CLR News and Press, Continental Resources Inc. From 06/07/20

It's time to discuss one of the few trades I executed over the past few months. As markets have been volatile, I have been looking for great stocks to buy at good prices. The Oklahoma-based E&G giant Continental Resources ( CLR ) is one of these companies. In this article, I will discuss...

Oil prices are in rally mode today. WTI, the main U.S. oil price benchmark, was up 4.5% to about $39 a barrel by 10:15 a.m. EDT on Friday. Meanwhile, Brent, the global benchmark, surged 5.3% to above $42 a barrel. Fueling the rebound in crude prices was a  report   that OPEC and it...

Crude oil prices ( CL1:COM ) are climbing after OPEC decided to meet Saturday to discuss extending production cuts, indicating that some laggard countries may have agreed to align themselves with the deal. More news on: Crude Oil Futures, Transocean Ltd., Parsley Energy, Inc., Energy sto...

Continental Resources ( CLR ) has reduced drilling activity substantially, and its production will likely decline sharply in the second quarter. The company might report an even bigger loss in Q2-2020 as compared to Q1-2020 and burn cash flows. Things will likely begin to improve from the se...

One of the more costly things in any commodity industry is inconsistency as noted by a tendency to succumb to "this time it is different". Harold Hamm, chairman of Continental Resources (CLR), appears to have succumbed to that habit in order to try to secure above-average profits. The curren...

Continental Resources ( CLR +2.8% ) is urging North Dakota energy regulators to intervene in the oil market through steps such as limiting production or restricting flaring of unwanted natural gas. More news on: Continental Resources, Inc., Energy stocks news, Read more ...

In response to the dramatic decline in oil demand stemming from the COVID-19 pandemic and the resulting price weakness, global oil supply is expected to fall significantly this month, as OPEC+ cuts took effect May 1. Some producers began implementing production cuts early, and Saudi Arabia has...

Shares of independent oil producers are surging on May 18, following word out of China that the country's domestic consumption of oil has recovered much more quickly than expected. According to reports from Bloomberg, refined oil products like gasoline and diesel are being consumed at close to...

Continental Resources, Inc. (CLR) Q1 2020 Earnings Conference Call May 12, 2020, 10:00 AM ET Company Participants Rory Sabino - Vice President Investor Relations and Research Harold Hamm - Executive Chairman William Berry - Chief Executive Officer and Director John Hart - Chief...

Image source: The Motley Fool. Continental Resources Inc   (NYSE: CLR) Q1 2020 Earnings Call May 11, 2020 , 12:00 p.m. ET Operator Continue reading