CLR News and Press, Continental Resources Inc. From 10/27/20

Shale has huge competition to fill remaining oil demand. Zero cash takeovers for Permian producers is a very bad signal for the rest of the industry. Debt-laden shale companies simply cannot pay down debt at likely demand and prices - a last wave of bankruptcies and takeunders is ...

Cimarex Energy ([[XEC]] +1.8%) is a rare gainer among oil and gas producers today after jumping 7.5% yesterday, as the stock is viewed as a top takeover candidate in the consolidating U.S. shale sector.Stifel analysts see Cimarex as possibly the top remaining target given its free cash flow p...

We recently read Peter Doran’s book, Breaking Rockefeller, which is a fabulous economic history of the world from 1840-1920 and focuses on how the monopoly created by John D. Rockefeller. We also watched a documentary called, “The Social Dilemma”. Jeff Bezos, ...

In what would be continued consolidation in the roughed-up Permian shale space, Concho Resources is up nearly 12% on a report it's near a deal to be acquired by ConocoPhillips.This follows the recent closing of Chevron's purchase of Noble Energy.Checking the Peer page for Concho fin...

Continental Resources To Announce Third Quarter 2020 Results On Thursday, November 5, 2020 Earnings Conference Call Scheduled for Friday, November 6, 2020 at 10:00 a.m. ET PR Newswire OKLAHOMA CITY, Oct. 8, 2020 OKLAHOMA CITY , Oct. 8, 2020 /PRNewswire/ -...

Shares of oil drillers Occidental Petroleum (NYSE: OXY) , Continental Resources (NYSE: CLR) , and Kosmos Energy (NYSE: KOS) tumbled more than 20% in September, according to data provided by S&P Global Market Intelligence . All severely underperformed the S&...

Penn Virginia is a small company operating in a very oil-rich area of the Eagle Ford shale. The company's production is almost entirely oil, which could prove to be a weakness in today's environment. The company is still able to produce profitably even today. It appears to be ...

Insider buying decreased last week. Notable Insider Buys: Continental Resources, Inc., Douglas Emmett, Inc., PBF Energy Inc., Phillips 66 Partners LP, Steelcase Inc. Notable Insider Sells: salesforce.com, inc., BeiGene, Ltd., Paycom Software, Inc., Morningstar, Inc., RealPage, Inc...

QEP is active in some of the most resource-rich basins in the United States and its production is mostly crude oil. The company has taken some steps to preserve its finances and should therefore generate about $100 million in FCF this year. It will take all of this and the cash on...

Diamondback Energy ( FANG ) is a good-sized independent oil and gas exploration and production company operating primarily in the Permian basin. The company focuses on the development of the various shale plays throughout the basin, which has allowed the company to deliver a significant amount...