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КОрпорация Кодиак Ойл & Газ Message Board

  • wharfrat1940 wharfrat1940 Jul 19, 2013 1:48 PM Flag

    KOG is included in The Motley Fool's article - "A proposed Oil & Gas Portfolio"

    Regardless of your regards for The Motley Fool, it is just a fact that KOG is getting more and more coverage is a premier investment in the O&G market. This doesn't hurt our cause in also thinking highly highly of KOG.

    The following is quoted from a just released artical, "A Proposed Oil & Gas Portfolio", from Motley Fool, FWIW. The other two companies are OXY (Occidental Petroleum) and PZE (Petrobras Argentina).

    "One pure shale play.

    Kodiak Oil & Gas (NYSE: KOG) is the pure play to own in the Bakken oil shale in North Dakota, thanks to its high leverage to oil, which accounts for over 85% of Kodiak's production and reserves. According to its strong well results, the company has the most attractive acreage position in the basin. Moreover, the future should look even brighter. Drilling efficiencies, increased availability of services and ameliorated infrastructure in place (primarily increases in rail capacity) should continue driving down well costs, and hence, improving economic returns.

    Kodiak, which is still expanding its acreage fast, trades at 12.8 times P/E and pays no dividend (I would expect dividends to start being paid in two to three years). I would invest 25% of my three stock portfolio into Kodiak."

    Sentiment: Strong Buy

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