Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties 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, 2016, its estimated proved reserves were 1,331 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 602 MMBoe. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNYSE:CLR
CUSIP21201510
Phone405-234-9000
Debt
Debt-to-Equity Ratio1.10
Current Ratio0.97
Quick Ratio0.89
Price-To-Earnings
Trailing P/E Ratio119.47
Forward P/E Ratio19.28
P/E Growth1.76
Sales & Book Value
Annual Sales$3.12 billion
Price / Sales7.34
Cash Flow$4.4281 per share
Price / Cash13.76
Book Value$13.68 per share
Price / Book4.45
Profitability
EPS (Most Recent Fiscal Year)$0.51
Net Income$789.44 million
Net Margins32.80%
Return on Equity14.01%
Return on Assets4.98%
Miscellaneous
Employees1,127
Outstanding Shares376,030,000
Market Cap$25.68 billion
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's stock split on the morning of Thursday, September 11th 2014. The 2-1 split was announced on Monday, August 18th 2014. The newly issued 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 were Continental Resources' earnings last quarter?
Continental Resources, Inc. (NYSE:CLR) released its quarterly earnings results on Tuesday, August, 7th. The oil and natural gas company reported $0.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.71 by $0.02. The oil and natural gas company earned $1.14 billion during the quarter, compared to the consensus estimate of $1.13 billion. Continental Resources had a return on equity of 14.01% and a net margin of 32.80%. View Continental Resources' Earnings History.
When is Continental Resources' next earnings date?
How can I listen to Continental Resources' earnings call?
Continental Resources will be holding an earnings conference call on Tuesday, October 30th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8443096572.
What price target have analysts set for CLR?
30 analysts have issued 12 month price objectives for Continental Resources' shares. Their predictions range from $55.00 to $90.00. On average, they expect Continental Resources' share price to reach $72.3704 in the next twelve months. This suggests a possible upside of 18.8% from the stock's current price. View Analyst Price Targets for Continental Resources.
What is the consensus analysts' recommendation for Continental Resources?
30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 9 hold ratings and 21 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Continental Resources.
Who are some of Continental Resources' key competitors?
Some companies that are related to Continental Resources include CNOOC (CEO), PETROLEO BRASIL/ADR (PBR), EOG Resources (EOG), ENI (E), PETROLEO BRASIL/S (PBR.A), Occidental Petroleum (OXY), Ecopetrol (EC), Canadian Natural Resource (CNQ), Anadarko Petroleum (APC), The Hong Kong and China Gas (HOKCY), Concho Resources (CXO), Pioneer Natural Resources (PXD), WOODSIDE Pet Lt/ADR (WOPEY), Sasol (SSL) and Devon Energy (DVN).
Who are Continental Resources' key executives?
Continental Resources' management team includes the folowing people:
- Mr. Harold G. Hamm LLM, Exec. Chairman & CEO (Age 72)
- Mr. Jack H. Stark, Pres (Age 63)
- Mr. John D. Hart, Sr. VP, CFO & Treasurer (Age 50)
- Mr. Eric S. Eissenstat, Sr. VP, Gen. Counsel, Chief Risk Officer & Sec. (Age 60)
- Mr. Gary E. Gould, Sr. VP of Production & Resource Devel. (Age 53)
Who are Continental Resources' major shareholders?
Continental Resources' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Gateway Investment Advisers LLC (0.08%), Windward Capital Management Co. CA (0.04%), Bank of Montreal Can (0.04%), Viking Fund Management LLC (0.02%), Nisa Investment Advisors LLC (0.02%) and Barometer Capital Management Inc. (0.01%). 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, Mark E Monroe and Steven K Owen. View Institutional Ownership Trends for Continental Resources.
Which institutional investors are selling Continental Resources stock?
CLR stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Viking Fund Management LLC, Gateway Investment Advisers LLC and Windward Capital Management Co. CA. Company insiders that have sold Continental Resources company stock in the last year include Ellis L Mccain, Eric Spencer Eissenstat, Gary E Gould, Jack H Stark, John D Hart, John T Mcnabb II, Mark E Monroe and Steven K Owen. View Insider Buying and Selling for Continental Resources.
Which institutional investors are buying Continental Resources stock?
CLR stock was acquired by a variety of institutional investors in the last quarter, including Barometer Capital Management Inc., DNB Asset Management AS, Chesley Taft & Associates LLC, Iberiabank Corp, Jaffetilchin Investment Partners LLC, Deprince Race & Zollo Inc. and Nisa Investment Advisors LLC. View Insider Buying and Selling for Continental Resources.
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 $60.93.
How big of a company is Continental Resources?
Continental Resources has a market capitalization of $25.68 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.
What is Continental Resources' official website?
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 (NYSE 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.
