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Continental Resources Inc. (CLR) Broke Out To A New High On Q4 Production News

(RTTNews.com) - Continental Resources Inc. (CLR) reported fourth quarter production of 75,219 barrels of oil equivalent per day Wednesday morning, a 57% increase from the prior year period.

Continental Resources gapped open higher Wednesday and climbed for the majority of the session. Shares finished up by 8.24 at $82.47, with volume at an 8-month high. The stock broke out of a 3-week range and set a new high for the year.

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