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CLR - Continental Resources: One Of The Best Oil Stocks Trying To Bottom
Continental Resources Inc.
Continental Resources (CLR) just reported its third-quarter earnings in the midst of a severe downtrend that has cut the value of the company in half since 2018. Third-quarter earnings were strong as the company continued to boost production and efficiencies while lower oil prices pressured the result. The situation still is not perfect, but I expect this stock to bottom as oil prices are stabilizing, thanks to an economy that is starting to send hopeful signs. Source: PR Newswire
Progress Across The Board
Let's start by mentioning that Continental Resources once again beat