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CLR News and Press, Continental Resources Inc. From 04/22/20

Stock Information

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

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CLR - Oklahoma regulator to allow oil explorers to shut wells

The Oklahoma Corporation Commission rules in favor of an emergency application from a small oil company to classify unprofitable production as economic waste, enabling producers to maintain leases when output is halted due to low prices. More news on: Devon Energy Corporation, Cimarex En...

CLR - The Trump Administration to Craft a Rescue Plan for the U.S. Oil and Gas Industry

President Trump has instructed the Secretaries of Energy and the Treasury to work together and formulate a plan to save the U.S. oil and gas industry, according to a tweet earlier today. He wants to make funds available to the beaten-down sector so that companies can preserve jobs.  A o...

CLR - Beyond the Negative Headlines: Oil Prices Aren't What They Seem

Oil prices grabbed headlines this week as front-month  oil futures contracts  (i.e., those expiring next) for two key pricing benchmarks crashed and burned on Monday. The May futures contract for West Texas Intermediate (WTI), which is the main U.S. oil price benchmark, cratered t...

CLR - Energy stocks among top premarket losers

Check-Cap (NASDAQ: CHEK )  -54%  on $4M direct offering . More news on: Check-Cap Ltd., Invesco Mortgage Capital Inc., Akazoo S.A., Stocks on the move, , Read more ...

CLR - 3 Jaw-Dropping Statistics Showing COVID-19's Impact on the Oil Market

The COVID-19 outbreak has caused much of the global economy to shut down. That's had an enormous effect on oil demand, as well as pricing. The numbers are truly stunning. Here's a look at several oil market stats that show the pandemic's immense impact on the oil patch. The International...

CLR - Upside In A Down Market: Northeast Gas Dynamics To Advantage Regional Midstream Companies

For investors familiar with the oil and gas sector, it seems logical that a shift in drilling for oil reduces natural gas supply as well. However, getting comfortable with the rest of the logic around demand shifts, balancing wet basin losses with dry basin increases and ultimately delineating...

CLR - Shale Oil Stocks Get Smashed Today by This Bad News

Shares of oil producers with heavy exposure to North America's shale resources are taking it on the chin once again.  Matador Resources  (NYSE: MTDR) ,  Continental Resources  (NYSE: CLR) ,  SM Energy  (NYSE: SM) , and  Vermilion Energy  (NYSE: VET) a...

CLR - Oil names mired in the red following crude swoon

Energy shares (NYSEARCA: XLE ) have slipped to the bottom of the S&P sector standings as WTI crude futures plunge as much as 11% before settling -10.3% to $20.11/bbl ( CL1:COM ), as demand weakness exacerbated by efforts to stem the spread of COVID-19 offsets the production cut agree...

CLR - OPEC+ Finalizes a Historic Agreement to Reduce Oil Supply

Members of OPEC have agreed to partner with several non-member nations on a coordinated effort to stabilize the oil market. Overall, 23 countries -- dubbed OPEC+ -- will slash supplies by 9.7 million barrels per day (BPD) starting in May, according to a report by The Wall Street Journal . That...

CLR - How the OPEC+ Deal Could Impact the Market

In this episode of  Industry Focus: Energy , Nick Sciple and Motley Fool contributor Jason Hall chat about news from the oil industry, answer listeners' questions, and talk about some recession-resistant stocks for your watch list. To catch full episodes of all The Motley Fool's free pod...

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