Continental Resources Sees Higher Prices in First Half of 2016, Cuts Costs, Boosts Production as It Waits for Higher Oil Prices, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwired) -- 12/28/15 -- Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- A growing number of investors are betting against independent Continental Resources Corporation (NYSE:CLR) (Oklahoma City, Oklahoma), despite the company''s success in lowering costs and increasing production. About 25 million of Continental''s 340 million shares of common stock were sold short as of November 30, according to data from NASDAQ quoted in an article in Forbes. Investors who sell a stock short are betting its price will fall, allowing them to purchase shares at a cheaper price in the future to cover their bets.
Within this article: Details Continental''s oil production in Oklahoma, North Dakota and Montana.
For details, , or browse other breaking industrial news stories at .
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info''s quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what''s happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "" page.
Contact:
Brian Ford
713-783-5147
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 28.12.2015 - 06:30 Uhr
Sprache: Deutsch
News-ID 1406393
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
SUGAR LAND, TX
Phone:
Kategorie:
Oil & Gas
Typ of Press Release:
type of sending:
Date of sending:
Anmerkungen:
Diese Pressemitteilung wurde bisher 421 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Continental Resources Sees Higher Prices in First Half of 2016, Cuts Costs, Boosts Production as It Waits for Higher Oil Prices, an Industrial Info News Alert
"
steht unter der journalistisch-redaktionellen Verantwortung von
Industrial Info Resources (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
