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It's time to discuss one of the few trades I executed over the past few months. As markets have been volatile, I have been looking for great stocks to buy at good prices. The Oklahoma-based E&G giant Continental Resources (CLR) is one of these companies. In this article, I will discuss the company's low-cost profile, COVID-19 measures, its balance sheet, and my expectations going forward.
Source: PR Newswire
Tough Times Require Tough Measures
On November 11, 2019, I wrote that Continental Resources was one of the best oil plays working on a bottom.