Continental Resources Stock Forecast, Price & News

Continental Resources' stock was trading at $8.78 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CLR shares have increased by 116.6% and is now trading at $19.02.
View which stocks have been most impacted by COVID-19.

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last twelve months. There are currently 3 sell ratings, 17 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Continental Resources stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CLR, but not buy additional shares or sell existing shares.
View analyst ratings for Continental Resources or view MarketBeat's top 5 stock picks.

Wall Street analysts have given Continental Resources a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Continental Resources wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

35 employees have rated Continental Resources CEO Harold G. Hamm on Glassdoor.com. Harold G. Hamm has an approval rating of 63% among Continental Resources' employees. This puts Harold G. Hamm in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Continental Resources is scheduled to release its next quarterly earnings announcement on Tuesday, February 16th 2021.
View our earnings forecast for Continental Resources.

Continental Resources will be holding an earnings conference call on Tuesday, February 16th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Continental Resources, Inc. (NYSE:CLR) released its quarterly earnings results on Thursday, November, 5th. The oil and natural gas company reported ($0.16) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.24) by $0.08. The oil and natural gas company had revenue of $692.37 million for the quarter, compared to analyst estimates of $626.17 million. Continental Resources had a negative net margin of 10.54% and a negative trailing twelve-month return on equity of 2.05%. The business's quarterly revenue was down 37.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.54 earnings per share.
View Continental Resources' earnings history.

Continental Resources announced a quarterly dividend on Monday, January 27th. Stockholders of record on Friday, February 7th will be paid a dividend of $0.05 per share on Friday, February 21st. This represents a $0.20 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend is Thursday, February 6th.
View Continental Resources' dividend history.

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

25 Wall Street analysts have issued 1-year price objectives for Continental Resources' shares. Their forecasts range from $5.50 to $30.00. On average, they expect Continental Resources' stock price to reach $16.55 in the next year. This suggests that the stock has a possible downside of 13.0%.
View analysts' price targets for Continental Resources or view Wall Street analyst' top-rated stocks.

Some companies that are related to Continental Resources include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Diamondback Energy (FANG), Cabot Oil & Gas (COG), Devon Energy (DVN), Marathon Oil (MRO), WPX Energy (WPX), Cimarex Energy (XEC), EQT (EQT), PDC Energy (PDCE), Range Resources (RRC), Southwestern Energy (SWN) and Matador Resources (MTDR).
View all of CLR's competitors.

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 Co. (ATH.TO) (ATH), Micron Technology (MU), Transocean (RIG), NIC (EGOV) and Och-Ziff Capital Management Group (OZM).

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

Continental Resources' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Avantax Advisory Services Inc. (0.02%), State of Alaska Department of Revenue (0.01%), NuWave Investment Management LLC (0.00%) and Sowell Financial Services LLC (0.00%). Company insiders that own Continental Resources stock include Eric Spencer Eissenstat, Harold Hamm, Jack H Stark, John D Hart, John T Mcnabb II, Steven K Owen, Timothy Garth Taylor and William B Berry.
View institutional ownership trends for Continental Resources.

CLR stock was sold by a variety of institutional investors in the last quarter, including NuWave Investment Management LLC, and Avantax Advisory Services Inc..
View insider buying and selling activity for Continental Resources or view top insider-selling stocks.

CLR stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and Sowell Financial Services LLC. Company insiders that have bought Continental Resources stock in the last two years include Harold Hamm, John D Hart, John T Mcnabb II, Steven K Owen, Timothy Garth Taylor, and William B Berry.
View insider buying and selling activity for Continental Resources or or view top insider-buying stocks.

Shares of CLR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of CLR stock can currently be purchased for approximately $19.02.

Continental Resources has a market capitalization of $6.95 billion and generates $4.63 billion in revenue each year. The oil and natural gas company earns $775.64 million in net income (profit) each year or $2.25 on an earnings per share basis. Continental Resources employs 1,260 workers across the globe.

The official website for Continental Resources is 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]