CLR News and Press, Continental Resources Inc. From 02/18/22

In a story released Friday, the Wall Street Journal discussed the decision for publicly-traded energy producers to "hold back" production, despite "huge profits." The Journal highlighted comments from Pioneer (NYSE:PXD), Devon (NYSE:DVN) and Continental (NYSE:CLR) this week, which priori...

E&Ps, namely the US shale producers, are transforming before investors' eyes. And so far, the market likes it. Oil is down nearly 3%, and E&Ps are the best performing sub-sector in the market, as the transition away from growth and towards shareholder returns accelerates.  Ahead ...

Marathon (NYSE:MRO) reported Q4 results after the close, posting adjusted net income of 77c per share versus street expectations for 56c. Similar to Devon (NYSE:DVN), Continental (NYSE:CLR) and Pioneer (NYSE:PXD), Marathon is prioritizing shareholder returns over production growth in 2022:&#x...

Pioneer (NYSE:PXD) reported Q4 results after the close, showing adjusted earnings of $4.58 in Q4, versus Street expectations for $3.87. Pioneer joins Devon (NYSE:DVN) and Continental (NYSE:CLR) in prioritizing shareholders over production growth: Shareholder returns - declared a "base plus va...

During an IEA energy symposium Wednesday, Chief Birol claimed that "very high oil and gas prices are putting a huge burden on economies ... with these prices there is a great risk that the global economic recovery will be much weaker than thought.\" Birol went on to say that the OPEC+ allianc...

Devon Energy (NYSE:DVN) reported Q4 results after the close, generating $1.39/s of earnings, and beating street estimates of $1.24. Shareholder returns were in focus, as production growth took a back seat:  Returns - the Board increased the buyback program 60% to $1.6b (4.5% of market ca...

Continental Resources, Inc. (CLR) Q4 2021 Earnings Conference Call February 15, 2022 12:00 PM ET Company Participants Rory Sabino - Vice President, Investor Relations Bill Berry - Chief Executive Officer John Hart - Chief Financial Officer & Executive Vice President, Strategic Planning Ja...

Shares of oil producer Continental Resources (NYSE: CLR) tumbled Tuesday , falling by more than 10% at one point during the morning. That sell-off came even though the company posted strong fourth-quarter and full-year results Monday. As of 1:42 p.m. ET, the st...

Continental Resources (CLR -8.7%) plunge as much as 13%, as investors frown on the company's plans to raise FY 2022 spending at roughly the double the rate of its oil production growth. The company will raise spending this year by 47% to $2.3B, higher than the 39% growth expected by analysts,...

Shares of Continental Resources (NYSE: CLR) had slumped more than 10% by 10:30 a.m. ET on Tuesday. The primary issue weighing on the oil company's stock was its outlook for 2022 and beyond, especially in light of falling oil prices today as the tensions between Russia and ...