Continental Resources

Continental Resources

About Continental Resources

Simplify's Rating
Why Continental Resources is rated
C-
Rated D+ on Competitive Edge
Rated C on Growth Potential
Rated C on Rating Differentiation

Industries

Industrial & Manufacturing

Energy

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

null

Founded

1967

Overview

Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisition of Powder River Basin assets could increase production and revenue.
  • Expansion in the Delaware Basin boosts Continental's market position in oil and gas.
  • Recognition as a Top Workplace aids in talent acquisition and retention.

What critics are saying

  • Large acquisitions may lead to financial strain and share price volatility.
  • Competition from clean hydrogen technology companies like Ekona Power is increasing.
  • Pressure to invest in carbon capture technologies to remain competitive is growing.

What makes Continental Resources unique

  • Continental Resources focuses on strategic acquisitions in resource-rich areas like the Delaware Basin.
  • The company has a strong employer brand, recognized as a 2021 Top Workplace.
  • Continental Resources is expanding its oil and gas reserves through significant acquisitions.

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Company News

PR Newswire
Jan 28th, 2025
William B. Berry, Former Chief Executive Officer Of Continental Resources, Inc., To Receive Prestigious 2025 Horatio Alger Award

Horatio Alger Association names 12 outstanding individuals, each of whom has overcome adversity to achieve professional and personal success, to its Member Class of 2025WASHINGTON, Jan. 28, 2025 /PRNewswire/ -- Horatio Alger Association of Distinguished Americans, Inc. , a nonprofit educational organization that honors the achievements of outstanding leaders who have overcome adversity and supports promising young people to pursue their American Dream through higher education and technical scholarships, today announced that William B. Berry, former chief executive officer, Continental Resources, Inc. and former executive vice president, ConocoPhillips, has been selected for membership in this prestigious organization. Mr

Business Wire
Sep 20th, 2023
Ekona Power Inc. Receives CAD $79 Million Equity Investment to Commercialize Clean Hydrogen Technology

Ekona Power Inc., a Vancouver-based venture that is developing a novel hydrogen production technology, today announced its close of a CAD $79 million

PR Newswire
May 11th, 2022
Summit Carbon Solutions Announces Successful Completion of $1+ Billion Equity Raise Following $300 Million Investment from TPG Rise Climate

/PRNewswire/ -- Today, Summit Carbon Solutions ("Summit"), developer of the world's largest carbon capture and storage project, which will capture and...

Yahoo Finance
Feb 2nd, 2022
Ekona Power Inc. Receives CAD $79 Million Equity Investment to Commercialize Clean Hydrogen Technology

VANCOUVER, British Columbia, February 01, 2022--Ekona Power Inc., a Vancouver-based venture that is developing a novel hydrogen production technology, today announced its close of a CAD $79 million equity investment. The investment will help support the commercial readiness of Ekona’s novel methane pyrolysis technology platform, which produces clean and low-cost hydrogen. Led by Baker Hughes, the funding round also received participation from prominent partners, including Mitsui, Severstal, Cono

PR Newswire
Jan 25th, 2022
Chesapeake sells assets to Continental Resources, Inc. in the amount of $450M

Chesapeake also signed an agreement to sell its Powder River Basin assets in Wyoming to Continental Resources, Inc. (NYSE: CLR ) for approximately $450 million in cash.

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