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Crude oil prices screamed higher last month. WTI, the leading U.S. oil price benchmark, zoomed 88%, pushing back over $35 a barrel. That big-time bounce back gave several oil producers the confidence to restart oil pumps they idled earlier this year . However, not all oil p...
Oil prices have recovered nicely since the bottom reached in March of just under $17/barrel for WTI. We are currently at over $38/barrel, which is more than double from the lows we saw this year. It is nevertheless not nearly enough to sustain the shale industry overall and we may yet see anot...
Continental Resources (NYSE: CLR ) says it expects to partially begin resuming production in July but still expects to curtail roughly half of its operated oil production. More news on: Continental Resources, Inc., Energy stocks news, Read more ...
OKLAHOMA CITY , June 18, 2020 /PRNewswire/ -- Continental Resources, Inc. (NYSE: CLR) ("Continental" or the "Company") today announced an update on its voluntary production curtailments. Logo - https://mma.prnewswire.com/media/95419/continental_resources_logo.jpg The Company previou...
OKLAHOMA CITY , June 15, 2020 /PRNewswire/ -- Continental Resources, Inc. (NYSE: CLR) ("Continental" or the "Company") today highlighted its longstanding commitment to Environmental, Social and Corporate Governance (ESG) practices and initiatives with the release of its 2019 ESG repo...
Crude oil futures fall ( CL1:COM ), sandwiched by a record build-up in U.S. inventories and the Federal Reserve's gloomy economic outlook; July WTI -8.2% to $36.34/bbl, August Brent -7.2% to $38.72/bbl. More news on: Crude Oil Futures, ONEOK, Inc., Occidental Petroleum Corporation, ...
Shares of U.S.-focused energy and exploration company Penn Virginia Corporation (NASDAQ: PVAC) fell as much as 16% on June 9. Fellow onshore drillers Continental Resources (NYSE: CLR) and Marathon Oil Corporation (NYSE: MRO) fell roughly 13.5% and 11%, respectively, at their lowest p...
OPEC and its non-member partners have agreed to extend the initial rate of their historic production reduction agreement through the end of next month. The group of oil-producing nations will also make up for its shortfall in May as the non-compliant members will...
What Are The Top Oil Stocks To Watch This Week? Oil stocks have been surging recently as investors are anticipating the beaten-down sector to make a comeback. The jump in prices of oil stocks is expected. That’s because WTI, the main U.S. oil price benchmark is up around 50% in one ...
The market has smashed through every resistance line in front of it. The chart has had a series of seemingly formidable barriers that should have taken weeks of grinding to break through to new highs. Yet the seemingly inexplicable power of this rally made them look as ineffectual as the Magi...
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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 ...