Continental Resources (CLR) – Clearing Breakout and Update

Smashing breakout for Continental Resources (CLR). Combining their terrific track record with a solid outlook boosted shares today by over 5% to approaching its all-time high levels.

Back in December, we looked closely at this company as it held a 10 out of a possible 10 on our QFT Score. The latest update provides a nice outlook. Combining that with the recent comments by President Obama on fracking should help keep investors interested.

 

  • Continental Resources 4Q Production Rose 57% To 75,219 BBLS/Day
  • Continental Resources Increased Production 57 Percent To 75,219 Barrels Of Oil Equivalent Per Day For Fourth Quarter 2011
  • Continental Resources, Inc.: Positive Reserves, Production And Well Data
  • Continental Says North Dakota LP Rates Averaged 1,128 BOE/PD
  • Continental Reserves Net Present Value Rose To $22 Billion
  • Continental Proved Reserves Net Present Value Nearly Doubled
  • Continental Says 40% Of Proved Reserves Are Developed
  • Continental Declassed 23.4 MMBOE In Oklahoma On Low Gas Prices
  • Continental Cites Bakken, Anadarko Woodford Drilling For Gain
  • Continental Resources Reports 39% Increase In Proved Reserves
  • Continental Year-End Proved Reserve Rise To 508 MMBOE
  • Continental Resources Jan. Production So Far Over 80,000 BOED