Continental Resources (CLR) Update - Mar 17
Posted: Tue Mar 17, 2020 6:24 pm
I spent the afternoon working on CLR. We will be sending out an updated profile and forecast model tomorrow.
CLR has been hammered, but this is a company with very low cash expenditures (under $12/boe), so they are still going to generate strong cash flow.
If you believe that the human race will survive and thrive, then read the profile carefully. If you think we are all going to die from a tiny virus, drink a lot and enjoy your remaining time on Earth.
CLR has been hammered, but this is a company with very low cash expenditures (under $12/boe), so they are still going to generate strong cash flow.
If you believe that the human race will survive and thrive, then read the profile carefully. If you think we are all going to die from a tiny virus, drink a lot and enjoy your remaining time on Earth.