Continental Resources (CLR) Update - Nov 8
Posted: Fri Nov 08, 2019 12:16 pm
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.
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.