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CONTINENTAL RESOURCES INC (CLR) [hlAlert]

Rating:
Buy CLR
down 41.76 %

CONTINENTAL RESOURCES INC (CLR) rated Buy with price target $50 by Stifel

Posted on: Tuesday,  Dec 23, 2014  8:25 AM ET by Stifel

Stifel rated Buy CONTINENTAL RESOURCES INC (NYSE: CLR) on 12/23/2014. Previously Stifel rated Buy CONTINENTAL RESOURCES INC (NYSE: CLR) on 09/11/2013.,
when the stock price was $50.86. Since then, CONTINENTAL RESOURCES INC has lost 41.76% as of 01/15/2016's recent price of $29.62.
If you would have followed the previous Stifel's recommendation on CLR, you would have lost 41.76% of your investment in 856 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.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/23/2014 8:25 AM Buy
None
38.77 50.00
as of 10/17/2014
1 Week down  -1.76 %
1 Month down  -26.43 %
3 Months down  -25.76 %
1 YTD down  -0.85 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/11/2013 8:25 AM Buy
None
50.86 57.50

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