Continental Resources

Continental Resources (NYSE:CLR) NAV Driven Higher by Activity, Exploration

Continental Resources (NYSE:CLR) was upgraded by Jefferies today from “Neutral” to “Buy,” citing an expected higher NAV. Jefferies said, “Accelerated activity, positive exploration datapoints, and downspacing success in the Williston drive our NAV higher. Unaccounted for is a meaningful Niobrara position and a growing Cana presence. 1st long lateral Niobrara well to spud next month. Positive

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