Kodiak Oil & Gas Corp. (AMEX:KOG)
About Kodiak Oil & Gas Corp. Kodiak Oil & Gas Corp. (Kodiak), incorporated on March 17, 1972, is an independent energy company focused on the exploration, exploitation, acquisition and production of natural gas and crude oil in the United States. The Companyâ€™s oil and natural gas reserves and operations are concentrated in two Rocky Mountain Basins, the Williston Basin of North Dakota and Montana, and the Green River Basin of Wyoming and Colorado. As of December 31, 2009, the Companyâ€™s portfolio included Eastern Bakken oil
play in Mountrail and Dunn Counties, North Dakota, and Vermillion Basin of southwest Wyoming. As of December 31, 2009, the Company had acquired an interest in approximately 52,000 gross (37,000 net) acres in the Eastern Bakken oil play. It has drilled its first two wells on the prospect acreage. As of December 31, 2009, the Company controlled approximately 43,000 gross acres and 16,000 net acres in the Vermillion Basin.
52 week range
$2.08 - $6.95
Financials Kodiak Oil & Gas Corp. (AMEX:KOG) reported the increase of 11 percent in its total revenue for the quarter ended June 30th, 2010 as compared to its revenue of $6.30 million for the same period last year. Cash flow from operation of company has increased enormously which stood at $12.82 million. That is quite greater than compared to last ended quarter. The companyâ€™s total assets accumulate up to $181.19 million with highest quantity of fixed assets in total amount. Kodiak Oil & GAS maintains a high short term liquidity position with current ratio of 3.08 times which depicts that current assets are maintained 3.08 times more than the companyâ€™s current liabilities. Moreover, Company is going to have less liquidity problems in future due to high quality of liquidity ratios.
Golden Star Resources Ltd. (USA) (AMEX:GSS)
About Golden Star Resources Ltd. Golden Star Resources Ltd. (Golden Star) is an international gold mining and exploration company producing gold in Ghana, West Africa. The Company also conducts gold exploration in other countries in West Africa and in South America. It owns controlling interests in several gold properties in southwest Ghana. Through a 90% owned subsidiary, Golden Star (Bogoso/Prestea) Limited (GSBPL), the Company owns and operates the Bogoso/Prestea gold mining and processing operations (Bogoso/Prestea) located near the town of Bogoso, Ghana. Through another 90% owned subsidiary, Golden Star (Wassa) Limited (GSWL), it owns and operates the Wassa open-pit gold mine and carbon-in-leach processing plant (Wassa), located approximately 35 kilometers east of Bogoso/Prestea. GSWL also owns the Hwini-Butre and Benso concessions (the HBB properties) in southwest Ghana.
52 week range
$2.59 - $6.01
Financials The Golden Star Resources Ltd. (USA) (AMEX:GSS) generated total revenue of $103.65 million as on September 30, 2010. However, net income is slightly less than compared to last quarter ended net income which was $7.61 million. The Companyâ€™s cash flow from operations has gone up considerably which stood at $94.86 million. In the same periods in last quarter it was $59.43 million. Total long term liabilities has increased to $124.90 million in present quarter which is not a good sing as there would be less net income and more interest payment in future. The total liabilities stand at $135.57 million whereas total equity stands at $535.24 million as on September 30th, 2010.
Hyperdynamics Corporation (AMEX:HDY)
About Hyperdynamics Corporation Hyperdynamics Corporation (Hyperdynamics), incorporated in March 1996, is an exploration-stage company. The Company, through its wholly owned subsidiary, SCS Corporation (SCS) possesses contract rights for and engage in the exploration and exploitation of oil and gas in an approximately 9,650 square mile concession off the coast of the Republic of Guinea in West Africa.
52 week range
$0.65 - $5.60
Financials Hyperdynamics Corporation (AMEX:HDY) generated current quarterly income before tax which was negative $2.88 million whereas it was $0.30 million for the same period in last quarter. The companyâ€™s cash flow from financing activities has decreased which shows a good sing for the company as it would require to pay less interest payment in future. Total assets of company mount up to $40.77 million as of 30th September, 2010 that is 49.77% greater than last quarter ending however, It could not maintain the Current ratio. The companyâ€™s total equity is also gradually decreasing which depicts that company is going to have funding liquidity problems and fewer funds would be available to invest in future profitable opportunities.
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