Continental Resources (CLR)

dan_s · Post by **dan_s** » Mon May 11, 2015 12:08 pm

I have updated my forecast model for CLR and it will be available on the website later today.

I have increased my Fair Value Estimate by $2.50/share to $56.00. Compares to First Call's Price Target of $52.86.

CLR's first quarter production came in above my forecast and I new believe they will achieve the top end of their year-over-year production growth target of 20% (~209,000 boepd).