You Want the Best Value in a Bakken Oil Stock? Look at These 2 Companies

By Tyler Crowe – Mar 28, 2014 at 10:15AM

NYSE: OAS

Oasis Petroleum

Kodiak Oil & Gas and Oasis Petroleum may not be the big headline-grabbing companies in the Bakken region, but they should be in your portfolio

For investors who have followed the U.S. energy boom, the Bakken formation has been synonymous with top producers Continental Resources (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 (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.

Tyler Crowe and The Motley Fool have no position in any stocks mentioned. 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.