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Continental Resources ( CLR -0.1% ) and Concho Resources ( CXO -0.1% ) are little changed even as Citigroup downgrades shares of both companies to Neutral from Buy on valuation, with the firm cutting its price target for CLR to $35 from $55 and for CXO to $81 from $119. More news on: C...
The Drilling Productivity Report produced from the EIA uses recent data on the total number of drilling rigs in operation along with estimates of drilling productivity and estimated changes in production from existing oil and natural gas wells to provide estimated changes in oil and na...
Oasis Petroleum ( OAS ) appears to have been unduly punished for outspending cash flow. However, with the expectation of becoming cash flow positive in the second half of the year, a reserve value that far outweighs its market capitalization, and other indications of a bargain, energy investor...
U.S. WTI October crude oil (NYSEARCA: USO ) settled -5.7% to $59.34/bbl, near its lows of the day following news that Saudi energy minister bin Salman said oil production capabilities were fully restored and that oil output will return to pre-attack levels by the end of this month . ...
Oil prices are cooling off today after Monday's historic rally . Crude was down about 5% at 10:45 a.m. EDT on Tuesday, after spiking 15% on Monday, which caused oil stocks to go ballistic . Unsurprisingly, today's decline in the price of crude is causing energy stocks to give back some...
By now you've heard the news : Over the weekend, Saudi Arabia's oil industry suffered crippling attacks from drones alleged by some to have been launched by Houthi fighters in Yemen -- and alleged by others to have been sponsored by Iran. Saudi Arabia temporarily shut down about half its daily...
Major U.S. shale producers such as Pioneer Natural Resources (NYSE: PXD ) say they are not planning to fill the void in global crude supplies left by the attack on Saudi oil facilities. More news on: Pioneer Natural Resources Company, Continental Resources, Inc., Centennial Resource Deve...
Yuma Energy (NYSEMKT: YUMA ) +91% as Oil and gas names up big after Saudi strike. More news on: Yuma Energy, Inc., Alder BioPharmaceuticals, Inc., SemGroup Corporation, Stocks on the move, , Energy stocks news Read more ...
Shares of most energy companies tumbled in August, including those of leading U.S. oil and gas producers ConocoPhillips (NYSE: COP) , Continental Resources (NYSE: CLR) , and EOG Resources (NYSE: EOG) . All three lost more than 10% of their value last month, according to data provided ...
Crude oil prices plunge ( USO -3.7% ), hit by rising OPEC and Russian oil production as well as the protracted U.S.-China trade dispute; October WTI -4% to $52.87/bbl, Brent -2.3% to $57.28/bbl. More news on: The United States Oil ETF, LP, Buckeye Partners, L.P., Equinor ASA, Ener...
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Continental Announces Expiration of Tender Offer Period for Outstanding Shares PR Newswire Completion of Previously Announced Merger and Going Private Transaction Expected Later Today OKLAHOMA CITY , Nov. 22, 2022 /PRNewswire/ -- Continental R...
CONTINENTAL RESOURCES ANNOUNCES 3Q22 RESULTS PR Newswire OKLAHOMA CITY , Nov. 2, 2022 /PRNewswire/ -- Strong 3Q22 Results • $2.22 B Cash Flow from Operations (CFO) & $1.01 B Free Cash Flow (FCF) (Non-GAAP) •...
CONTINENTAL RESOURCES TO ANNOUNCE THIRD QUARTER 2022 RESULTS ON WEDNESDAY, NOVEMBER 2, 2022 PR Newswire OKLAHOMA CITY , Oct. 25, 2022 /PRNewswire/ -- Continental Resources, Inc. (NYSE: CLR) (the "Company") plans to announce third quarter 2022 results and ...