KODIAK OIL&GAS (KOG) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of KODIAK OIL&GAS (KOG) from NEUTRAL to UNDERPERFORM on January 06, 2014, with a target price of $10.20.

Kodiak Oil & Gas, headquartered in Denver, is an independent energy exploration and development company focused on exploring, developing and producing oil and natural gas in the Williston and Greater Green River Basins in the U.S. Rocky Mountains. The primary function of the board of directors is therefore oversight – defining and enforcing standards of accountability that enable the CEO and senior management to execute their responsibilities fully and in the interests of the Company's shareholders.

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