 21.22% of your investment in 37 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.

Our equity research effort attempts to identify high potential small-cap investment ideas. We offer traditional sell-side research services with a particular focus on unearthing information that either supports or challenges our investment thesis. We strive to continuously provide our institutional client base with timely and insightful thinking.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/28/2011 8:25 AM Hold
9.71 10.00
as of 12/30/2011
1 Week up  2.10 %
1 Month up  9.34 %
3 Months up  86.37 %
1 YTD up  21.22 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/21/2011 8:25 AM Buy
8.01 10.00
7/7/2011 9:25 AM Buy
6.60 8.00
12/10/2010 9:25 AM Hold
6.33 6.00
12/6/2010 9:25 AM Buy
5.26 6.00

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy