Kodiak Oil & Gas (NYSE: KOG) reported earnings on Feb. 28. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Dec. 31 (Q4), Kodiak Oil & Gas missed estimates on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue grew significantly. Non-GAAP earnings per share increased. GAAP earnings per share grew.

Margins increased across the board.

Revenue details
 Kodiak Oil & Gas tallied revenue of $130.8 million. The 17 analysts polled by S&P Capital IQ foresaw net sales of $139.5 million on the same basis. GAAP reported sales were much higher than the prior-year quarter's $55.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.11. The 20 earnings estimates compiled by S&P Capital IQ averaged $0.12 per share. Non-GAAP EPS were $0.11 for Q4 against -$0.01 per share for the prior-year quarter. GAAP EPS were $0.12 for Q4 against -$0.15 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 78.6%, 290 basis points better than the prior-year quarter. Operating margin was 32.1%, much better than the prior-year quarter. Net margin was 25.4%, much better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $175.1 million. On the bottom line, the average EPS estimate is $0.14.

Next year's average estimate for revenue is $839.2 million. The average EPS estimate is $0.68.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 801 members out of 837 rating the stock outperform, and 36 members rating it underperform. Among 126 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 117 give Kodiak Oil & Gas a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Kodiak Oil & Gas is outperform, with an average price target of $11.41.

Is Kodiak Oil & Gas the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.