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Notable Insider Buys: Continental Resources, Fox, Groupon And More
Article By:
Benzinga
Saturday, June 27, 2020 7:24 PM EST
Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit. So insider buying can be an encouraging signal for potential investors.
First Shale Oil Domino To Fall: More To Follow
Article By:
Steve St. Angelo
Friday, April 24, 2020 4:19 PM EST
Continental Resources, the largest shale producer in the Bakken, is shutting in most of its production in the region. That is one hell of a lot of output to shut-in as it was producing over 200,000 barrels per day at the end of 2019.
Stocks For You To Swing-Trade: BA, CLR, WTW
Article By:
Ryan Mallory
Wednesday, October 10, 2018 6:01 AM EST
Take a look at three trading ideas to prep you for the next trading session.
Bakken Update: Well Economics Are Improving As Costs Decrease And Enhanced Completions Improve Production, Part 2
Thanks James,
We currently own $CLR and like it more for its STACK leasehold than core Bakken. It seems to be doing the right things, hopefully Mr. Hamm continues to do so.
Bakken Update: Well Economics Are Improving As Costs Decrease And Enhanced Completions Improve Production, Part 2
Good article, thank you. I read in the Financial Times recently that break-even prices in the SCOOP and STACK are down to around $35-$39 per barrel. This is highly significant when considering that break-even prices in countries like Saudi have to take into account national budget issues and they need around $90 to break-even. Many #OPEC producers need that figure or more.
I use to own $CLR and will probably buy back in again soon.