- Continental Resources reported record financial performance in terms of pretty much any relevant metric.
- The company's financial performance was driven by the strong oil price environment, which has more than recovered from the 2020 crash.
- The company appears likely to take advantage of today's high prices and return to growth in 2022 while still maintaining a very high FCF.
- The company's ROCE exceeds that of peers and of the market as a whole, which should set shareholders up for strong returns.
- The stock looks significantly undervalued at today's price.
For further details see:
Continental Resources: Amazing Results And Forward Growth Potential