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Stock Market & Financial Investment News

News Breaks
December 3, 2012
07:42 EDTCLRContinental Resources upgraded to Buy from Hold at Stifel Nicolaus
Stifel upgraded Continental Resources based on valuation and upcoming catalysts from Bakken and Three Forks. Price target is $83.
News For CLR From The Last 14 Days
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July 1, 2015
18:20 EDTCLRShell CEO says Opec production has pressured shale companies, FT reports
In an interview with the Financial Times, Shell (RDS.A, RDS.B) CEO Ben van Beurden said Opec's decision not to cut production has sent a "powerful signal... to shale oil companies as well as their financiers that they cannot forget the price risk. The industry will remember it for some time." The CEO noted that industry efforts to boost efficiency and cut costs should keep production going for "a while to come... until the sweet spots start running out." Publicly traded companies in the space include Chevron (CVX), Anadarko Petroleum (APC), Exxon Mobil (XOM), BP (BP), Marathon Oil (MRO), BHP Billiton (BHP), ConocoPhillips (COP), Pioneer Natural Resources (PXD), EOG Resources (EOG), Concho (CXO), Whiting Petroleum (WLL), and Continental Resources (CLR). Reference Link

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