Sector Outperform $58
CONTINENTAL RESOURCES INC (NYSE: CLR) upgraded to Sector Outperform with price target $58 by Scotia Howard Weil
Scotia Howard Weil upgraded CONTINENTAL RESOURCES INC (NYSE: CLR) to Sector Outperform with
price target $58. Previously Scotia Howard Weil rated Sector Perform with price target $50 CONTINENTAL RESOURCES INC (NYSE: CLR) on 02/02/2015, when the stock price was $46.09.
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.
Scotia Howard Weil