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CLR News and Press, Continental Resources Inc. From 09/23/19

Stock Information

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

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CLR - Continental Resources, Concho cut at Citigroup on valuation

Continental Resources ( CLR -0.1% ) and Concho Resources ( CXO -0.1% ) are little changed even as Citigroup downgrades shares of both companies to Neutral from Buy on valuation, with the firm cutting its price target for CLR to $35 from $55 and for CXO to $81 from $119. More news on: C...

CLR - 'Drill Baby Drill' Or A Closer Look At US Onshore Drilling Productivity

The Drilling Productivity Report produced from the EIA uses recent data on the total number of drilling rigs in operation along with estimates of drilling productivity and estimated changes in production from existing oil and natural gas wells to provide estimated changes in oil and na...

CLR - Oasis Petroleum Parched But Could Come Back

Oasis Petroleum ( OAS ) appears to have been unduly punished for outspending cash flow. However, with the expectation of becoming cash flow positive in the second half of the year, a reserve value that far outweighs its market capitalization, and other indications of a bargain, energy investor...

CLR - Saudi energy minister says oil output to return to normal by end-September

U.S. WTI October crude oil (NYSEARCA: USO ) settled -5.7% to $59.34/bbl, near its lows of the day following news that Saudi energy minister bin Salman said oil production capabilities were fully restored and that oil output will return to pre-attack levels by the end of this month . ...

CLR - Why Oil Stocks Are Falling Back Down to Earth Today

Oil prices are cooling off today after Monday's historic rally . Crude was down about 5% at 10:45 a.m. EDT on Tuesday, after spiking 15% on Monday, which caused  oil stocks to go ballistic . Unsurprisingly, today's decline in the price of crude is causing energy stocks to give back some...

CLR - Why Large-Cap Oil Stocks Like ConocoPhillips Surged on Monday

By now you've heard the news : Over the weekend, Saudi Arabia's oil industry suffered crippling attacks from drones alleged by some to have been launched by Houthi fighters in Yemen -- and alleged by others to have been sponsored by Iran. Saudi Arabia temporarily shut down about half its daily...

CLR - Pioneer Natural plans to show financial discipline after Saudi attack

Major U.S. shale producers such as Pioneer Natural Resources (NYSE: PXD ) say they are not planning to fill the void in global crude supplies left by the attack on Saudi oil facilities. More news on: Pioneer Natural Resources Company, Continental Resources, Inc., Centennial Resource Deve...

CLR - Energy sector dominates premarket gainers

Yuma Energy (NYSEMKT: YUMA ) +91%  as Oil and gas names up big after Saudi strike. More news on: Yuma Energy, Inc., Alder BioPharmaceuticals, Inc., SemGroup Corporation, Stocks on the move, , Energy stocks news Read more ...

CLR - Why Oil Stocks Got Crushed in August

Shares of most energy companies tumbled in August, including those of leading U.S. oil and gas producers ConocoPhillips (NYSE: COP) , Continental Resources (NYSE: CLR) , and EOG Resources (NYSE: EOG) . All three lost more than 10% of their value last month, according to data provided ...

CLR - U.S. crude adds to August decline on heightened fears of global recession

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...

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