After the bell, shares had tumbled 4.5% to $11.19.
The Denver-based oiler reported net income of 17 cents a share in the three months to December, a penny less than analysts surveyed by Thomson Reuters had forecast.
Revenue of $266.49 million was 103.7% higher than a year earlier but missed consensus by $3.3 million.Must Read: Tesla Is Partying Like It's 1999 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates KODIAK OIL & GAS CORP as a Buy with a ratings score of B. The team has this to say about their recommendation: "We rate KODIAK OIL & GAS CORP (KOG) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."
- You can view the full analysis from the report here: KOG Ratings Report
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