NEW YORK ( TheStreet) -- Kodiak Oil & Gas Corp (NYSE: KOG) is trading at unusually high volume Tuesday with 16.8 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down 45 cents (-10%) at $4.05 as of 2:46 p.m. ET. Kodiak Oil & Gas has a market cap of $946.7 million and is part of the basic materials sector and energy industry. Shares are down 31.8% year to date as of the close of trading on Monday. Kodiak Oil & Gas Corp. engages in the acquisition, exploration, exploitation, development, and production of natural gas and crude oil in the United States. The company has a P/E ratio of 521, above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Kodiak Oil & Gas as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share and compelling growth in net income. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full Kodiak Oil & Gas Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Interested in other stocks that are falling on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVDOWN to 95370 or select from multiple alert options.