U.S. Markets closed

Kodiak Oil & Gas (KOG) in Focus: Stock Up 5.5% in Session

Zacks Equity Research

Kodiak Oil & Gas Corp. (KOG) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $13.51 to $14.91 in the past one-month time frame.

This U.S.-based oil exploration and production stock witnessed two positive estimate revisions over the past 7 days. The Zacks Consensus Estimate however remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Kodiak Oil & Gas carries a Zacks Rank #3 (Hold), while its Earnings ESP is positive.

However, some better-ranked stocks in the same industry include Callon Petroleum Company (CPE), EXCO Resources Inc. (XCO) and Midstates Petroleum Company, Inc. (MPO). All these stocks sport a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

KODIAK OIL & GAS CORP (KOG): Free Stock Analysis Report

CALLON PETE CO DEL (CPE): Free Stock Analysis Report

EXCO RESOURCES INC (XCO): Free Stock Analysis Report

MIDSTATES PETROLEUM CO INC (MPO): Free Stock Analysis Report

Zacks Investment Research