Why Kodiak Is Poised to Keep Climbing
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, independent energy company Kodiak Oil & Gas has earned a respected four-star ranking.
With that in mind, let's take a closer look at Kodiak and see what CAPS investors are saying about the stock right now.
Oil and gas exploration and production
Chairman/CEO Lynn Peterson
CFO James Henderson
Return on Equity (average, past three years)
$14.1 million / $1.5 billion
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 96% of the 842 members who have rated Kodiak believe the stock will outperform the S&P 500 going forward.
Trying to cash in on this growth story. The P/E is quite high at 25, but I think Kodiak is growing fast enough to support a continued rise in share prices. Growth obviously can't continue at their current rate, but even if they maintain half or 1/4 of their current growth rates, Kodiak will be a multi-bagger.
Record oil and natural gas production is revolutionizing the United States' energy position. Finding the right plays while historic amounts of capital expenditures are flooding the industry will pad your investment nest egg. For this reason, the Motley Fool is offering a comprehensive look at three energy companies set to soar during this transformation in the energy industry. To find out which three companies are spreading their wings, check out the special free report, "3 Stocks for the American Energy Bonanza." Don't miss out on this timely opportunity; click here to access your report -- it's absolutely free.
The article Why Kodiak Is Poised to Keep Climbing originally appeared on Fool.com.Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.