For investors who have followed the U.S. energy boom, the Bakken formation has been synonymous with top producers Continental Resources (NYSE:CLR) and Whiting Petroleum (NYSE: WLL). Both are great companies in their own right, but someone looking to get into the shale boom today would be better off looking to Bakken producers Kodiak Oil & Gas (NYSE:KOG) and Oasis Petroleum (NYSE:OAS) instead.
These two players may not be the highest volume producers in the region or the lowest cost driller in terms of cost per well drilled. But when you compare well economics of these companies, both have a clear lead in the region. Tune in to the video below to find out how Kodiak's and Oasis' financials stack up against Continental's and why they are better buys today.
What will be 2014's version of Core Labs?
The Motley Fool's chief investment officer really nailed his 2013 top stock pick with oil services company Core Labs, which shot up a spectacular 75%! Now, he has selected his No. 1 stock for 2014, and it's one of those stocks that has the potential for a great year ahead. You can find out which stock it is in the special report: "The Motley Fool's Top Stock for 2014." Simply click here and we'll give you free access to the name of this stock.
Tyler Crowe and The Motley Fool have no position in any 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.