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down 21.53 %

CONTINENTAL RESOURCES INC (CLR) rated Outperform with price target $103 by Barrington Research

Posted on: Monday,  May 28, 2012  8:25 AM ET by Barrington Research

Barrington Research rated Outperform CONTINENTAL RESOURCES INC (NYSE: CLR) on 05/28/2012. Previously Barrington Research rated Outperform CONTINENTAL RESOURCES INC (NYSE: CLR) on
05/25/2012., when the stock price was $37.75. Since then, CONTINENTAL RESOURCES INC has lost 21.54% as of 01/15/2016's recent price of $29.62.
If you would have followed the previous Barrington Research's recommendation on CLR, you would have lost 21.53% of your investment in 1330 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.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/28/2012 8:25 AM Buy
38.79 51.50
as of 12/31/2012
1 Week up  0.87 %
1 Month up  6.97 %
3 Months down  -4.43 %
1 YTD down  -5.27 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/25/2012 8:25 AM Buy
37.75 51.50

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