NYSE:CLR

Continental Resources (CLR) Stock Price, News & Analysis

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

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.

1.03 out of 5 stars

Oils/Energy Sector

217th out of 240 stocks

Crude Petroleum & Natural Gas Industry

70th out of 77 stocks

CLR stock logo

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.

CLR Stock News Headlines

Protect Yourself While There’s Still Time …
The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.
Continental To Layoff 7,150 Jobs Worldwide
Protect Yourself While There’s Still Time …
The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.
Lion-Phillip S-REIT ETF (CLR.SI)
Continental Resources gets new CEO
Continental Resources to gets new CEO
Continental Resources Inc. Q3 Profit Increases, but misses estimates
CONTINENTAL RESOURCES ANNOUNCES 3Q22 RESULTS
See More Headlines
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Company Calendar

Last Earnings
11/03/2021
Today
4/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
21201510
Employees
1,254
Year Founded
1967

Profitability

Net Income
$1.66 billion
Pretax Margin
53.35%

Debt

Sales & Book Value

Annual Sales
$5.72 billion
Book Value
$28.41 per share

Miscellaneous

Free Float
150,399,000
Market Cap
$26.96 billion
Optionable
Optionable
Beta
2.32

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Key Executives

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 EPS for the quarter, meeting the consensus estimate of $1.20. The oil and natural gas company had revenue of $1.34 billion for the quarter, compared to analysts' expectations 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 period in the previous 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 shares 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 distributed to shareholders after the closing bell 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?
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 4/27/2024 by MarketBeat.com Staff

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