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Saturday, August 6, 2011

CLR and WMB Post Earnings: Updated at "Earnings Central" -- Bakken, North Dakota, USA

I've linked the earnings results for Continental Resources and Williams Companies at "Earnings Central" at the sidebar at the right.

All Bakken companies are reporting outstanding numbers, but when one considers how bad the quarter was with regard to weather, flooding, and bad roads, their numbers are even more remarkable.

Share prices were collateral damage due to the huge sell-off this past week when indications for weaker economy than expected going forward. Investors don't offer get such great opportunities to buy shares that are on sale.

WMB, by the way, is now paying 3 percent.

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