Continental Resources, Inc.

  • Is America Saying Adios to Foreign Oil?

    By Joshua Bondy - August 19, 2013 | Tickers: CLR, KOG, SU

    Change can be an investor's best friend. It gives the most astute investors the chance to find hidden opportunities. In the oil market such a transition is happening right now. China's oil imports are expected to surpass America's as soon as October, 2013. Every day growing U.S. producers are displacing their foreign competition.

    Why Are These Changes Occurring?

    A number of factors are driving down U more »

  • 3 Can't Miss Quotes From the Oil Patch This Week

    By Robert Baillieul - August 14, 2013 | Tickers: CLR, KOG, UNP

    You can learn a lot from company conference calls. Hidden within them are comments foretelling industry trends you don't want to miss. Let's take a look at a few of my favorites from last week and what they mean for investors. 

    Costs are falling in the Bakken

    While rapid production growth takes all of the headlines, one of the more interesting trends is the falling cost of doing more »

  • 4 Things to Know About Continental Resources' Earnings Report

    By Robert Baillieul - August 13, 2013 | Tickers: CHK, CLR

    Bad news for you Bakken bears: Continental Resources (NYSE: CLR) reported stellar second quarter numbers. There were lots of things to like in the conference call - rapid production growth, falling drilling costs, and several new catalysts. But in case you missed it, here are four things you need to know about Continental's earnings report.

    1. The big Bakken bonanza

    Investors have come to expect big production growth numbers from more »

  • Does Canada Even Need Keystone?

    By Robert Baillieul - August 2, 2013 | Tickers: CLR, ENB, TRP

    President Obama's critical comments of TransCanada's (NYSE: TRP) Keystone XL pipeline suggest the chances of the projects's approval are waning. But while America dithers, Canada isn't standing by. With so many options emerging in recent months, Keystone is losing relevance. 

    New options emerging

    While Keystone has been held in political purgatory, Canadian oil producers are securing access to new markets.

    On Thursday, TransCanada gave the green-light more »

  • 3 Attractive Bakken Plays

    By Bret Jensen - July 24, 2013 | Tickers: CLR, EOX, OAS

    As West Texas Intermediate oil prices continue their upward march to $110 a barrel, its seems appropriate to look at some energy plays that should continue to benefit from higher oil prices as well as increasing production levels. Today let's focus on some fast growing E & P concerns in the Bakken shale region which has gone from producing just over 100,000 barrels of oil/day to over 700 more »

  • Oil and Gas Companies Expanding to Meet Rising Demand

    By Madhukar Dubey - July 16, 2013 | Tickers: COG, CLR, DVN

    The worldwide oil and gas exploration and production industry is expected to grow by 3% this year to $4.5 trillion. According to the Energy Information Administration, global demand for oil will grow by 0.9 million barrels per day this year and 1.2 million barrels per day in 2014. To meet this increasing demand, companies in the industry are adopting new technology to increase their production, mainly by more »

  • This Revamped Energy Firm Is a Buy

    By Sarfaraz Khan - June 8, 2013 | Tickers: CLR, HES, STO

    Hess' (NYSE: HES), four-month battle with billionaire Paul Singer’s Elliott Management has finally come to an end with the most dramatic change in the oil company’s board in its 80-year history. A total of nine of the 14 board members are being replaced with new ones, which also includes three out of five of Paul Singer’s nominees.  

    In return, Elliot Management, the second-largest shareholder in Hess, will more »

  • Will the Bakken Deliver on Its Promise?

    By Bob Chandler - May 30, 2013 | Tickers: CLR, HES, KOG, NOG

    The use of hydraulic fracturing, or "fracking," has helped the U.S. return to being a top oil and gas producer. As production amounts have soared, the general expectation is that we are now on the way to being an energy powerhouse. But is this realistic? The Bakken shale play will be an excellent test case. It is one of the linchpins for the hopes of U.S. energy dominance more »

  • Smart Money Is Buying This Stock

    By Mark Yagalla - May 30, 2013 | Tickers: CLR, HES, OXY

    Hess (NYSE: HES) is one stock that several hedge funds have in their portfolio. In the latest 13F filings, it was seen that the stock is in the portfolio of Michael Price's MFP Investors, David Einhorn's Greenlight Capital, David Tepper's Appaloosa Management, John Paulson's Paulson & Co., Richard Perry's Perry Corp., and Paul Singer's Elliott Management. Elliott Management has been the most aggressive of the more »

  • Einhorn Favors These 2 Opportunistic Stock Ideas

    By Anh HOANG - May 22, 2013 | Tickers: CLR, HES, OIS

    In the first quarter of 2013, David Einhorn, the famous hedge fund manager, initiated long positions in six new stocks, bringing total assets under management to more than $6.5 billion. He is getting bullish about two oil/gas companies, including Oil States International (NYSE: OIS), Hess (NYSE: HES), Should we follow Einhorn into these two companies? Let's find out.

    Oil States -- a 50% potential upside

    Oil States was more »

  • Fracking Just Keeps on Growing: The Three Forks Edition

    By Joshua Bondy - May 6, 2013 | Tickers: CLR, EOG, XOM, KOG

    The United States Geological Survey recently reviewed earlier studies of the Bakken and Three Forks formations. Three Forks is below the Bakken formation and continued improvements in fracking are opening up these harder to reach areas. The latest government findings have a mean estimated resource of 7.4 billion barrels (BBO) of undiscovered and technically recoverable oil; a serious boost from the earlier 2008 estimate of 3.65 BBO. With more »

  • Billionaire Ken Griffin’s Citadel Owns Almost 5% of This Energy Company

    By Meena Krishnamsetty - May 2, 2013 | Tickers: CRZO, CLR, KOG, NOG, OAS

    Citadel Investment Group, managed by billionaire Ken Griffin and his team, has filed a 13G with the SEC disclosing a position of 1.9 million shares in Carrizo Oil & Gas (NASDAQ: CRZO). Carrizo Oil & Gas is a $1 billion market cap exploration and production company focused on shale plays including the Eagle Ford, Niobrara, and Utica. We track quarterly 13F filings from Citadel and other hedge funds, which we primarily more »

  • This Integrated Energy Company Is Still Cheap

    By Anh HOANG - April 11, 2013 | Tickers: CLR, HES, OAS

    Recently, Hess (NYSE: HES) agreed to sell its Russian subsidiary Samara-Nafta to Lukoil for more than $2 billion. This deal is a part of ongoing business restructuring to focus on Hess’s core business of crude exploration and production. From the beginning of the year, Hess has risen significantly by nearly 33.5% to nearly $72 per share. I personally think that with the great assets that Hess owns right more »

  • This Integrated Energy Company is Still Cheap

    By Anh HOANG - April 8, 2013 | Tickers: CLR, HES, OAS

    Recently, Hess Corp (NYSE: HES) has agreed to sell its Russian subsidiary Samara-Nafta to Lukoil for more than $2 billion. This deal is a part of the ongoing business restructures to focus on Hess’s core business of crude exploration and production. From the beginning of the year, Hess has risen significantly by nearly 33.5% to nearly $72 per share. I personally think that with the great assets that more »

  • Insiders Are Bullish About This Energy Company

    By Meena Krishnamsetty - March 29, 2013 | Tickers: CLR, EOG, KOG, NOG, WLL

    Continental Resources (NYSE: CLR), one of the leading shale oil producers with a strong position in North Dakota’s Bakken Shale, has been in the news recently as company founder and CEO, Harold Hamm’s wife has filed for divorce. The stock price fell on reports that she could receive, and then presumably sell, a large amount of stock, possibly even threatening Hamm’s majority ownership of the $16 billion more »

  • Looking for Growth? Don't Ignore North Dakota Oil

    By Joshua Bondy - March 20, 2013 | Tickers: CLR, HAL, WLL

    America is dealing with high unemployment and a nasty economy, but North Dakota is walking down a different path. The development and growth of the Bakken formation has given a major boost to the state's crude oil production and super-charged its economy. There are a different ways to invest in this growth story, and a number of small oil firms offer good exposure to the formation. 

    <img alt="" src="http://media.ycharts.com/charts/5aabdb87755b0c8d2363856ae95e64ce.png" />

    North Dakota Crude more »

  • 2 Bakken Beauties and One with Warts

    By Robert Zimmerman - March 20, 2013 | Tickers: CLR, EPD, KOG

    The US continues to strive towards energy independence, and the Bakken shale figures prominently in that goal. Investing in the Bakken shale by no means guarantees returns. Drilling in this shale is expensive and not all exploration companies turn a profit. Below are examples of success and struggle in Bakken shale energy production and an alternative, safer investment in the Bakken play.

    Revenues, earnings and capital gains, I like it more »

  • Buy This Oil & Gas Stock Now And Ride It Higher By 2014

    By Jordo Bivona - March 8, 2013 | Tickers: CLR, KOG, PSX

    Kodiak Oil & Gas (NYSE: KOG) has shown excellent growth in production and revenue, though growth in earnings has not been commensurate. I will examine Kodiak as an investment in the context of the company's recently announced preliminary operational data. 

    Preliminary operational data for fiscal 2012

    Kodiak operates primarily in the Williston Basin of North Dakota. The company has announced preliminary unaudited operational data for the fiscal year ended Dec more »

  • Be Cautious on the Fracking Boom

    By Bob Chandler - March 8, 2013 | Tickers: CLR, EOG, RRC

    The oil & gas industry has a tendency to go into mini-booms. Often things look very promising and money enthusiastically flows into the space. Unfortunately, in many cases, things don't quite meet expectations and investors suffer. The latest mini-boom in the industry seems to center around "fracking." This extraction technique has certainly increased the accessible amount of U.S. oil and gas, but one might be wary in assuming that more »

  • Is This Oil & Gas Stock Heating Up?

    By Austin Higgins - March 5, 2013 | Tickers: CLR, KOG, WLL

    Kodiak Oil and Gas (NYSE: KOG) announced its quarterly earnings on Feb. 28. The dust has settled on its lower-than-expected earnings report, and now it is time to look at this company from a future perspective. What can we expect from Kodiak in the future?

    2012 earnings review

    • Kodiak posted $130.8 million in Q4 revenue, which is a 16% increase from Q3. Annual revenue was $408.7 million, which more »
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