136.60 USD  +1.39 (+1.03%)
Streaming Delayed Price  /  Updated: 2:11 PM EDT, Apr 23, 2014  /  Add to My Watchlist      
(CLR) Community Analysis from
April 23, 2014
(Samurai Trader, 9/24/13)
It's too bad I can't do annotated charts on Tuesday, because if there is one begging to be drawn on, CLR is it. It has a nice breakout past 99 a couple of weeks ago, on damn nice volume, but since it never formed a...(read more)
(Samurai Trader, 9/7/13)
We had a lot more gainers than decliners on the leadership list this week, and CLR was the biggest gainer, no doubt helped by the move in crude oil. Last Friday (blue arrow) it was sitting on the...(read more)
(Energy and Capital, 12/5/12)
After tapping a deeper layer of the Bakken, Continental Resources (NYSE:CLR) estimates the formation could hold up to 57% more crude.
Continental Resources (CLR) Company Overview

Continental Resources had its initial public offering in May of 2007 and its stock price has more than tripled since then. Continental's engineers have been using high-end extraction techniques for nearly a decade, giving them an established knowledge of the intricacies of technologies like horizontal drilling - a boon in a market where record-high oil prices have made such expensive techniques cost-efficient. The majority of its reserves - around 77% - are filled with oil[1], giving the company more exposure to oil prices than to natural gas prices, which have also trended upwards, but to a much lesser degree. These reserves, located primarily in the Rocky Mountains, are also mostly unconventional, meaning they can produce well but are dependent on high-cost drilling techniques - risky to hold in the event that oil prices drop, as the company's margins, which have been over 50% for the last three years, would collapse. Continental competes with other onshore E&P companies like Cabot Oil & Gas, XTO Energy, Unit, Forest Oil, Equitable Resources, and Cimarex Energy Co.

(Read more at Wikinvest )

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here