Oil wells are sure to remain significantly more profitable than natural gas wells for the foreseeable future, making Kodiak Oil & Gas (NYSE: KOG) an intriguing play for 2013. While oil juniors inherently tax you with volatility, the upside still looks strong for this Bakken player. Check out the video below for three reasons Kodiak would make a good fit for your portfolio.
Is Kodiak a buy at this price?
Joel South has no positions in the stocks mentioned above. The Motley Fool owns shares of Devon Energy and has the following options: long JAN 2013 $16.00 calls on Chesapeake Energy, long JAN 2014 $20.00 calls on Chesapeake Energy, long JAN 2014 $30.00 calls on Chesapeake Energy, and short JAN 2014 $15.00 puts on Chesapeake Energy. 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.
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