CLR News and Press, Continental Resources Inc. From 09/03/19

Crude oil prices plunge ( USO -3.7% ), hit by rising OPEC and Russian oil production as well as the protracted U.S.-China trade dispute; October WTI -4% to $52.87/bbl, Brent -2.3% to $57.28/bbl. More news on: The United States Oil ETF, LP, Buckeye Partners, L.P., Equinor ASA, Ener...

Exxon Mobil ( XOM ) reiterates support for the direct regulation of methane emissions for new and existing oil and gas facilities, following the Trump administration's move to roll back regulations on methane. More news on: Exxon Mobil Corporation, Royal Dutch Shell plc, Royal Dutch Shel...

Continental Resources ( CLR ) has recently reported a dip in earnings in its latest quarterly results and further weakness in prices will put additional pressure on the Oklahoma-based company’s income in the future. However, Continental Resources is a low-cost operator which will like...

Crude oil prices plunge after China unveils new tariffs on $75B worth of U.S. goods, including a 5% tariff on U.S. crude imports beginning Sept. 1; WTI -2.3% to $54.05/bbl, Brent -1.6% to $58.96/bbl. More news on: The United States Oil ETF, LP, SPDR S&P Oil & Gas Explorati...

Continental Resources ( CLR ) is expecting slightly higher production in 2019 now, with no change to its $2.6 billion capital expenditure budget. It has also made progress in trimming its costs slightly. However, wider differentials for natural gas (affected by prices for NGLs since it repor...

As my followers know, I consider ConocoPhillips ( COP ) to be a top-tier energy company due to its high-quality low-cost diversified portfolio, excellent management team, and the company's flexible and analytics-based cash-allocation strategy. But above all, what sets COP apart from the majo...

Energy stocks ( XLE -3.6% ) suffer a beating alongside plunging crude oil prices after global demand fears were revived by weak economic data from China and Europe and an unexpected build in U.S. crude inventories . More news on: Energy Select Sector SPDR ETF, Exxon Mobil Corporation,...

Marathon Oil Corporation ( MRO ) is executing well by focusing operations, controlling its budget, and buying back shares to provide investor return. It is producing 218,000 barrels per day ((BPD)) of oil and condensate, most from four U.S. fields. Its total production is 435,000 BOE/D, of whi...

OPEC and U.S. shale producers should cut crude oil production and spending into an oversupplied market, Continental Resources (NYSE: CLR ) CEO Harold Hamm said today at the EnerCom energy conference in Denver. More news on: Continental Resources, Inc., Energy stocks news, Read m...

Hello. I am Tortoise Managing Director and Portfolio Manager Rob Thummel with this week’s Tortoise QuickTake podcast . Last week, investors debated how President Trump’s tweet suggesting China is manipulating its currency would impact the U.S. and China trade war. It ended up ...