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After tapping a deeper layer of the Bakken, Continental Resources (NYSE:CLR) estimates the formation could hold up to 57% more crude.

After reporting a 90% plummet in third quarter profits, Continental Resources (NYSE: CLR) is hoping to turn things around with asset sales and a Bakken purchase...

Bakken producer Continental Resources (NYSE: CLR) has released a five-year plan that includes increased production...

Courtesy of Benzinga. The energy law firm of Burleson LLP announced today that it represented Wheatland Oil, Inc. in a $340 million transaction to sell assets in the Bakken shale play to Continental Resources, Inc. (NYSE: CLR). In connection with [...]

CLR is another one I am watching for a possible entry tomorrow. It was fairly late to the new highs list, but I did notice it moving early. The chart itself is not terribly strong, but this is one if the stronger commofity names, bith technically and fundamentally. I'm not too anxious to pull the trigger due to the lackluster market we are in inow, but when commodity stocks start to move, it usually lasts a while.

MKM Partners has a $61 price target and a Buy rating on Continental Resources, Inc. (NYSE: CLR) after it reported earnings. In a note to clients, MKM writes, "Continental's operating and financial results were largely in line with our expectations, as EPS of $0.37 fell just short of our $0.41 due to higher-than-forecasted non-cash expenses that led CFPS of $1.15 to exceed our $1.04 expectation. Continental posted very impressive sequential production growth of 7% in 3Q10, as production of...

Continental Resources Inc. (NYSE: CLR) reports Q3 earnings of $0.42 versus consensus of $0.39. Continental Resources Inc. reports revenues of $ million versus consensus of $250.47 million. A third quarter 2010 impairment charge and $36.6 million unrealized loss corrected diluted EPS lower to $0.23 per share. Oil and natural gas sales were $238.8 million for the third quarter of 2010. Continental's average realized crude oil price was $67.26 per barrel in the third quarter of 2010, while...

Continental Resources, Inc. (NYSE: CLR) reiterated its 2010 guidance, initiated its 2011 guidance, and updated is operations ahead of its 2010 analyst day (10/12/10). Wells Fargo Securities view the release as generally positive, with a strong ops update highlighted by Continental's initial EcoPad test, as well as its best Anadarko Woodford test to date. “Guidance was largely neutral versus our estimates, although we suspect the Street will like the 30% initial production guidance for...

Shares of Continental Resources, Inc. (NYSEL CLR) are higher on the session by 2.32%, currently trading at $50.64. The stock has been moving largely higher over the past six weeks, though is now nearing historical resistance around $50.00. Options traders are betting on further upside for CLR. Although action ahs been exclusively in small lots, overall call volume is now running at 3.75x the daily average with 84% of all calls traded being purchases on the offer. Traders are buying the...

J.P.Morgan Chase & Co. cut the price target on Continental Resources, Inc. (NYSE: CLR) to $50.50 from $59.50, due to lower production estimates and higher costs in 2010 and 2011. In the research note, J.P. Morgan states, "We are establishing a Dec 2011 PT of $50.50 (down from a $59.50 Dec 2010 PT) based on our updated NAV. In our new NAV we incorporated recent company guidance on acreage and costs. The stock is trading at 87% of estimated NAV, higher than the coverage group median of 77%...

Pritchard Capital is out with its Morning Intelligence research report this morning. In the report, it covers Continental Resources, Inc. (NYSE: CLR), Anadarko Petroleum Corporation (NYSE: APC), EnergySolutions, Inc. (NYSE: ES), National-Oilwell Varco, Inc. (NYSE: NOV), and Bronco Drilling Company, Inc. (NASDAQ: BRNC). In the report, Pritchard Capital says Continental Resources internal proved reserves are up 21%. Pritchard Capital says Anadarko Petroleum's Owo sidetrack strike...

Those of us whose home position is to be frugal need to examine our behaviour sometimes to see if it makes sense, such as when I decided that mouse traps are disposable. This time I look at humidifier pads. I have the type of humidifier that attaches to the furnace and forces air to flow through a water-soaked pad. This pad seems to be made mostly of metal and a residue from the evaporated water builds up over time. For many years I didn’t realize that it was normal to buy replacement...

Continental Resources, Inc. (NYSE: CLR) Financial statement data is based on the company’s latest 10-K filing dated December 2007. What They Do Continental Resources, Inc. operates as a crude oil concentrated, independent oil and natural gas exploration and production company. The company engages in the exploration, acquisition, exploitation, development, and production of oil and natural gas properties and has operations primarily in the Rocky Mountain, Mid-Continent, and Gulf Coast...