Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 -0.0232907588279489 -0.0375657400450789
Stock impact report

U.S. oil firm Continental Resources halts shale output, seeks to cancel sales [Reuters]

Continental Resources, Inc. (CLR) 
Last continental resources, inc. earnings: 2/26 04:15 pm Check Earnings Report
US:NYSE Investor Relations: clr.com/investors
Company Research Source: Reuters
U.S. oil firm Continental Resources halts shale output, seeks to cancel sales (Reuters) - The largest oil producer in North Dakota has halted most of its production in the U.S. state and notified some customers it would not supply crude after prices dived into negative territory this week, people familiar with the matter said. Continental Resources Inc ( CLR.N ), the company controlled by billionaire Harold Hamm, stopped all drilling and shut in most of its wells in the state’s Bakken shale field, three people familiar with production in the state said on Thursday. Global oil prices have plunged because of excess supplies and tumbling demand due to the coronavirus crisis. U.S. crude prices plunged into negative territory this week - meaning suppliers had to pay people to take oil - due to lack of storage space, prompting moves by operators to halt output. Shut-ins have been particularly swift in North Dakota, which produced more than 1.4 million barrels per day (bpd) of oil in 2019, Show less Read more
Impact Snapshot
Event Time:
CLR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
CLR alerts

from News Quantified
Opt-in for
CLR alerts

from News Quantified