NYSE:CLR - Continental Resources Stock Price, Forecast & News

Continental Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLR."

Continental Resources declared a quarterly dividend on Monday, June 3rd. Investors of record on Thursday, November 7th will be paid a dividend of $0.05 per share on Thursday, November 21st. This represents a $0.20 annualized dividend and a yield of 0.61%. The ex-dividend date is Wednesday, November 6th. View Continental Resources' Dividend History.

Continental Resources's stock split on the morning of Thursday, September 11th 2014. The 2-1 split was announced on Monday, August 18th 2014. The newly created shares were issued to shareholders after the market closes 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.

Continental Resources declared that its Board of Directors has initiated a share buyback program on Monday, June 3rd 2019, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 7.6% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

Continental Resources, Inc. (NYSE:CLR) posted its earnings results on Wednesday, October, 30th. The oil and natural gas company reported $0.54 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.44 by $0.10. The oil and natural gas company earned $1.10 billion during the quarter, compared to the consensus estimate of $1.08 billion. Continental Resources had a net margin of 17.00% and a return on equity of 12.49%. Continental Resources's quarterly revenue was down 13.9% compared to the same quarter last year. During the same period last year, the firm earned $0.90 earnings per share. View Continental Resources' Earnings History.

Continental Resources is scheduled to release their next quarterly earnings announcement on Monday, February 17th 2020. View Earnings Estimates for Continental Resources.

21 equities research analysts have issued 1-year price objectives for Continental Resources' shares. Their forecasts range from $7.00 to $70.00. On average, they expect Continental Resources' stock price to reach $44.74 in the next year. This suggests a possible upside of 37.0% from the stock's current price. View Analyst Price Targets for Continental Resources.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 1 sell rating, 6 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Continental Resources.

Media stories about CLR stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Continental Resources earned a daily sentiment score of 1.5 on InfoTrie's scale. They also assigned press coverage about the oil and natural gas company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Continental Resources.

Continental Resources saw a drop in short interest during the month of December. As of December 31st, there was short interest totalling 4,660,000 shares, a drop of 18.4% from the December 15th total of 5,710,000 shares. Based on an average trading volume of 2,190,000 shares, the short-interest ratio is currently 2.1 days. Approximately 5.7% of the company's shares are short sold. View Continental Resources' Current Options Chain.

Some companies that are related to Continental Resources include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Diamondback Energy (FANG), Apache (APA), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS), EQT (EQT) and Matador Resources (MTDR).

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), NIC (EGOV), Transocean (RIG) and Och-Ziff Capital Management Group (OZM).

Continental Resources' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Gateway Investment Advisers LLC (0.11%), Nisa Investment Advisors LLC (0.03%), MorganRosel Wealth Management LLC (0.01%), Assenagon Asset Management S.A. (0.01%), Cerebellum GP LLC (0.00%) and IFM Investors Pty Ltd (0.00%). Company insiders that own Continental Resources stock include Ellis L Mccain, Eric Spencer Eissenstat, Gary E Gould, Harold Hamm, Jack H Stark, John D Hart, John T Mcnabb II and Steven K Owen. View Institutional Ownership Trends for Continental Resources.

CLR stock was sold by a variety of institutional investors in the last quarter, including Raymond James Trust N.A., Steward Partners Investment Advisory LLC, IFM Investors Pty Ltd and MorganRosel Wealth Management LLC. Company insiders that have sold Continental Resources company stock in the last year include Eric Spencer Eissenstat, Harold Hamm and Jack H Stark. View Insider Buying and Selling for Continental Resources.

CLR stock was bought by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, Nisa Investment Advisors LLC, Assenagon Asset Management S.A., State of Alaska Department of Revenue, Cerebellum GP LLC and Hexavest Inc.. Company insiders that have bought Continental Resources stock in the last two years include Harold Hamm and John T Mcnabb II. View Insider Buying and Selling for 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.

One share of CLR stock can currently be purchased for approximately $32.66.

Continental Resources has a market capitalization of $12.13 billion and generates $4.71 billion in revenue each year. The oil and natural gas company earns $988.31 million in net income (profit) each year or $2.84 on an earnings per share basis. Continental Resources employs 1,221 workers across the globe.View Additional Information About Continental Resources.

The official website for Continental Resources is http://www.clr.com/.

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]