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Home › UPDATE 1-Continental Resources quarterly loss misses expectations

 

UPDATE 1-Continental Resources quarterly loss misses expectations

2016-02-25 03:02:31| Electronics - Topix.net

Feb 24 Continental Resources Inc, North Dakota's second-largest oil producer, reported a bigger-than-expected fourth-quarter loss on Wednesday as depressed crude prices eroded margins. The loss, expected after a string of negative reports from peers, highlights the immense pain the oil and gas industry is feeling now in the commodity price slump.

Tags: resources update loss expectations

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