GPOR, KOG, et al

[setliff]

an excerpt from

http://seekingalpha.com/article/1054501 ... urce=yahoo

"------Kodiak Oil & Gas (KOG) might be a better play for those seeking an oil and natural gas stock with a bit of momentum behind it. The stock bounced off of recent lows and as of Friday's close the company is above nearly every single significant trading level, which was not the case even a few trading sessions ago. This is one of those heavily skewed oil plays and if one believes that we are not going over the fiscal cliff, then Kodiak is a great play. Although if one does believe that the fiscal cliff is breached, that also makes this a great play - for a short trade - as crude prices would most likely sink by 10-20%.

One of our holdings which we are excited about is PDC Energy (PDCE) which should be reporting the results of their first Utica wells very soon. That is one of the two catalysts we see for the shares in the near-term, with the other being drill results from Gulfport Energy (GPOR), another holding of ours. The two companies have land holdings near each other and it appears, on paper anyways, that PDC might also be in the Utica sweet spot. It will take drilling to confirm it, and that is what we expect in the next few weeks. These shares are a buy on any pullbacks as we have the Utica news coming up and 2013 should see better operating results for the company as midstream capacity picks up and the company is able to produce more in other plays outside of the Utica.

Gulfport Energy had an interesting day on Friday as an analyst at Stifel Nicholas downgraded shares. Rather than being St. Nick, they decided to play the Grinch but we cannot help but wonder why they would switch sides of this trade with all of the recent good news. Sure they only took the shares down to neutral from buy, which allows them to still say they were not bearish but we still believe that $50/share is still the target price for Gulfport shares in 2013. Make no mistake, we understand their worries about the shares rallying from the lows this year to this level, but one has to remember why the shares got that low and how the company has not only resolved those issues but also proven how big the Utica could be for them.-----"

[dan_s]

All of the Sweet 16 should do well whenever we get past the Fiscal Cliff. KOG should report a big jump in production for Q4.

I sure can't understand the downgrade of GPOR. They are really looking good. Their production should rebound from Q3's dip that was caused by hurricane Isaac. In 2013 their production is really going to ramp up as more and more Utica Shale wells are completed.