Information Provided By:
Fly News Breaks for October 15, 2018
CLR
Oct 15, 2018 | 07:38 EDT
Seaport Global analyst John Aschenbeck upgraded Continental Resources to Buy from Neutral and increased its price target to $75 from $64 saying shares have been weak on Clearbrook confusion and provides a compelling entry point. Aschenbeck said widening Clearbrook oil differentials have been the primary contributor to weakness, but believes Clearbrook prices to not represent those received by most Bakken bbls. The analyst said the company does not sell any of its Bakken crude to Clearbrook and expects Continental to deliver outsized production growth and free cash flow through 2020.
News For CLR From the Last 2 Days
There are no results for your query CLR