Kodiak Oil & Gas (KOG): An updated Net Income & Cash Flow Forecast model has been posted under the Sweet 16 Tab.
My Fair Value Estimate went down $0.15/share to $16.25.
I am still using 6X CFPS to value KOG. That is a rather low multiple for a company with this kind of production growth (95% in 2013). They are also getting close to covering their capital expenditures with operating cash flows.
We will update our profile mid-March and I will take a real hard look at the valuation.