Continental Resources (CLR) appears to be in decent shape, as it is set to potentially generate a couple hundred million in positive cash flow in 2020 at current strip prices (albeit with significant production declines). It appears able to maintain production and achieve breakeven cashflow at approximately $40 WTI oil in 2021, and also appears able to refinance its upcoming debt maturities with new unsecured debt with moderately higher interest rates.
I estimate that Continental should be worth around $17 to $18 based on a longer-term $45 WTI oil price, with around $4