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

»
05.11Durable Floor Coating from HMG Paints Transforms FC United\'s SMRE Bar
05.11Teknos Poland Honored by Farby i Lakiery
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Wind Speed Probabilities Number 7
05.11Tropical Storm Rafael Public Advisory Number 7
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Tropical Storm Rafael Forecast Advisory Number 7
05.11Boeing strike ends as workers back 38% pay rise deal
More »