Home › Continental Resources (CLR) Stock Gains Following Capital Expenditure Reduction
 

Keywords :   


Continental Resources (CLR) Stock Gains Following Capital Expenditure Reduction

2014-12-23 17:41:43| Electronics - Topix.net

The company now plans to spend about $2.7 billion while increasing production by as much as 20% next year. The decrease in spending is due to the recent precipitous fall in oil prices, although CEO Harold Hamm said that the U.S. oil industry will be able to "adjust" to and withstand the recent downturn.

Tags: resources stock capital reduction

Category:Electronics and Electrical

Latest from this category

All news
»
02.11Atlantic Tropical Weather Outlook
02.11Eastern North Pacific Tropical Weather Outlook
02.11Tropical Depression Thirteen-E Graphics
02.11Summary for Tropical Depression Thirteen-E (EP3/EP132024)
02.11Fragrancing Spaces with Atmos, A Smart Home Diffuser
02.11Eastern North Pacific Tropical Weather Outlook
02.11Atlantic Tropical Weather Outlook
01.11Tropical Depression Thirteen-E Forecast Discussion Number 1
More »