Deckers Outdoor Corporation (DECK Quick QuoteDECK ) is quite focused on expanding its brand assortments, adding an innovative line of products and enhancing its omni-channel capabilities.
In a latest development, the company’s HOKA ONE ONE brand shared plans to release the Bondi X on the brand’s website and retailers nationwide on Oct 1. The latest Bondi X is designed to offer efficient and a propulsive ride to the original max-cushion road shoe. This version is a performance upgrade from the template familiarized by the original Bondi franchise.
The new Bondi X brings a signature HOKA carbon fiber plate to provide the technology’s efficiency to all athletes apart from the competitive runners. This also has signature elements of the “HOKA ride” and is the lightest foam the brand has designed to date.
The Bondi X weighs in at 9.1 oz for a women’s size 7 and 10.6 oz for a men’s size 9, thus weighing quite light when it comes to an extended rocker for more acceleration. On combining with the unique Bondi cushioning and lines, the Bondi X carbon innovation looks to offer runners more energy-efficient movement via each stride.
Last month, Deckers’ HOKA ONE ONE brand collaborated with Engineered Garments to make a special edition Bondi L. The company tied up with this American- and Japanese-inspired street fashion label to boost its assortments. This collaboration features a new take on the Bondi L on the HOKA ONE ONE’s original maximal-cushion road shoe including a leather upper and wide footbed for stability. The fresh Engineered Garments design, inspired by the theme of a formal running shoe, fuses well-constructed materials and distinguished patterns to create an advanced version of the classic Bondi.
Deckers is constantly experiencing immense strength in its HOKA ONE ONE brand. The label continues to build a customer base through a combination of product innovation and a disciplined marketing approach. During first-quarter fiscal 2022, HOKA ONE ONE brand’s net sales soared 95.5% year over year. Direct-to-consumer net sales also jumped 14.7%, primarily driven by the brand. Management is well on track to accomplish its long-term goals including making HOKA ONE ONE a $1-billion plus brand.
Hot Energy Stocks To Own For 2023: Continental Resources, Inc.(CLR)
Continental Resources, Inc., incorporated on November 16, 1967, is an independent crude oil and natural gas exploration and production company with properties in the North, South and East regions of the United States. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units. The South region includes Kansas and all properties south of Kansas and west of the Mississippi River, including various plays in the South Central Oklahoma Oil Province (SCOOP), Sooner Trend Anadarko Canadian Kingfisher (STACK), Northwest Cana and Arkoma Woodford areas of Oklahoma. The East region includes undeveloped leasehold acreage east of the Mississippi River. The Company’s estimated proved reserves are approximately 1,230 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of over 520 MMBoe. Its crude oil production is sold to crude oil refining companies at market centers.
North Region
The Company’s principal producing properties in the North region are in the Bakken field and the Red River units. Its average daily production from such properties is approximately 148,910 Boe per day. The Bakken field of North Dakota and Montana is a crude oil resource play in the United States. The Company is a producer, leasehold owner and operator in the Bakken. Its total Bakken production is over 136,350 Boe per day. It has completed approximately 650 gross wells in the Bakken. Its total proved Bakken field reserves is over 660 MMBoe. It operates approximately eight rigs in the Bakken, all in North Dakota.
The Company’s Red River units consists of over nine units located along the Cedar Creek Anticline in North Dakota, South Dakota and Montana that produce crude oil and natural gas from the Red River B formation. The Company’s principal producing properties in the Red River units include the Cedar Hills units in North Dakota and Montana, the Medicine Pole Hills units in North Dakota and the Buffalo Red River units in South Dakota. Its properties in the Red River units comprise a portion of the Cedar Hills field.
South Region
The Company’s principal producing properties in the South region are located in the SCOOP, Northwest Cana and STACK areas of Oklahoma. Its average daily production from such properties is approximately 76,020 Boe per day. The Company’s SCOOP play extends across Garvin, Grady, Stephens, Carter, McClain and Love counties in Oklahoma, and contains crude oil and condensate-rich fairways as delineated by various industry wells. It is a producer, leasehold owner and operator in the SCOOP play. It has completed over 200 gross wells in SCOOP. The Company’s Northwest Cana properties are located in northwestern Oklahoma in Blaine, Dewey and Custer Counties of Oklahoma and target the Woodford formation. It has approximately five operated rigs drilling in Northwest Cana. It has over four operated rigs drilling in STACK. It has completed a combined of approximately 30 gross wells in Northwest Cana and STACK. It has proved reserves of approximately 80 MMBoe.
Advisors’ Opinion:
- [By Stephan Byrd]
Continental Resources, Inc. (NYSE:CLR) – Analysts at Jefferies Financial Group decreased their Q1 2019 earnings estimates for Continental Resources in a research note issued on Thursday, February 21st. Jefferies Financial Group analyst T. Hughes now anticipates that the oil and natural gas company will post earnings per share of $0.51 for the quarter, down from their prior forecast of $0.56. Jefferies Financial Group has a “Buy” rating and a $64.00 price objective on the stock. Jefferies Financial Group also issued estimates for Continental Resources’ Q2 2019 earnings at $0.55 EPS, FY2019 earnings at $2.15 EPS and FY2021 earnings at $3.51 EPS.
- [By Motley Fool Transcribers]
Continental Resources Inc (NYSE:CLR)Q4 2018 Earnings Conference CallFeb. 19, 2019, 12:00 p.m. ET
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Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
Hot Energy Stocks To Own For 2023: Independence Contract Drilling, Inc.(ICD)
Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers in the United States. The company constructs, owns, and operates a fleet of ShaleDriller rigs to optimize the development of various oil and gas properties in the Permian Basin. As of December 31, 2015, it had 14 ShaleDriller rigs. The company was founded in 2011 and is headquartered in Houston, Texas.
