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Continental Resources, Inc. News

Exxon Makes Goldman List of Top Oil Stocks

Goldman sees 'a turning point in the oil and gas capex cycle, as seven years of declining activity have depleted spare capacity.'

Exxon, Chevron to Benefit From Clean Energy: Morgan Stanley

Morgan Stanley says it’s not just renewable energy companies that will benefit from decarbonization efforts to be discussed this week.

Continental Resources Reportedly Declares Force Majeure as Coronavirus Tanks Oil Prices

Continental Resources invokes force majeure on at least one of its oil delivery contracts after oil prices collapsed.

Twilight for Index Funds: Cramer's 'Mad Money' Recap (Wednesday 4/15/20)

Jim Cramer says that trying to mirror the market can be a bad strategy in times like this.

Trump to Meet with Oil Executives to Discuss Government Aid

President Trump is set to meet with oil executives to discuss government aid to the industry, a media report says. One issue for discussion will be potential tariffs on U.S. imports of Saudi oil.

Breaking News

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.

Gap Stock Plummets On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

Big Lots Stock Crumbles After Surprise Q1 Loss As Inflation, Gas Price Surge Bites Spending

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

Broadcom Agrees to Buy VMware in $61 Billion Cash-and-Stock Cloud Software Deal

"Combining our assets and talented team with Broadcom's existing enterprise software portfolio creates a remarkable enterprise software player," said VMware CEO Raghu Raghuram.