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Bullboard - Stock Discussion Forum Continental Resources Inc. CLR

Continental Resources is a U.S. oil and gas producer targeting in the Bakken Shale in North Dakota, the Delaware Basin in Texas, and the Scoop/Stack plays in Oklahoma. At the end of 2021, the company reported net proven reserves of 1.6 billion barrels of oil equivalent. Net production averaged 330 thousand barrels of oil equivalent per day in 2020, at a ratio of 49% oil and 51% natural gas and... see more

NYSE:CLR - Post Discussion

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Post by Bonecreek2 on Dec 30, 2018 6:19pm

DEBT!!!

These American Oil & Gas firms remind me of the 2008 housing crisis, lots of debt, sucking investors & junk bonds in to finance their schrade, waiting for the bubble to burst & the shale oil explosion will implode!!!
Comment by truewest on Apr 29, 2020 10:11am
Agreed. This could be the perect storm unfortunately. 
Comment by JerichoClarke on Jul 31, 2022 6:49pm
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