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Continental Resources is a large pure-play energy company with a market capitalization of more than $20 billion and unique assets. The company is continuing to generate a more than 20% FCF that can be expected to continue growing.
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Continental Resources (CLR) delivered earnings and revenue surprises of 9.46% and 0.18%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
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High oil price is likely to have aided the upstream business of Continental Resources (CLR) in Q2.
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Continental Resources (CLR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
OKLAHOMA CITY , July 13, 2022 /PRNewswire/ -- Continental Resources, Inc. (NYSE: CLR) (the "Company") plans to announce second quarter 2022 results and file the Company's Quarterly Report on Form 10-Q on Thursday, July 28, 2022, after the close of trading on the New York Stock Exchange. The Company also plans to publish a second quarter 2022 summary presentation to its website at www.CLR.com on Thursday, July 28, 2022.
Continental Resources, Inc. (NYSE:CLR) is down 0.9% at $64.63 at last check, but it looks as though this pullback may be short-lived.
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