-
Best Utilities Stocks of 2011
Wednesday, December 28, 2011 - 1:17pm | 887Here's a quick look at nine of the best-performing utilities stocks of the past year. Atlas Energy (NYSE: ATLS) is up more than 65% year to date, as well as up almost 90% from the 52-low in October. The Pennsylvania-based natural gas processor announced in October the formation of an MLP focused...
-
How N. Dakota Became Saudi Arabia: Interview with Harold Hamm, Discoverer of Bakken Oil
Saturday, October 1, 2011 - 10:28am | 713In today's WSJ, Steve Moore interviews Harold Hamm, the Oklahoma-based founder and CEO of Continental Resources (America's 14th-largest oil company), and the original discoverer of the gigantic Bakken oil fields of Montana and North Dakota. There are lots of gems from Mr. Hamm, here are a few: 1...
-
UPDATE: Jefferies Lowers PT on Continental Resources from $81.00 to $71.00
Friday, August 5, 2011 - 9:12am | 89Jefferies has published a report on Continental Resources (NYSE: CLR) lowering the price target $10. In the report, Jefferies wrote, "While overall growth is appreciated, market has yet to embrace CLR's significant Cana program. Oil ratio light given sizeable Williston activity. Despite cautious...
-
UPDATE: Bank of America Raises PT on Continental Resources from $73 to $77
Thursday, August 4, 2011 - 7:47am | 99Bank of America has published a report on Continental Resources Inc (NYSE: CLR) increasing the price target by $4. In the report, Bank of America wrote, "CLR reported adj. EPS of $0.60/sh lagging BofAMLe and consensus by 1¢. Volumes of 53.9 Mboepd fell shy of our 56.0 Mboepd causing a negative $0....
-
UPDATE: Stifel Nicolaus Upgrades Continental Resources to Buy
Friday, July 8, 2011 - 9:35am | 101Stifel Nicolaus is out with its report today on Continental Resources (NYSE: CLR), upgrading CLR to Buy. In a note to clients, Stifel Nicolaus writes, "With one of the largest acreage positions in the Bakken and a strong position in the Anadarko Woodford, CLR provides 23% CAGR visible production...
-
Global Hunter Provides Color on Exploration & Production Sector
Friday, June 3, 2011 - 7:49am | 383Global Hunter Securities provided color on the Exploration & Production sector. In a research report published today, Global Hunter commented on the current land grab in the northwest United States. The report states, "Land grab fever has hit a peak. If we had to succinctly describe the Bakken...
-
Morgan Keegan Reiterates Market Perform On Continental Resources (CLR)
Thursday, May 5, 2011 - 1:29pm | 85Morgan Keegan reiterated its Market Perform rating on Continental Resources (NYSE: CLR) in a research report published today. In the report, Morgan Keegan states, "Continental continues to execute and significantly grow production, yet we see the risk-reward profile moderating. As such, although...
-
Jefferies Comments On Continental Resources Q1 Results (CLR)
Thursday, May 5, 2011 - 12:57pm | 85Jefferies commented on Continental Resources' (NYSE: CLR) Q1 results in a research report published today, after Continental Resources failed to meet analysts' expectations. In the report, Jefferies states, Continental Resources "reported adjusted EPS of $0.53 versus consensus of $0.54 and JEF's...
-
Will Northern Oil & Gas' Growth Spurt Last (NOG)?
Monday, March 21, 2011 - 10:28am | 471Northern Oil & Gas (NYSE: NOG) may be one of the hottest names in the energy sector, but The Street Sweeper warns that its potentially unsustainable growth could be a horror story in the making. Over the past year, NOG has tripled its revenue and more than doubled its profits. The company...
-
Morgan Keegan Lowers PT On Continental Resources To $73
Wednesday, March 9, 2011 - 8:35am | 31Morgan Keegan has lowered the price target on Continental Resources, Inc. (NYSE: CLR) from $85 to $73 and maintains its Market Perform rating.
-
Jefferies: CLR Results Meet Expectations But PV-10 Misses
Thursday, February 24, 2011 - 9:57am | 89Continental Resources' (NYSE: CLR) Q4 results meet expectations but PV-10 misses on higher PUD and natural gas ratios, Jefferies reports. “Adjusted eps of $0.53 above consensus of $0.49 but below JEF's $0.55,” Jefferies writes. “Volumes missed by 2%, mostly because of a sequential decline in non-...
-
In CHK Joint Venture Sale, Jefferies Eyes EOG, CLR
Monday, January 31, 2011 - 10:08am | 196Chesapeake Energy (NYSE: CHK) is selling a third of its 800k acre Powder River and DJ basins leasehold for $1.267 billion or $4,750/acre (undiscounted), Jefferies reports. CNOOC Limited (NYSE: CEO) will pay $570 million in cash at closing (expected at by end of q1), and will fund 66.7% of CHK's...
-
Morgan Keegan Raises PT On Continental Resources
Friday, January 14, 2011 - 9:05am | 27Morgan Keegan has raised the price target on Continental Resources (NYSE: CLR) from $65 to $85 and maintains its Outperform rating.
-
Jefferies Energy Update (CLR, APC, COG)
Tuesday, December 7, 2010 - 10:05am | 131Jefferies published its Energy Update today and noted that M&A could play a big role for selective shales in 2011. In a note to clients, Jefferies writes, "While international M&A has been occurring for some time on 3P capture, such valuations have stopped at our borders. However, we sense...
-
Continental Guidance Largely Neutral vs. Wells Fargo Estimates
Tuesday, October 12, 2010 - 10:30am | 126Continental Resources, Inc. (NYSE: CLR) reiterated its 2010 guidance, initiated its 2011 guidance, and updated is operations ahead of its 2010 analyst day (10/12/10). Wells Fargo Securities view the release as generally positive, with a strong ops update highlighted by Continental's initial EcoPad...