|Bid||0.00 x 800|
|Ask||0.00 x 1200|
|Day's range||12.89 - 13.54|
|52-week range||6.90 - 36.20|
|Beta (5Y monthly)||3.48|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||06 Feb 2020|
|1y target est||N/A|
Shares of oil drillers Occidental Petroleum (NYSE: OXY), Continental Resources (NYSE: CLR), and Kosmos Energy (NYSE: KOS) tumbled more than 20% in September, according to data provided by S&P Global Market Intelligence. Of the three companies, Occidental -- which also has some transportation, storage, and refining capacity -- saw the smallest drop, of just 21.4%. Shares of Continental Resources, which primarily operates in Oklahoma and North Dakota, fared slightly worse, dropping 28.5%.
For full-year 2020, Continental Resources (CLR) expects to operate total net wells of 142.
The news that Saudi Arabia is cutting the price at which it sells oil for October delivery sent Brent crude prices down 5% in Tuesday trading, and WTI off by more than 7%. U.S. and Canadian oil stocks predictably took it on the chin, and at the close on Tuesday, shares of Suncor Energy (NYSE: SU), Continental Resources (NYSE: CLR), and Occidental Petroleum (NYSE: OXY) were all down nearly 10%. Continental, with a $5.3 billion market capitalization, is the most cash-poor of the three, with less than $7 million in the bank, but $5.8 billion in debt -- more than its own market cap.