About Continental Resources (NYSE:CLR)
Continental Resources, Inc. is a crude oil and natural gas 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 properties south of Nebraska and west of the Mississippi River including various plays in the South Central Oklahoma Oil Province (SCOOP), Sooner Trend Anadarko Canadian Kingfisher (STACK), and Arkoma Woodford areas of Oklahoma. The East region is consists of undeveloped leasehold acreage east of the Mississippi River with no drilling or production operations. As of December 31, 2016, its estimated proved reserves were 1,275 million barrels of oil equivalent (MMBoe), with estimated proved developed reserves of 519 MMBoe. As of December 31, 2016, its average daily production from South region properties was 91,088 barrels of oil equivalent (Boe) per day.
Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNYSE:CLR
CUSIP21201510
Phone405-234-9000
Debt
Debt-to-Equity Ratio1.24%
Current Ratio0.94%
Quick Ratio0.87%
Price-To-Earnings
Trailing P/E Ratio127.35
Forward P/E Ratio26.40
P/E GrowthN/A
Sales & Book Value
Annual Sales$3.12 billion
Price / Sales7.81
Cash Flow$5.0505 per share
Price / Cash12.86
Book Value$13.68 per share
Price / Book4.75
Profitability
EPS (Most Recent Fiscal Year)$0.51
Net Income$789.44 million
Net Margins25.30%
Return on Equity4.25%
Return on Assets1.37%
Miscellaneous
Employees1,127
Outstanding Shares375,220,000
Continental Resources (NYSE:CLR) Frequently Asked Questions
What is Continental Resources' stock symbol?
Continental Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLR."
When did Continental Resources' stock split? How did Continental Resources' stock split work?
Continental Resources shares 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.
How were Continental Resources' earnings last quarter?
Continental Resources, Inc. (NYSE:CLR) issued its quarterly earnings results on Wednesday, February, 21st. The oil and natural gas company reported $0.41 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.32 by $0.09. The oil and natural gas company earned $1.05 billion during the quarter, compared to analysts' expectations of $978.63 million. Continental Resources had a net margin of 25.30% and a return on equity of 4.25%. The business's revenue for the quarter was up 90.5% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.07) earnings per share. View Continental Resources' Earnings History.
When is Continental Resources' next earnings date?
What price target have analysts set for CLR?
27 Wall Street analysts have issued 1 year target prices for Continental Resources' stock. Their predictions range from $11.50 to $80.00. On average, they expect Continental Resources' stock price to reach $57.74 in the next twelve months. View Analyst Ratings for Continental Resources.
Who are some of Continental Resources' key competitors?
Some companies that are related to Continental Resources include Ecopetrol (EC), Canadian Natural Resources (CNQ), Anadarko Petroleum (APC), Pioneer Natural Resources (PXD), The Hong Kong and China Gas (HOKCY), Sasol (SSL), Concho Resources (CXO), Woodside Petroleum (WOPEY), Devon Energy (DVN), Noble Energy (NBL), RWE (RWEOY), Apache (APA), Toray Industries (TRYIY), Marathon Oil (MRO) and Galp (GLPEY).
Who are Continental Resources' key executives?
Continental Resources' management team includes the folowing people:
- Harold G. Hamm, Chairman of the Board, Chief Executive Officer (Age 71)
- Jack H. Stark, President (Age 62)
- John D. Hart, Chief Financial Officer, Senior Vice President, Treasurer (Age 49)
- Jeffrey B. Hume, Vice Chairman - Strategic Growth Initiatives (Age 65)
- Eric Spencer Eissenstat, Senior Vice President, Chief Risk Officer, General Counsel, Secretary (Age 59)
- Ramiro F. Rangel, Senior Vice President - Marketing (Age 60)
- Pat Bent, Senior Vice President - Drilling (Age 61)
- Gary E. Gould, Senior Vice President - Production and Resource Development (Age 52)
- Steven K. Owen, Senior Vice President - Land (Age 61)
- William B. Berry, Lead Independent Director
Has Continental Resources been receiving favorable news coverage?
Media headlines about CLR stock have been trending somewhat negative on Monday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Continental Resources earned a media sentiment score of -0.06 on Accern's scale. They also gave news articles about the oil and natural gas company an impact score of 44.77 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
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, Scottrade, Fidelity and Charles Schwab.
What is Continental Resources' stock price today?
One share of CLR stock can currently be purchased for approximately $64.95.
How big of a company is Continental Resources?
Continental Resources has a market capitalization of $23.95 billion and generates $3.12 billion in revenue each year. The oil and natural gas company earns $789.44 million in net income (profit) each year or $0.51 on an earnings per share basis. Continental Resources employs 1,127 workers across the globe.
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]
MarketBeat Community Rating for Continental Resources (CLR)
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.
Continental Resources (NYSE:CLR) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
27 Wall Street analysts have issued ratings and price targets for Continental Resources in the last 12 months. Their average twelve-month price target is $57.74, suggesting that the stock has a possible downside of 11.10%. The high price target for CLR is $80.00 and the low price target for CLR is $11.50. There are currently 8 hold ratings and 19 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.70 | 2.77 | 2.69 | 2.58 |
| Ratings Breakdown: | 0 Sell Rating(s)
8 Hold Rating(s)
19 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
6 Hold Rating(s)
20 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
8 Hold Rating(s)
18 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
9 Hold Rating(s)
16 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $57.74 | $56.74 | $50.4792 | $46.50 |
| Price Target Upside: | 11.10% downside | 5.31% upside | 10.69% downside | 24.63% upside |
Continental Resources (NYSE:CLR) Consensus Price Target History
Continental Resources (NYSE:CLR) Analyst Ratings History
Show:
(Data available from 4/23/2016 forward)
Continental Resources (NYSE:CLR) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Continental Resources (NYSE CLR) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 76.83%
Institutional Ownership Percentage: 22.46%
Continental Resources (NYSE CLR) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/21/2018 | Eric Spencer Eissenstat | SVP | Sell | 10,000 | $56.02 | $560,200.00 | |  |
| 3/15/2018 | John D. Hart | CFO | Sell | 15,000 | $53.13 | $796,950.00 | | |
| 3/5/2018 | Harold Hamm | CEO | Buy | 25,886 | $50.59 | $1,309,572.74 | | |
| 3/2/2018 | Harold Hamm | CEO | Buy | 31,995 | $48.74 | $1,559,436.30 | | |
| 2/27/2018 | Harold Hamm | CEO | Buy | 99,028 | $50.26 | $4,977,147.28 | | |
| 12/22/2017 | Gary E. Gould | SVP | Sell | 9,874 | $50.85 | $502,092.90 | | |
| 12/21/2017 | John D. Hart | CFO | Sell | 6,000 | $51.23 | $307,380.00 | | |
| 12/20/2017 | Gary E. Gould | SVP | Sell | 5,000 | $49.52 | $247,600.00 | | |
| 12/20/2017 | Jack H. Stark | President | Sell | 12,000 | $49.05 | $588,600.00 | | |
| 12/13/2017 | Mark E. Monroe | Director | Sell | 20,000 | $47.90 | $958,000.00 | | |
| 5/24/2017 | Harold Hamm | CEO | Buy | 36,452 | $42.05 | $1,532,806.60 | | |
| 3/28/2017 | Harold Hamm | CEO | Buy | 32,985 | $42.90 | $1,415,056.50 | | |
| 3/24/2017 | Harold Hamm | CEO | Buy | 41,998 | $42.37 | $1,779,455.26 | | |
| 3/17/2017 | John D. Hart | CFO | Sell | 6,000 | $45.50 | $273,000.00 | | |
| 2/28/2017 | John D. Hart | CFO | Sell | 12,000 | $45.01 | $540,120.00 | | |
| 12/20/2016 | John D. Hart | CFO | Sell | 3,000 | $52.03 | $156,090.00 | | |
| 11/30/2016 | Gary E. Gould | SVP | Sell | 7,500 | $58.20 | $436,500.00 | | |
| 11/22/2016 | Jack H. Stark | COO | Sell | 788 | $53.34 | $42,031.92 | | |
| 11/22/2016 | Steven K. Owen | SVP | Sell | 4,000 | $53.34 | $213,360.00 | | |
| 9/21/2016 | John D. Hart | CFO | Sell | 4,000 | $46.84 | $187,360.00 | | |
| 9/21/2016 | Steven K. Owen | SVP | Sell | 3,200 | $46.54 | $148,928.00 | | |
| 8/30/2016 | Gary E. Gould | SVP | Sell | 5,000 | $50.25 | $251,250.00 | | |
| 8/26/2016 | Jack H. Stark | COO | Sell | 12,000 | $49.24 | $590,880.00 | | |
| 6/23/2016 | Eric Spencer Eissenstat | SVP | Sell | 10,000 | $45.35 | $453,500.00 | | |
| 6/20/2016 | Glen A. Brown | SVP | Sell | 8,977 | $43.23 | $388,075.71 | | |
| 6/15/2016 | John D Hart | CFO | Sell | 13,500 | $42.42 | $572,670.00 | 310,211 | |
| 6/9/2016 | John D Hart | CFO | Sell | 2,500 | $43.22 | $108,050.00 | 320,211 | |
| 6/7/2016 | Eric Spencer Eissenstat | SVP | Sell | 10,000 | $43.32 | $433,200.00 | 173,136 | |
| 5/20/2016 | David L Boren | Director | Sell | 5,000 | $41.10 | $205,500.00 | 19,214 | |
| 5/20/2016 | Glen A Brown | SVP | Sell | 15,000 | $40.62 | $609,300.00 | 145,890 | |
| 5/10/2016 | Steven K Owen | SVP | Sell | 14,000 | $40.13 | $561,820.00 | 96,791 | |
| 11/6/2015 | John D Hart | CFO | Sell | 5,000 | $36.10 | $180,500.00 | 252,753 | |
| 5/12/2015 | John D Hart | CFO | Sell | 7,500 | $47.93 | $359,475.00 | | |
| 3/10/2015 | Harold Hamm | CEO | Buy | 139,621 | $42.97 | $5,999,514.37 | | |
| 12/15/2014 | John T Mcnabb II | Director | Buy | 2,000 | $32.72 | $65,440.00 | | |
| 12/3/2014 | William B Berry | Director | Buy | 15,000 | $40.20 | $603,000.00 | | |
| 9/22/2014 | Harold Hamm | CEO | Buy | 71,999 | $67.45 | $4,856,332.55 | | |
| 6/26/2014 | Steven K Owen | SVP | Sell | 4,000 | $154.95 | $619,800.00 | | |
| 6/4/2014 | David L Boren | Director | Sell | 2,833 | $142.42 | $403,475.86 | | |
| 5/20/2014 | Harold Hamm | CEO | Buy | 42,300 | $134.46 | $5,687,658.00 | 126,442,191 | |
| 3/18/2014 | Ellis Mccain | Director | Sell | 3,333 | $121.29 | $404,259.57 | 22,222 | |
| 3/18/2014 | Jack Stark | SVP | Sell | 5,000 | $121.16 | $605,800.00 | 83,863 | |
| 2/28/2014 | John Mcnabb II | Director | Buy | 1,000 | $118.67 | $118,670.00 | 13,500 | |
| 12/26/2013 | Edward Schafer | Director | Sell | 1,945 | $111.21 | $216,303.45 | 12,500 | |
| 12/20/2013 | Jack Stark | SVP | Sell | 5,000 | $111.89 | $559,450.00 | 64,363 | |
| 12/11/2013 | Harold Hamm | CEO | Buy | 41,000 | $102.20 | $4,190,200.00 | 126,337,891 | |
| 12/11/2013 | Winston Bott | COO | Buy | 1,500 | $101.28 | $151,920.00 | 87,053 | |
| 9/18/2013 | Richard Muncrief | SVP | Sell | 3,500 | $100.89 | $353,115.00 | 71,783 | |
| 9/17/2013 | Eric Spencer Eissenstat | SVP | Sell | 2,000 | $101.28 | $202,560.00 | 52,299 | |
| 9/17/2013 | John Hart | CFO | Sell | 3,000 | $101.04 | $303,120.00 | 101,829 | |
| 9/13/2013 | Jack Stark | SVP | Sell | 12,000 | $100.96 | $1,211,520.00 | 73,311 | |
| 5/10/2013 | David L Boren | Director | Sell | 3,333 | $81.48 | $271,572.84 | | |
| 3/22/2013 | Winston F Bott | COO | Buy | 1,500 | $85.59 | $128,385.00 | | |
| 12/27/2012 | John D Hart | CFO | Sell | 2,500 | $72.78 | $181,950.00 | | |
| 12/26/2012 | Jeff B Hume | Chairman | Sell | 62,398 | $73.17 | $4,565,661.66 | | |
| 12/24/2012 | Richard E Muncrief | SVP | Sell | 2,000 | $73.44 | $146,880.00 | | |
| 11/12/2012 | John T Mcnabb II | Director | Sell | 7,666 | $69.94 | $536,160.04 | | |
(Data available from 1/1/2013 forward)
Continental Resources (NYSE CLR) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Continental Resources (CLR) PT Set at $80.00 by SunTrust Banks
www.americanbankingnews.com - April 23 at 9:48 AM |
| Morgan Stanley Boosts Continental Resources (CLR) Price Target to $77.00
www.americanbankingnews.com - April 20 at 10:25 AM |
| Analysts Offer Predictions for Continental Resources, Inc.'s Q1 2018 Earnings (CLR)
www.americanbankingnews.com - April 20 at 7:26 AM |
| Analysts Expect Continental Resources, Inc. (CLR) Will Post Quarterly Sales of $1.07 Billion
www.americanbankingnews.com - April 20 at 1:04 AM |
| Brokers Set Expectations for Continental Resources, Inc.'s Q1 2019 Earnings (CLR)
www.americanbankingnews.com - April 19 at 7:12 AM |
| Analysts Expect Continental Resources, Inc. (CLR) to Post $0.60 EPS
www.americanbankingnews.com - April 18 at 11:22 PM |
| Continental Resources (CLR) Downgraded by Zacks Investment Research
www.americanbankingnews.com - April 18 at 9:10 PM |
| Continental Resources (CLR) Downgraded by KLR Group to Hold
www.americanbankingnews.com - April 18 at 9:51 AM |
| Brokers Issue Forecasts for Continental Resources, Inc.'s Q1 2018 Earnings (CLR)
www.americanbankingnews.com - April 16 at 1:37 AM |
| Brokers Set Expectations for Continental Resources, Inc.'s Q1 2018 Earnings (CLR)
www.americanbankingnews.com - April 16 at 1:36 AM |
| Continental Resources (CLR) Lowered to Strong Sell at BidaskClub
www.americanbankingnews.com - April 15 at 1:49 PM |
| BidaskClub Upgrades Continental Resources (CLR) to "Sell"
www.americanbankingnews.com - April 14 at 8:29 AM |
| Royal Bank of Canada Reaffirms "Buy" Rating for Continental Resources (CLR)
www.americanbankingnews.com - April 13 at 10:37 AM |
| FY2018 EPS Estimates for Continental Resources, Inc. Reduced by Piper Jaffray (CLR)
www.americanbankingnews.com - April 13 at 9:28 AM |
| Continental Resources, Inc. (CLR) to Post Q2 2018 Earnings of $0.61 Per Share, Capital One Financial Forecasts
www.americanbankingnews.com - April 13 at 8:51 AM |
| Continental Resources (CLR) Downgraded by Goldman Sachs to Neutral
www.americanbankingnews.com - April 12 at 10:45 AM |
| Piper Jaffray Analysts Give Continental Resources (CLR) a $67.00 Price Target
www.americanbankingnews.com - April 12 at 10:19 AM |
 | Diamondback Energy's Q1 Production Surges, Beats Estimates
finance.yahoo.com - April 11 at 5:25 PM |
| Continental Resources (CLR) PT Set at $37.00 by Barclays
www.americanbankingnews.com - April 10 at 8:23 PM |
| Continental Resources (CLR) Given a $36.00 Price Target at BMO Capital Markets
www.americanbankingnews.com - April 9 at 7:30 PM |
| Aramco Taps TechnipFMC & Honeywell for Petrochemical Foray
finance.yahoo.com - April 9 at 5:16 PM |
| Morgan Stanley Raises Continental Resources (CLR) Price Target to $51.00
www.americanbankingnews.com - April 6 at 3:01 PM |
| FY2018 Earnings Estimate for Continental Resources, Inc. (CLR) Issued By Seaport Global Securities
www.americanbankingnews.com - April 5 at 9:03 AM |
| Continental Resources, Inc. (CLR) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - April 4 at 9:34 PM |
| Brokers Offer Predictions for Continental Resources, Inc.'s Q1 2018 Earnings (CLR)
www.americanbankingnews.com - April 4 at 7:58 AM |
| Continental Resources To Announce First Quarter 2018 Results On Wednesday, May 2, 2018
finance.yahoo.com - April 3 at 5:30 PM |
 | Active-Investors: Free Post Earnings Research Report: Continental's Quarterly Revenues Soared 91%; Turned Profitable on Adjusted Basis
www.finanznachrichten.de - April 3 at 8:30 AM |
| The Bakken Is Booming Once Again
finance.yahoo.com - April 3 at 8:30 AM |
| Free Post Earnings Research Report: Continental’s Quarterly Revenues Soared 91%; Turned Profitable on Adjusted Basis
finance.yahoo.com - April 3 at 8:30 AM |
| Zacks: Brokerages Expect Continental Resources, Inc. (CLR) Will Announce Quarterly Sales of $1.06 Billion
www.americanbankingnews.com - April 3 at 2:08 AM |
| Zacks: Analysts Anticipate Continental Resources, Inc. (CLR) Will Announce Earnings of $0.57 Per Share
www.americanbankingnews.com - April 1 at 11:26 PM |
| Morgan Stanley Boosts Continental Resources (CLR) Price Target to $56.00
www.americanbankingnews.com - April 1 at 10:17 AM |
| Continental Resources (CLR) PT Raised to $53.00
www.americanbankingnews.com - April 1 at 10:13 AM |
| Continental Resources (CLR) Upgraded by Imperial Capital to Outperform
www.americanbankingnews.com - March 31 at 8:50 PM |
| Royal Bank of Canada Boosts Continental Resources (CLR) Price Target to $51.00
www.americanbankingnews.com - March 31 at 6:34 PM |
| Continental Resources' (CLR) "Buy" Rating Reiterated at Piper Jaffray
www.americanbankingnews.com - March 29 at 10:16 PM |
| Continental Resources Announces Forthcoming Departure Of Jim Gallogly From Board Of Directors
finance.yahoo.com - March 29 at 5:25 PM |
| Continental Resources (CLR) Given a $68.00 Price Target by Stifel Nicolaus Analysts
www.americanbankingnews.com - March 29 at 3:37 PM |
| Continental Resources (CLR) Raised to B at TheStreet
www.americanbankingnews.com - March 28 at 10:50 AM |
 | Can the Rally in Continental Resources (CLR) Shares Continue? March 26, 2018
www.zacks.com - March 28 at 8:33 AM |
| Continental Resources (CLR) Downgraded by UBS
www.americanbankingnews.com - March 27 at 7:25 PM |
| Continental Resources (CLR) Stock Rating Reaffirmed by Susquehanna Bancshares
www.americanbankingnews.com - March 27 at 6:16 PM |
| Continental Resources (CLR) Downgraded by KLR Group
www.americanbankingnews.com - March 26 at 7:09 PM |
| Continental Resources (CLR) Given a $65.00 Price Target by Credit Suisse Group Analysts
www.americanbankingnews.com - March 26 at 6:30 PM |
| Why Continental Resources (CLR) Could Be Positioned for a Surge
www.zacks.com - March 26 at 8:28 AM |
| Continental Resources (CLR) Coverage Initiated at B. Riley
www.americanbankingnews.com - March 25 at 11:52 AM |
| 3 Strong Oil Picks for a Volatile Stock Market
finance.yahoo.com - March 24 at 8:55 AM |
| Continental Resources (CLR) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - March 23 at 11:22 PM |
| Continental Resources, Inc. (CLR) SVP Sells $560,200.00 in Stock
www.americanbankingnews.com - March 23 at 7:14 PM |
| Continental Resources (CLR) Catches Eye: Stock Jumps 7.1%
finance.yahoo.com - March 22 at 5:31 PM |
Continental Resources (NYSE:CLR) SEC Filings
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Continental Resources (NYSE:CLR) Income Statement, Balance Sheet and Cash Flow Statement
Continental Resources (NYSE CLR) Stock Chart for Monday, April, 23, 2018
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