Comparing Continental Resources’ valuation In the previous part of this series, we compared Continental Resources’ (CLR) EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple against its…
In a previous series, we read about Continental Resources’ (CLR) management objectives and operational plans in 2017. In this series, we’ll focus on Continental’s key fundamentals.
Continental Resources’ leverage Since 4Q14, Continental Resources’ (CLR) total debt has risen ~11%. In 4Q16, the company’s total debt was $6.6 billion, compared with ~$7.1 billion in 4Q15, a decline…
The US pharmaceutical sector is made up of different areas geared toward the development, production, and marketing of drugs. Let’s take a look at some of the sector’s 1Q17 mergers and acquisitions.
Europe’s sluggish economic recovery over the past few years in the wake of the global financial crisis had seen investments flowing out of the Eurozone.
Global recovery and resilient domestic demand are expected to support Eurozone (EZU) (FEZ) recovery in 2017.
Eurozone inflation expectations seem to have risen from the low levels of 2015, and global factors appear to be helping Europe’s inflation get back on track.
According to a TransOil report for week 13, bunker fuel prices will strengthen at the beginning of next week.
The start of week 13 wasn’t impressive for the VLCC market since the supply and demand imbalance was at a multiple week high.
Frontline (FRO) and Euronav (EURN) traded in negative territory in week 13. All the other crude oil tanker stocks traded in positive territory.
Snapchat (SNAP) was the first major venture-backed technology IPO (initial public offering) in 2017. It sold ~200 million shares to raise ~$3.4 billion.
Equity market indexes across the United States are surging and recording all-time highs. The volatility index is also falling, which could be a good sign for IPO activity in 2017.
Since the beginning of 2017, the Dow Jones Industrial Average and the NASDAQ have risen ~4% and 10%, respectively, as of March 31, 2017.
The technology sector’s growth has mostly been driven by consumers from others sectors, as they depend on technology to facilitate their smooth functioning.
In the past three months, utility stocks have rallied nearly 6%—marginally ahead of broader markets.
Jeff Bezos, Amazon’s (AMZN) chief executive officer, has been talking lately about space tourism and permanent settlement on the moon.
Energy price outlook Previously, we discussed mixed opinions on the Eagle Ford Shale. Let’s now look at crude oil price expectations. Supply and demand In its March STEO (Short-Term Energy…
Industry outlook In the previous two parts, we discussed interest in the Eagle Ford Shale in 2017. Companies, mostly newer players, are either increasing drilling activity or acquiring acreage positions…
Sanchez Energy On January 12, 2017, Anadarko Petroleum (APC) announced that it would be selling its Eagle Ford assets to Sanchez Energy (SN) and The Blackstone Group for a total…
Increased activity in the Eagle Ford Now that we’ve looked at key Eagle Ford companies’ production metrics and performance, let’s look at how the industry views the region. Two companies that…