Actionable news
0
All posts from Actionable news
Actionable news in CLR: CONTINENTAL RESOURCES Inc,

UPDATE 1-Continental Resources quarterly loss misses expectations

(Adds earnings comparisons, stock movement)

Feb 24 Continental Resources Inc, North Dakota's second-largest oil producer, reported a bigger-than-expected fourth-quarter loss on Wednesday as depressed crude prices eroded margins.

The loss, expected after a string of negative reports from peers, highlights the immense pain the oil and gas industry is feeling now in the commodity price slump.

Continental is exposed more than many of its peers to the price gyrations as it famously canceled its oil...


More