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CLR News and Press, Continental Resources Inc. From 06/14/22

Stock Information

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

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CLR - Continental Resources jumps on $70/share offer from billionaire owner Hamm (update)

Update 12:13pm: Adds comment from CLR holder Smead Capital. Continental Resources (NYSE:CLR) rose 15% after billionaire Harold Hamm offered to buy the remainder of the shale driller he and his family don't already own for $4.3 billion, or $70/share. The $70 offer represents a 9% premium ...

CLR - DAWN Stock Is in the Spotlight as Day One Announces Common Stock Offering

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Day One Biopharmaceuticals ( DAWN ) stock is gaining on Tuesday despite stock offering news. This is likely due to positive clinical trial results from Monday. The company’s stock is experiencing heavy tra...

CLR - Stock Market Today: Dow Jones, S&P 500 Edge Higher; FedEx Up After Raising Quarterly Cash Dividend

Stock Market Today Mid-Morning Updates On Tuesday, the Dow Jones Industrial Average is up by over 120 points after declining in the last 4 sessions in a row. The S&P 500 for instance, officially closed in bear market territory on Monday, normally defined as a decline of 20% ...

CLR - CLR Stock Jumps 14% on Takeover Proposal From Billionaire Harold Hamm

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Continental Resources ( CLR ) stock is moving on a takeover offer from Harold Hamm. He’s offering $70 in cash for each share of CLR. Hamm is the founder of Continental Resources back when it went by Shelly...

CLR - Hamm's bid for Continental Resources likely too low, may be worth $95/share

Billionaire wildcatter Howard Hamm's $70/share bid for the remainder of Continental Resources (NYSE:CLR) he doesn't already own is likely not a large enough price for the shale driller, according to analysts. CLR shares rose 15%, trading at $73.60, indicating that some investors bel...

CLR - Continental Resources jumps on $70/share offer from billionaire owner Hamm

Continental Resources (NYSE:CLR) rose 7% after billionaire Howard Hamm offered to buy the remainder of the oil company he and his family didn't already own for $70/share. The offer $70 offer represents a 9% premium over Continental's closing price on Monday. The Hamm Family collectively ...

CLR - Continental Resources Announces Receipt of "Take Private" Proposal From Hamm Family

Continental Resources Announces Receipt of "Take Private" Proposal From Hamm Family PR Newswire OKLAHOMA CITY , June 14, 2022 /PRNewswire/ -- Continental Resources, Inc. (NYSE: CLR) today announced that its board of directors (the "Board") has received a ...

CLR - Range Resources: Improving Finances, Dividend Possibility, Attractive Valuation

Range Resources is one of the largest natural gas producers in the United States and one of the few pure-play producers. The high price of natural gas has allowed the company to generate significant free cash flow, which has strengthened its balance sheet. The company has cost adv...

CLR - Revisit Promising Oasis Petroleum After Its Merger

Oasis Petroleum is a $3.5 billion market cap company producing 70,000 BOE/D in 1Q22. It pays a 1.3% fixed dividend but currently a total 3.0% fixed-plus-variable dividend. Bakken-focused Oasis expects to complete a $6 billion merger of equals with fellow Bakken producer Whiting Petrol...

CLR - Exxon surges within a dollar of its all-time closing high as analysts jump in

Exxon Mobil (NYSE:XOM) closed +4.6% in Tuesday's trading to easily breach $100 and reach its highest level in eight years, closing less than a dollar from its all-time closing high of $104.38 set on June 23, 2014. Exxon (XOM) enjoyed some Wall Street love from Evercore ISI, which upgraded the...

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