Monday, June 11, 2012

A Couple of Random Bakken Investment Links

This is not an investment site; there are no recommendations to buy, sell, or hold shares in the market. The links are to stories that help tell the Bakken story.

Is KOG the perfect stock? -- Motley Fool. This note was interesting:
But several factors have held Kodiak's earnings back. Depreciation costs from acquisitions hurt net income in the most recent quarter. Also, like Continental Resources, Kodiak had a lot of unrealized losses from hedging strategies. Given the recent drop in oil prices, those hedges could turn into additional gains for Kodiak and Continental during the current quarter.
Several other companies operating in the Bakken were also mentioned. 

Five commodity stocks moving on news. -- SeekingAlpha.com. Of note, KOG and SandRidge were mentioned.

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