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CLR News and Press, Continental Resources Inc. From 06/13/19

Stock Information

Company Name: Continental Resources Inc.
Stock Symbol: CLR
Market: NYSE
Website: clr.com

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CLR - Interest dims in Oklahoma's once-promising shale play - Reuters

The SCOOP and STACK shale plays in Oklahoma once were viewed as potentially the next Permian Basin but drilling results have disappointed , burdened by geology that has proved inconsistent that has made the area a higher-cost U.S. shale area for producers. More news on: Devon Energy Corpo...

CLR - Oil and gas names higher as tanker attacks spark supply fears

Crude oil prices jump as much as 4% following attacks on two oil tankers in the Gulf of Oman, close to the Strait of Hormuz, where more than 30% of the world's shipped oil passes through; currently, WTI  +3% to $52.67/bbl, Brent +2.8% to $61.67/bbl. More news on: Frontline Ltd...

CLR - The SCOOP On Oklahoma And How It's STACKing Up

We interrupt your regularly scheduled Permian update to focus on Oklahoma this week. While easily overlooked by the casual observer, upstream and midstream operators in the SCOOP (South Central Oklahoma Oil Province) and particularly the STACK (Sooner Trend Anadarko Canadian and Kingfisher cou...

CLR - Daily Insider Ratings Round Up 6/10/19

InsiderInsights' Daily Round Up articles rate the "significance" of the top 10 dollar value insider purchases and sales filed at the SEC on the Title date. Dollar value is only the most basic metric to assess the significance of an insider transaction, however, and there are many more "Signifi...

CLR - Here's Why Oil Stocks Are Priced For Armageddon

A year after I predicted the oil price collapse , I suggested that we were at the beginning of the end of the oil age . Both times I was told I was in wrong. In fact, I was told I was crazy. Several years later, here we are, and oil is in the midst of yet another correction. Oil stocks are...

CLR - Portfolio Composition: Short Commodity, Precious Metals; Long Rare Earths, Biotech

According the CME FedWatch tool, Fed Funds futures markets are currently pricing in a 98.5% chance of the Federal Reserve lowering rates at least once this year. Breaking it down further, there is a 31.9% probability of 2 rate cuts and a 35.4% chance of three 25 basis point rate decreases, as ...

CLR - Continental Resources: Separating Itself From The Rest Of The Pack

June is turning out to be a great time for shareholders of Continental Resources ( CLR ). In a rare move among its peers in modern times, the management team at the company announced plans to begin paying quarterly dividends once again. In addition, the company said that its own expectatio...

CLR - Continental Resources: Returning Capital To Shareholders Via Dividends And Share Repurchases

Continental Resources ( CLR ) announced a quarterly dividend of $0.05 per share and a $1 billion share repurchase program, as it is capable of generating a significant amount of positive cash flow at mid-$50s and higher WTI oil prices. If oil drops to $50 for a prolonged period of time thoug...

CLR - Eni VP Andrew Lees to Keynote EnerCom's The Oil & Gas Conference® Aug. 14, 2019

DENVER , June 5, 2019 /PRNewswire/ --  EnerCom is pleased to announce that global oil and gas giant Eni, SpA Vice President Andrew Lees will deliver the keynote luncheon address at EnerCom's The Oil & Gas Conference® on Aug. 14, 2019 . Eni, SpA Eni, SpA (NYSE: E)...

CLR - Continental Resources soars to best gain in two-plus years

Continental Resources ( CLR +14.1% ) rallies to its biggest one-day gain in more than two years after launching a dividend and implementing a $1B stock buyback program; last Friday, the stock closed at its lowest level since September 2017. More news on: Continental Resources, Inc., ...

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