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КОрпорация Кодиак Ойл & Газ Message Board

  • trader_blue trader_blue May 17, 2013 3:23 PM Flag

    What is not to like woth Kodiak Oil and Gas at the Bakken

    Kodiak has reduced the time from spud to production from 30 to 20 days this year, and plans on reducing its rig count from 7 to 6 to boost margins.

    Kodiak is also planning on adding a new crew this May to help get projects online faster and keep up with maintenance, which could act as a small catalyst until next quarter or a production update. This company is trading at the lower end of its 52-week trading range and is significantly undervalued versus its growth expectations. Kodiak does have a lot of debt ($1 billion), but this is manageable, as Kodiak continues posting strong production gains and is now consistently profitable.

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