In today's edition, Paul and Matt discuss Kodiak Oil & Gas, an up-and-coming oil growth story. Kodiak's main asset is its 155,000 net acres in the Williston Basin, known for the Bakken and Three Forks formations. Kodiak looks expensive if you compare its enterprise value with its proven reserves, but these reserves are growing at a rapid pace. In the following video, analyst Paul Chi breaks down the total resource potential and compares it with today's price.
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The article 1 Oil Shale Stock With Upside Potential originally appeared on Fool.com.
Matthew Argersinger has no positions in the stocks mentioned above. Paul Chi has options on SandRidge Energy. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.