Continental Resources (CLR) Update - Nov 8

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Continental Resources (CLR) Update - Nov 8

Post by dan_s »

I'm putting the final touches on our updated profile for CLR and I noticed this.

Jeanine Wai an energy sector analyst at Barclays issued a fresh report dated 11/7/2019 on CLR with a Buy and a $56 price target, which happens to be right below my valuation.
Keep in mind that Barclays is using a lower oil price for 2020 than I am.

CLR is for those of you that believe oil prices are going higher. NONE of the company's oil is hedged.
Dan Steffens
Energy Prospectus Group
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