Kodiak (KOG) Comes Off Annual Highs on Downgrade, Crude Prices
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Price: $6.56 --0%
Rating Summary:
11 Buy, 10 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
11 Buy, 10 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Kodiak Oil & Gas (NYSE: KOG) continues lower Wednesday, following a downgrade by Northland Securities from Outperform to Market Perform. With Kodak hitting a recent 52-week high of $9.95 yesterday, it might also not be a surprise to see investors taking a little off of the table.
Shares are down 4.6 percent on the session, to about $9.45, while front month crude contracts are down $1.67 to $99.67 per barrel.
Shares are down 4.6 percent on the session, to about $9.45, while front month crude contracts are down $1.67 to $99.67 per barrel.
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