Kodiak Oil & Gas Corp. (KOG): Today's Featured Energy Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Kodiak Oil & Gas ( KOG) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day down 0.5%. By the end of trading, Kodiak Oil & Gas rose 15 cents (1.6%) to $9.52 on average volume. Throughout the day, 7.9 million shares of Kodiak Oil & Gas exchanged hands as compared to its average daily volume of 6.4 million shares. The stock ranged in a price between $9.22-$9.60 after having opened the day at $9.52 as compared to the previous trading day's close of $9.37. Other companies within the Energy industry that increased today were: Geokinetics ( GOK), up 32%, Lucas Energy ( LEI), up 14.2%, Double Eagle Petroleum Company ( DBLE), up 7.4%, and New Concept Energy ( GBR), up 6.3%.
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Kodiak Oil & Gas Corp. engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas in the United States. Kodiak Oil & Gas has a market cap of $2.54 billion and is part of the basic materials sector. The company has a P/E ratio of 29.2, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 1.4% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Kodiak Oil & Gas a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Kodiak Oil & Gas as a buy. 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. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Royale Energy ( ROYL), down 11.1%, Clayton Williams Energy ( CWEI), down 8.3%, Crimson Exploration ( CXPO), down 7.2%, and Isramco ( ISRL), down 6.6%, were all laggards within the energy industry with EOG Resources ( EOG) being today's energy industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

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