NYSE:CLR Continental Resources Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Continental Resources, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $12.32 -0.50 (-3.90 %) (As of 09/29/2020 12:00 AM ET) Add Compare Share Today's Range$11.93Now: $12.32▼$12.8550-Day Range$12.56MA: $15.79▼$18.6752-Week Range$6.90Now: $12.32▼$36.20Volume3.46 million shsAverage Volume5.02 million shsMarket Capitalization$4.50 billionP/E RatioN/ADividend YieldN/ABeta3.41 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties primarily in the north, south, and east regions of the United States. The company sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. As of December 31, 2018, its proved reserves were 1,522 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 675 MMBoe. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.Read More Beat the Market (BTM) Rank™ 4.0 Analyst's Opinion Consensus RatingContinental Resources has received a consensus rating of Hold. The company's average rating score is 1.92, and is based on 4 buy ratings, 16 hold ratings, and 6 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.11, Continental Resources has a forecasted upside of 47.0% from its current price of $12.32.Amount of Analyst CoverageContinental Resources has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.7 Community Rank Outperform VotesContinental Resources has received 1,145 “outperform” votes. (Add your “outperform” vote.)Underperform VotesContinental Resources has received 981 “underperform” votes. (Add your “underperform” vote.)Community SentimentContinental Resources has received 53.86% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Continental Resources and other stocks. Vote “Outperform” if you believe CLR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CLR will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldContinental Resources does not currently pay a dividend.Dividend GrowthContinental Resources does not have a long track record of dividend growth. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Continental Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $69,566,543.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders79.60% 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 InstitutionsOnly 16.73% of the stock of Continental Resources is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Continental Resources are expected to grow in the coming year, from ($1.10) to $0.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Continental Resources is -58.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Continental Resources is -58.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioContinental Resources has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.0Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.38 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNYSE:CLR Previous Symbol CUSIP21201510 CIK732834 Webwww.clr.com Phone405-234-9000Debt Debt-to-Equity Ratio0.87 Current Ratio0.70 Quick Ratio0.59Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$4.63 billion Price / Sales0.97 Cash Flow$7.47 per share Price / Cash Flow1.65 Book Value$19.14 per share Price / Book0.64Profitability EPS (Most Recent Fiscal Year)$2.25 Net Income$775.64 million Net Margins-2.17% Return on Equity1.75% Return on Assets0.77%Miscellaneous Employees1,260 Outstanding Shares365,129,000Market Cap$4.50 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $12.32 -0.50 (-3.90 %) (As of 09/29/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CLR News and Ratings via Email Sign-up to receive the latest news and ratings for CLR and its competitors with MarketBeat's FREE daily newsletter. Continental Resources (NYSE:CLR) Frequently Asked Questions How has Continental Resources' stock price been impacted by Coronavirus? Continental Resources' stock was trading at $8.78 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CLR shares have increased by 40.3% and is now trading at $12.32. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Continental Resources? 26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 6 sell ratings, 16 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Continental Resources. When is Continental Resources' next earnings date? Continental Resources is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Continental Resources. How were Continental Resources' earnings last quarter? Continental Resources, Inc. (NYSE:CLR) posted its earnings results on Monday, August, 3rd. The oil and natural gas company reported ($0.71) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.63) by $0.08. The oil and natural gas company earned $175.90 million during the quarter, compared to analyst estimates of $250.07 million. Continental Resources had a negative net margin of 2.17% and a positive return on equity of 1.75%. The company's revenue was down 85.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.59 EPS. View Continental Resources' earnings history. How often does Continental Resources pay dividends? What is the dividend yield for Continental Resources? Continental Resources announced a quarterly dividend on Monday, January 27th. Stockholders of record on Friday, February 7th will be given a dividend of $0.05 per share on Friday, February 21st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date of this dividend is Thursday, February 6th. View Continental Resources' dividend history. When did Continental Resources' stock split? How did Continental Resources' stock split work? Shares of Continental Resources split on the morning of Thursday, September 11th 2014. The 2-1 split was announced on Monday, August 18th 2014. The newly minted shares were issued to shareholders after the closing bell on Wednesday, September 10th 2014. An investor that had 100 shares of Continental Resources stock prior to the split would have 200 shares after the split. How will Continental Resources' stock buyback program work? Continental Resources declared that its board has authorized a share repurchase plan on Monday, June 3rd 2019, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 7.6% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its shares are undervalued. What price target have analysts set for CLR? 26 brokers have issued 12-month target prices for Continental Resources' stock. Their forecasts range from $5.50 to $40.00. On average, they expect Continental Resources' share price to reach $18.11 in the next year. This suggests a possible upside of 47.0% from the stock's current price. View analysts' price targets for Continental Resources. Who are some of Continental Resources' key competitors? Some companies that are related to Continental Resources include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Noble Energy (NBL), Devon Energy (DVN), Apache (APA), Marathon Oil (MRO), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC), Range Resources (RRC) and Whiting Petroleum (WLL). View all competitors. 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 CA (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). Who are Continental Resources' key executives? Continental Resources' management team includes the following people: Mr. Harold G. Hamm LLM, Exec. Chairman & CEO (Age 73)Mr. Jack H. Stark, Pres (Age 64)Mr. John D. Hart, Sr. VP, CFO & Treasurer (Age 51)Mr. Patrick W. Bent, Sr. VP of Drilling (Age 63)Ms. Shelly Lambertz, VP of HR & Director (Age 52) What is Continental Resources' stock symbol? Continental Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLR." How do I buy shares of Continental Resources? Shares of CLR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Continental Resources' stock price today? One share of CLR stock can currently be purchased for approximately $12.32. How big of a company is Continental Resources? Continental Resources has a market capitalization of $4.50 billion and generates $4.63 billion in revenue each year. The oil and natural gas company earns $775.64 million in net income (profit) each year or $2.25 on an earnings per share basis. Continental Resources employs 1,260 workers across the globe. What is Continental Resources' official website? The official website for Continental Resources is www.clr.com. How can I contact Continental Resources? Continental Resources' mailing address is 20 NORTH BROADWAY, OKLAHOMA CITY OK, 73102. The oil and natural gas company can be reached via phone at 405-234-9000 or via email at [email protected] This page was last updated on 9/29/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
