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CONTINENTAL RESOURCES INC (CLR) [hlAlert]

Rating:
Buy CLR
down 8.77 %

CONTINENTAL RESOURCES INC (CLR) rated Buy with price target $90 by Dahlman Rose

Posted on: Monday,  Apr 9, 2012  8:25 AM ET by Dahlman Rose

Dahlman Rose rated Buy CONTINENTAL RESOURCES INC (NYSE: CLR) on 04/09/2012. Previously Dahlman Rose rated Buy CONTINENTAL RESOURCES INC (NYSE: CLR) on
12/19/2011., when the stock price was $32.47. Since then, CONTINENTAL RESOURCES INC has lost 8.78% as of 01/15/2016's recent price of $29.62.
If you would have followed the previous Dahlman Rose's recommendation on CLR, you would have lost 8.77% of your investment in 1488 days.

Continental Resources, Inc. is an independent oil and natural gas exploration and production company with operations in the Rocky Mountain, Mid-Continent and Gulf Coast regions of the United States. The Company focuses on exploration activities in new or developing plays that provide it the opportunity to acquire undeveloped acreage positions for future drilling operations. During the year ended December 31, 2008, 70% of its reserves were located in the Rocky Mountain region. During 2008, the Company acquired 20 square miles of 3-D seismic on Chicago/Norad project. Its wholly owned subsidiary is Banner Pipeline Company, L.L.C.

Since the Firm’s inception, the Dahlman Rose Research team has been dedicated to providing our institutional client base with differentiated research calls and actionable investment ideas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/9/2012 8:25 AM Buy
None
41.31 45.00
as of 12/31/2012
1 Week up  0.87 %
1 Month up  6.97 %
3 Months down  -4.43 %
1 YTD up  10.16 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/19/2011 8:25 AM Buy
None
32.47 37.50

(*) Stock Price at the time of the recommendation.
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