CLR News and Press, Continental Resources Inc. From 01/16/19

The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3x Shares ETF ( GUSH ) has been on a roll, as shares are up about 100% from the lows recently set in December of 2018. Normally, a move up like this would require investors to ring the register for fear of watching a 100% gain evap...

Continental Resources ( CLR ) weathered challenging transport limits in the Bakken that Permian producers now face. It also made an inspired decision not to hedge oil prices and so received a relatively high oil price throughout 2018. Long-term the Bakken is a smaller basin with fewer oil re...

Concho Resources' ( CXO ) stock price has been hammered along with the rest of E&Ps due to falling oil prices and fears of a slowing global economy, particularly in emerging markets. However, companies like CXO are lowering their breakevens by moving to manufacturing mode and are doing s...

The low oil price environment helped to shape the US shale oil and gas industry into a leaner, meaner machine is what the general investment community consensus has become. It's the simple theory of hardships and adversity helping weed out the weak, strengthen the already stronger ones and whi...

Crude oil prices, caught up in the wider weakness of the financial markets, are staging a recovery today amid perceptions that the recent slide may have been overdone: WTI  +6.1% to $45.11/bbl, Brent +4.8% to $52.91/bbl. More news on: Exxon Mobil Corporation, Chevron Corporation,...

U.S. crude oil futures plunged below $43/bbl for the first time since June 2017 , with February WTI settling -6.7% to $42.53/bbl and declining in tandem fall in line with another precipitous drop across global stock markets. More news on: Exxon Mobil Corporation, Chevron Corporation, Ro...

There are two common investing themes that come to mind when listening to our second Marketplace Roundtable podcast, with Kirk Spano . First, there's the point Spano makes about passive and algorithmic investing. His core four investing for Margin of Safety Investing approach combines the f...

The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3x Shares ETF ( GUSH ) has been an active winner for us, as we have traded in and out of the volatility for quick gains. However, even with those smaller trades to boost portfolio return, investors with a core position in GUSH ar...

North Dakota's oil production averaged 1.39M bbl/day in October, up nearly 32.6K bbl/day from September and setting another monthly production record , the North Dakota Pipeline Authority reports. More news on: Continental Resources, Inc., Whiting Petroleum Corporation, Hess Corporation, ...

Continental Resources ( CLR ) has been able to generate a large amount of cash in 2018 and was expected to generate more than $1 billion in positive cash flow in 2019 at mid-$60s oil. From running the numbers at lower oil prices, it appears capable of still generating close to $400 mill...