Oil & Gas Drilling & Exploration Front Runners: SandRidge Energy Inc. (NYSE:SD), Kodiak Oil & Gas Corp (USA) (NYSE:KOG)

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Today we have chosen the Oil & Gas Drilling & Exploration volume active stocks, which gained trader’s attention. Both the big giants have issued their financial results for the fourth quarter of 2012, our focus is on SandRidge Energy Inc. (NYSE:SD) and Kodiak Oil & Gas Corp (USA) (NYSE:KOG).

SandRidge Energy Inc. (NYSE:SD) has updated regarding the financial as well as operational results for the 4th quarter and year ended December 31, 2012. The main financial highlights of the 4th quarter included Adjusted EBITDA remained $318 million for Q4 – 2012, versus $175 million inQ4-2011. For fourth quarter 2012, Operating cash flow remained $259 million, versus $154 million in the equivalent period of 2011. For 4th quarter period of 2012, Net loss related to common stockholders was $0.63 for each diluted share or totaled $302 million, from net loss related to common stockholders of $0.97 for each diluted share or totaled $389 million in 4th quarter period of 2011.

For How Long SD’s Gloss will Attract Investors? Find out via this report

SandRidge Energy Inc. (NYSE:SD) gained volume of 11.90 million shares and the average volume remained 12.72 million shares. Yesterday, the stock grew+ 4.74%.

Kodiak Oil & Gas Corp (USA) (NYSE:KOG) has reported the financial results for the quarter ended and year ended December 31, 2012. For the Q4 ended December 31, 2012, KOG has updated oil and gas sales of totaled $130.8 million, from $55.0 million in the Q4 of 2011, a boost of +138%. Oil and gas sales remained totaled $408.7 million for the 12 month period ended December 31, 2012, from totaled $120.0 million for 12 month period ended December 31, 2011, showed an increase of +241%.

For How Long KOG will Fight for Profitability? Read This Trend Analysis report

Kodiak Oil & Gas Corp (USA) (NYSE:KOG) was a hot stock and exchanged 5.57 million shares and the average volume remained 5.60 million shares. The stock advanced slightly +0.78% and finished the session at $9.09.

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