CLR
Posted: Fri Nov 23, 2012 3:48 pm
An updated Net Income & Cash Flow Forecast model for Continental Resources (CLR) has been posted under the Sweet 16 Tab.
I consider CLR one of our "Core Holding" in the Sweet 16. It is on track to finish 2012 with over 58% YOY production growth and it has 30% annual production growth locked in for at least the next three year. First Call's Price Target is $97.05 and that looks conservative to me. Very few companies of this size have production growth like this locked in. I consider CLR one of the great American success stories, so I want to own it.
I will be sending out updated profiles on CLR and several of the Sweet 16 tomorrow in a Flash Alert. My "helper" is off today. She is also the Editor-in-Chief around here.
I consider CLR one of our "Core Holding" in the Sweet 16. It is on track to finish 2012 with over 58% YOY production growth and it has 30% annual production growth locked in for at least the next three year. First Call's Price Target is $97.05 and that looks conservative to me. Very few companies of this size have production growth like this locked in. I consider CLR one of the great American success stories, so I want to own it.
I will be sending out updated profiles on CLR and several of the Sweet 16 tomorrow in a Flash Alert. My "helper" is off today. She is also the Editor-in-Chief around here.