Analyst are saying buy....statistics are saying sell. Missed the mark on revenues, domestic production falling, overseas projects behind on completion and selling off assets overseas. Not good for the stock holder. IMO, the stock will hit $105 a share before there is investing interest even with the nice dividend. Surely heads are rolling and reorg is a top discussion topic at the corporate level.
As I have traveled I have stayed at Hampton Inn. On observation and many conversations with other guests I have come to notice that Seniors 50+ and especially 55+ love to stay at a Hampton Inn. The main reason for most is the security it provides along with affordable clean and well cared for rooms. Most people that age and older are conservative with strict budgets and a Hampton fits their lifestyle, not to mention the Hilton Honors program to earn points for a free stay. That is why I stay at Hampton Inn and Hilton Hotels in general and when HLT IPO'd, I became a stockholder.
STO's stock price is cheap, very cheap by comparison with the likes of other major oils. And with the article about STO finding the most oil in 2013, wonder what is holding this stock back. One thing I see is the annual dividend, it would help if it was quarterly. Investors and fund managers love that quarterly dividend. The way I see it this stock with the PE and Revenue should be at least a $45-50 a share stock, o well, maybe sometime.
Kodiak is poised to significantly grow production and earnings in 2014. Production growth will come as a result of significant new advances in completion techniques, downspacing, and array fracking. KOG management is guiding for a 45% growth in production for full year 2014 to an average of 42-44,000 boe/day.
In early December, North Dakota experienced severe weather which impacted the company's production and the timing of ongoing completion operations. This is perhaps one reason the stock is down significantly from its earlier 2013 highs. However, the Company believes that full year 2013 production will still come in at ~29,200 boe/d.
For 2014, the stock should follow production higher and hit $17/share. After all, KOG has a 2013 yearly high of $14.11 and now trades at a relatively low PE of 24 considering its production growth rate.