CLR: None of their oil is hedged

dan_s · Post by **dan_s** » Tue Apr 17, 2018 8:47 am

Zacks: Based in Oklahoma City, Continental Resources, Inc. (CLR) is the leading producer of crude in the prospective oil plays. The company surpassed the Zacks Consensus Estimate in each of the last two quarters. We also expect the stock to record earnings growth of 376.5% and 11.1% in 2018 and 2019, respectively.

The stock carries a Zacks Rank #2 (Buy).

My valuation based on $60/bbl WTI is $78/share.

https://finance.yahoo.com/news/5-oil-st ... 12883.html