CLR News and Press, Continental Resources Inc. From 07/25/22

EQT is the largest producer of natural gas in the United States, boasting a substantial position in the Marcellus and Utica natural gas plays. The company is on track to see its free cash flow surge over the next few years as its hedges fall away and realized pricing increases. Th...

At Smead Capital Management, we are stock market investors. We advise investors that fear stock market failure through a low-turnover, differentiated value discipline seeking wonderful companies to build wealth. The Smead Value Fund (SMVLX) fell sharply in absolute terms losing 13.33%...

CONTINENTAL RESOURCES TO ANNOUNCE SECOND QUARTER 2022 RESULTS ON THURSDAY, JULY 28, 2022 PR Newswire OKLAHOMA CITY , July 13, 2022 /PRNewswire/ -- Continental Resources, Inc. (NYSE: CLR) (the "Company") plans to announce second quarter 2022 results and fi...

Enerplus is one of the few Canadian independents with substantial operations in the United States. The company produces a relatively balanced mix of crude oil and natural gas, which is quite nice to see given the fundamentals of each of these products. Enerplus is returning about ...

Commodities from oil to copper plunged in May and June. The move may have been overdone. 2 ways to catch a rebound. Not quite merger arbitrage Here are two of my current favorite pre-arbitrage opportunities. Both stocks face substantial headwinds as their relevan...

PHX Minerals is one of the more interesting companies in the oil and gas space, as the firm acts somewhat like a royalty trust. The company has a great deal of unused acreage, which could be dragging on its potential. The company's heavy exposure to natural gas is quite nice consi...

Marathon Oil Corporation has paid down over $1 billion in debt. Dividends are small, but it is repurchasing shares as part of returning +50% of cash flow from operations 1Q22. This $14.6 billion market-cap company produces significant oil volumes from the North Dakota Bakken. Improved...

Callon Petroleum ( NYSE: CPE ) +2.8% and Centennial Resource Development ( NASDAQ: CDEV ) +1.7% in Wednesday's trading as RBC Capital upgraded both names to Outperform from Sector Perform with respective $75 and $11 price targets, citing relative valuati...

Continental is generating large amounts of free cash flow and is improving its balance sheet, giving the company a strong position if oil prices remain high. Continental may leverage its improved financial position to try and expand its inventory of tier-1 acreage. This is likely to b...

Abraxas Petroleum is a delevered nanocap company. This pure-play Permian/Delaware Exploration & Production Company emerged from a pre-arranged bankruptcy on January 2, 2022. A conservative deal outlook would provide investors with an expected aggregate return of 25%. AXAS offe...