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

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$44.04 -0.96 (-2.13 %)
(As of 02/22/2019 06:49 AM ET)
Previous Close$45.00
Today's Range$43.78 - $45.12
52-Week Range$35.54 - $71.95
Volume2.96 million shs
Average Volume2.62 million shs
Market Capitalization$16.56 billion
P/E Ratio15.51
Dividend YieldN/A
Beta1.5
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.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
CUSIP21201510
Phone405-234-9000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.71 billion
Cash Flow$7.6194 per share
Book Value$17.08 per share

Profitability

Net Income$789.44 million

Miscellaneous

Employees1,127
Market Cap$16.56 billion
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable

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 before market open on Thursday, September 11th 2014. The 2-1 split was announced on Monday, August 18th 2014. The newly issued shares were distributed 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) posted its earnings results on Monday, February, 18th. The oil and natural gas company reported $0.54 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.61 by $0.07. The oil and natural gas company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.17 billion. Continental Resources had a net margin of 20.99% and a return on equity of 18.28%. Continental Resources's quarterly revenue was up 9.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.41 EPS. View Continental Resources' Earnings History.

When is Continental Resources' next earnings date?

Continental Resources is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Continental Resources.

What price target have analysts set for CLR?

38 brokerages have issued 12-month price targets for Continental Resources' stock. Their predictions range from $49.00 to $90.00. On average, they anticipate Continental Resources' share price to reach $68.2143 in the next year. This suggests a possible upside of 54.9% from the stock's current price. View Analyst Price Targets for Continental Resources.

What is the consensus analysts' recommendation for Continental Resources?

38 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 5 hold ratings and 33 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Continental Resources.

Has Continental Resources been receiving favorable news coverage?

News headlines about CLR stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Continental Resources earned a news sentiment score of 1.4 on InfoTrie's scale. They also gave news coverage about the oil and natural gas company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Who are some of Continental Resources' key 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 Endologix (ELGX), CA (CA), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), BlackRock (BLK), Micron Technology (MU), Transocean (RIG), Apache (APA), Athabasca Oil (ATH) and AutoZone (AZO).

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 many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (1.32%), Bank of New York Mellon Corp (0.32%), Two Sigma Advisers LP (0.27%), Bank of America Corp DE (0.27%), Two Sigma Investments LP (0.27%) and Northern Trust Corp (0.22%). 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 major investors are selling Continental Resources stock?

CLR stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., KBC Group NV, Two Sigma Advisers LP, Raymond James & Associates, Perella Weinberg Partners Capital Management LP, Two Sigma Investments LP, Bank of America Corp DE and Raymond James Financial Services Advisors Inc.. Company insiders that have sold Continental Resources company stock in the last year include Ellis L Mccain, Eric Spencer Eissenstat, Gary E Gould, John D Hart, John T Mcnabb II and Steven K Owen. View Insider Buying and Selling for Continental Resources.

Which major investors are buying Continental Resources stock?

CLR stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Brandywine Global Investment Management LLC, TD Asset Management Inc., Miller Howard Investments Inc. NY, Aviva PLC, Denali Advisors LLC, Squarepoint Ops LLC and BP Capital Fund 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 $44.04.

How big of a company is Continental Resources?

Continental Resources has a market capitalization of $16.56 billion and generates $4.71 billion in revenue each year. The oil and natural gas company earns $789.44 million in net income (profit) each year or $2.84 on an earnings per share basis. Continental Resources employs 1,127 workers across the globe.

What is Continental Resources' official website?

The official website for Continental Resources is http://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]


MarketBeat Community Rating for Continental Resources (NYSE CLR)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  953 (Vote Outperform)
Underperform Votes:  765 (Vote Underperform)
Total Votes:  1,718
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.
This page was last updated on 2/22/2019 by MarketBeat.com Staff

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