Wunderlich Downgrades Kodiak Oil & Gas (KOG) to Hold After Guidance Reduced

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Kodiak Oil & Gas Corp. (KOG) Misses Q1 EPS by 7c

May 1, 2014 4:29 PM EDT

Kodiak Oil & Gas Corp. (NYSE: KOG) reported Q1 EPS of $0.11, $0.07 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $257 million versus the consensus estimate of $286.37 million.

Adjusted EBITDA was $179.9 million for the first quarter 2014, as compared to $124.4 million... More