5 Energy Stocks in Focus

Kodiak Oil & Gas Corp. (AMEX: KOG) recently announced the upsizing and pricing
of its previously announced underwritten public offering of common stock.  The
size of the offering has been increased from 20,000,000 shares of common stock
to 25,000,000 shares of common stock at a public offering price of $5.50 per
share. The company plans to use the net proceeds of the offering to repay debt
outstanding under its revolving credit facility, to fund capital expenditures
related to drilling, development and infrastructure, principally in the Bakken
play located in North Dakota, and for general corporate purposes, including
financing the potential acquisition of oil and gas properties in certain core
areas, such as the Bakken play. Kodiak Oil & Gas Corp. focuses on the
exploration, exploitation, acquisition and production of natural gas and crude
oil in the United States. Northern Oil & Gas Inc. (AMEX: NOG) recently announced
completion of the sale of 8,950,000 shares of its common stock and that the
underwriters exercised their over-allotment option to purchase an additional
1,342,500 shares of Northern Oils common stock in full.  Following the
completion, the company has issued a total of 10,292,500 shares of its common
stock.  The net proceeds from the offering are approximately $200.1 million
after deducting underwriters discounts. Northern Oil & Gas engages in the
acquisition, exploration, exploitation and development of oil and natural gas
properties. Warren Resources Inc. (NASDAQ: WRES) recently announced its third
quarter financial results, with net revenues at $23.1 million, an increase of
41% as compared to $16.4 million in the comparable period previous year. This
increase was primarily due to increased production and higher realized sales
prices for oil and gas in this quarter as compared to the comparable period
previous year. The oil and gas production for this quarter increased 20% to a
record 2.8 billion cubic feet equivalent as compared to 2.4 billion cubic feet
in the comparable period previous year. In this quarter, the company produced
265,000 net barrels of oil and 1.3 billion cubic feet of natural gas as compared
to 226,000 net barrels of oil and 1.0 billion cubic feet of natural gas in the
comparable period previous year. The company reported net income of $4.3 million
for this quarter or $0.06 per diluted share as compared to net income of $2.2
million for the comparable period previous year, or $0.04 per diluted share. The
net income for this quarter decreased by a non-cash, mark-to-market derivative
loss of $2.4 million, or $0.03 per diluted share. Warren engages in the
exploration and development of domestic onshore oil and gas reserves.
GeoResources Inc. (NASDAQ: GEOI) recently announced its third quarter financial
results, with net revenues at $26.9 million as compared to $22.9 million in the
comparable period previous year. The company reported net income of $7.6 million
for this quarter or $0.38 per diluted share as compared to net income of $3.4
million for the comparable period previous year, or $0.21 per diluted share.
This quarter benefited from both increased production and from improved oil and
gas prices. GeoResources engages in the acquisition and development of oil and
gas reserves through an active and diversified program. Resolute Energy Corp
(NYSE: REN) recently announced its third quarter financial results, 2010, with
adjusted revenues at $41.0 million including the effect of realized losses on
derivatives of $0.8 million as compared to f $35.5 million for the comparable
period previous year. The company recorded a net loss of $7.1 million, or
$(0.14) per diluted share as compared to a net loss of $21.4 million, or $(0.43)
per share in the comparable period previous year. The production for this
quarter end was 702 thousand Boe ("MBoe") as compared to 684 MBoe for The
comparable period previous year. Resolute engages in the exploration,
exploitation and development of its oil and gas properties located in Utah,
Wyoming, North Dakota and properties in Alabama and Oklahoma. Disclosure: This
corporate profile is provided for information purposes only and should not be
used as the basis for any investment decision. We are neither licensed nor
qualified to provide investment advice. We were not paid, nor do we hold a
position in these stocks. We reserve the right to buy or sell KOG, NOG, WRES,
GEOI and REN at any time after this post.