How were Continental Resources' earnings last quarter?

Continental Resources, Inc. (NYSE:CLR) posted its quarterly earnings data on Wednesday, November, 3rd. The oil and natural gas company reported $1.20 earnings per share for the quarter, meeting the consensus estimate of $1.20. The oil and natural gas company earned $1.34 billion during the quarter, compared to analyst estimates of $1.40 billion. Continental Resources had a net margin of 40.29% and a trailing twelve-month return on equity of 43.58%. During the same quarter last year, the firm posted ($0.16) EPS.

Is Continental Resources a good dividend stock?

Continental Resources (NYSE:CLR) pays an annual dividend of $1.12 per share and currently has a dividend yield of 1.51%. The dividend payout ratio is 11.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CLR will have a dividend payout ratio of 10.14% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CLR .

When did Continental Resources' stock split?

Continental Resources's stock split before market open on Thursday, September 11th 2014. The 2-1 split was announced on Monday, August 18th 2014. The newly created shares were payable to shareholders after the market closes on Wednesday, September 10th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What is Harold G. Hamm's approval rating as Continental Resources' CEO?

35 employees have rated Continental Resources Chief Executive Officer Harold G. Hamm on Glassdoor.com . Harold G. Hamm has an approval rating of 63% among the company's employees. This puts Harold G. Hamm in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Continental Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Continental Resources investors own include Xtrackers California Municipal Bond ETF (CA) , Endologix (ELGX) , BlackRock (BLK) , Chipotle Mexican Grill (CMG) , Aegean Marine Petroleum Network (ANW) , Athabasca Oil (ATH) , Micron Technology (MU) , Transocean (RIG) , NIC (EGOV) and Och-Ziff Capital Management Group (OZM) .

Does Continental Resources have any subsidiaries?

The following companies are subsidiares of Continental Resources: 20 Broadway Associates LLC, Banner Pipeline Company L.L.C., CLR Asset Holdings LLC, Flintlock Energy Inc., SFPG LLC, The Mineral Resources Company, The Mineral Resources Company II LLC, and Wall Industries. Read More

NYSE:CLR

Continental Resources (CLR) Stock Price, News & Analysis

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Notice: This company has been marked as potentially delisted and may not be actively trading.

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Today's Range: N/A
50-Day Range: $62.65
▼
$74.27
52-Week Range: N/A

Volume: 194,173 shs
Average Volume: 2.17 million shs
Market Capitalization: $26.96 billion

P/E Ratio: 7.55
Dividend Yield: 1.51%
Price Target: N/A

Stock Analysis

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Continental Resources MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -8.85
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: -1.52%
From $11.22 to $11.05 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.82 out of 5 stars

Oils/Energy Sector

229th out of 242 stocks

Crude Petroleum & Natural Gas Industry

74th out of 77 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Continental Resources.

N/A

Short Interest

Short Interest
There is no current short interest data available for CLR.

2.5

Dividend Strength

Dividend Yield
Continental Resources pays a meaningful dividend of 1.51%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Continental Resources does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Continental Resources is 11.38%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Continental Resources will have a dividend payout ratio of 10.14% next year. This indicates that Continental Resources will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Continental Resources has received a -114.09% net impact score from Upright. The largest negative impact of Continental Resources in category "GHG emissions" is driven by its "Conventional crude oil", "Conventional natural gas", and "Refined natural gas" products. See details.
Environmental Sustainability
The Environmental Impact score for Continental Resources is -8.85.

0.6

News and Social Media Coverage

Search Interest
2 people have searched for CLR on MarketBeat in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Continental Resources insiders have not sold or bought any company stock.
Percentage Held by Insiders
58.57% of the stock of Continental Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 13.41% of the stock of Continental Resources is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Continental Resources are expected to decrease by -1.52% in the coming year, from $11.22 to $11.05 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Continental Resources is 7.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.21.
Price to Earnings Ratio vs. Sector
The P/E ratio of Continental Resources is 7.55, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.11.
Price to Earnings Growth Ratio
Continental Resources has a PEG Ratio of 0.20. PEG Ratios below 1 indicate that a company could be undervalued.

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About Continental Resources Stock (NYSE:CLR)

Continental Resources, Inc. is an independent oil producer engaged in the exploration, development, and production of crude oil and natural gas. The firm's operations include horizontal drilling and protecting groundwater. The company was founded by Harold G. Hamm in 1967 and is headquartered in Oklahoma City, OK.

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CLR Stock News Headlines

February 14, 2024 | msn.com

German auto parts firm Continental to slash over 7,000 jobs

February 14, 2024 | markets.businessinsider.com

Continental To Layoff 7,150 Jobs Worldwide

April 16, 2024 | InvestorPlace (Ad)

REVEALED: Elon Musk’s Secret A.I. Facility?

I recently shot this video outside what could be Elon Musk’s biggest secret. What’s happening inside these walls is so important that our government has declared it a matter of national security.

January 8, 2024 | businesswire.com

Continental Debuts World’s First Automotive Display Embedded in Transparent Swarovski Crystal

September 26, 2023 | ca.investing.com

Shale CEO Predicts $150 Oil: The Urgency for U.S. Exploration Policies

September 20, 2023 | msn.com

The Continental Review: A Lifeless, Joyless, And Ultimately Pointless Return To The Wick-Verse

September 20, 2023 | investing.com

Republican hopeful DeSantis attacks EVs, emission goals in energy plan

June 3, 2023 | thestreet.com

Continental Resources (CLR) Stock Gaining on Higher Oil Prices

April 16, 2024 | InvestorPlace (Ad)

REVEALED: Elon Musk’s Secret A.I. Facility?

I recently shot this video outside what could be Elon Musk’s biggest secret. What’s happening inside these walls is so important that our government has declared it a matter of national security.

May 10, 2023 | bizjournals.com

Continental Properties closes $130.5 million apartment investment fund

April 20, 2023 | thestreet.com

Continental Resources (CLR) Showing Signs Of Being Water-Logged And Getting Wetter

April 18, 2023 | thestreet.com

Continental Resources (CLR) Stock Declining Today as Oil Prices Fall

March 29, 2023 | oilprice.com

Indian Energy Investor Recoups $20 Billion After Short Seller Attack

March 22, 2023 | sg.finance.yahoo.com

Lion-Phillip S-REIT ETF (CLR.SI)

January 17, 2023 | thestreet.com

Continental Resources (CLR) Stock Rising Today as Oil Prices Begin Slight Gain

December 8, 2022 | seekingalpha.com

Continental Resources gets new CEO

December 7, 2022 | seekingalpha.com

Continental Resources to gets new CEO

December 6, 2022 | ca.finance.yahoo.com

Exclusive-Shale oil producer Continental Resources names Doug Lawler as CEO

November 24, 2022 | finanznachrichten.de

Continental Resources Announces Expiration of Tender Offer Period for Outstanding Shares

November 23, 2022 | finance.yahoo.com

Permian Oil Drilling Rig Count Rises in 6 of Prior 10 Weeks

November 16, 2022 | markets.businessinsider.com

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SBCF, RCKT, CLR, USER

November 2, 2022 | markets.businessinsider.com

Continental Resources Inc. Q3 Profit Increases, but misses estimates

November 2, 2022 | finance.yahoo.com

CONTINENTAL RESOURCES ANNOUNCES 3Q22 RESULTS

November 2, 2022 | finance.yahoo.com

Continental Resources (CLR) Q3 Earnings and Revenues Lag Estimates

October 28, 2022 | benzinga.com

CLR ALERT: Levi & Korsinsky, LLP Announces an Investigation into the Fairness of the Going-Private Transaction of Continental Resources, Inc.

October 26, 2022 | finance.yahoo.com

Continental Resources (CLR) Earnings Expected to Grow: What to Know Ahead of Q3 Release

October 25, 2022 | finance.yahoo.com

CONTINENTAL RESOURCES TO ANNOUNCE THIRD QUARTER 2022 RESULTS ON WEDNESDAY, NOVEMBER 2, 2022

See More Headlines

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Company Calendar

Last Earnings: 11/03/2021
Today: 4/15/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Crude petroleum & natural gas
Sub-Industry: Oil & Gas Exploration & Production
Current Symbol: NYSE:CLR
CUSIP: 21201510
CIK: 732834
Web: www.clr.com
Phone: (405) 774-5257
Fax: 405-234-9253
Employees: 1,254
Year Founded: 1967

Profitability

EPS (Most Recent Fiscal Year): $9.84
Trailing P/E Ratio: 7.55
Forward P/E Ratio: N/A
P/E Growth: 0.2
Net Income: $1.66 billion
Net Margins: 40.29%
Pretax Margin: 53.35%
Return on Equity: 43.58%
Return on Assets: 19.13%

Debt

Debt-to-Equity Ratio: 0.55
Current Ratio: 1.20
Quick Ratio: 1.15

Sales & Book Value

Annual Sales: $5.72 billion
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 7.56
Book Value: $28.41 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 363,020,000
Free Float: 150,399,000
Market Cap: $26.96 billion
Optionable: Optionable
Beta: 2.32

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Key Executives

William B. Berry
Chief Executive Officer & Director
Doug Lawler
President & Chief Operating Officer
John D. Hart
Chief Financial Officer & EVP-Strategic Planning
Joe Davis
Chief Information Officer & Vice President
James R. Webb
Secretary, Chief Risk Officer & Senior VP

Key Competitors

View All Competitors

Should I Buy Continental Resources Stock? CLR Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Continental Resources, Inc.:

Continental Resources, Inc. has shown consistent revenue growth over the past year, indicating a strong financial performance.
The company has a diversified portfolio of mineral properties in North America, South America, and Indonesia, reducing risk associated with a single location.
Continental Resources, Inc. primarily explores for copper, gold, molybdenum, silver, and other metals, providing exposure to multiple valuable commodities.
Recent developments in the mining sector have positively impacted Continental Resources, Inc.'s stock price, making it an attractive investment opportunity.
The company's assets include strategic mining districts in various countries, offering potential for long-term growth and profitability.

Cons

Investors should be bearish about investing in Continental Resources, Inc. for these reasons:

Volatility in commodity prices could affect the company's profitability and stock performance, posing a risk to investors.
Continental Resources, Inc. operates in multiple regions with varying geopolitical risks, which may impact operations and financial results.
Fluctuations in global demand for metals and minerals could influence the company's revenue and earnings, leading to uncertainty for investors.
Environmental regulations and compliance costs in the mining industry may increase operational expenses for Continental Resources, Inc., affecting profitability.
Market competition and industry dynamics could pose challenges for Continental Resources, Inc. in maintaining its market position and growth trajectory.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 3, 2024. Please send any questions or comments about these Continental Resources pros and cons to contact@marketbeat.com.

CLR Stock Analysis - Frequently Asked Questions

How were Continental Resources' earnings last quarter?: Continental Resources, Inc. (NYSE:CLR) posted its quarterly earnings data on Wednesday, November, 3rd. The oil and natural gas company reported $1.20 earnings per share for the quarter, meeting the consensus estimate of $1.20. The oil and natural gas company earned $1.34 billion during the quarter, compared to analyst estimates of $1.40 billion. Continental Resources had a net margin of 40.29% and a trailing twelve-month return on equity of 43.58%. During the same quarter last year, the firm posted ($0.16) EPS.
Is Continental Resources a good dividend stock?: Continental Resources (NYSE:CLR) pays an annual dividend of $1.12 per share and currently has a dividend yield of 1.51%. The dividend payout ratio is 11.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CLR will have a dividend payout ratio of 10.14% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CLR.
When did Continental Resources' stock split?: Continental Resources's stock split before market open on Thursday, September 11th 2014. The 2-1 split was announced on Monday, August 18th 2014. The newly created shares were payable to shareholders after the market closes on Wednesday, September 10th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.
What is Harold G. Hamm's approval rating as Continental Resources' CEO?: 35 employees have rated Continental Resources Chief Executive Officer Harold G. Hamm on Glassdoor.com. Harold G. Hamm has an approval rating of 63% among the company's employees. This puts Harold G. Hamm in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Continental Resources own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Continental Resources investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Micron Technology (MU), Transocean (RIG), NIC (EGOV) and Och-Ziff Capital Management Group (OZM).
Does Continental Resources have any subsidiaries?: The following companies are subsidiares of Continental Resources: 20 Broadway Associates LLC, Banner Pipeline Company L.L.C., CLR Asset Holdings LLC, Flintlock Energy Inc., SFPG LLC, The Mineral Resources Company, The Mineral Resources Company II LLC, and Wall Industries.
Read More

This page (NYSE:CLR) was last updated on 4/16/2024 by MarketBeat.com Staff

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Continental Resources (CLR) Stock Price, News & Analysis

Continental Resources MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

Search Interest

Company Ownership

Earnings and Valuation

About Continental Resources Stock (NYSE:CLR)

CLR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Should I Buy Continental Resources Stock? CLR Pros and Cons Explained

Pros

Cons

CLR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™