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NYSE:CLR

Continental Resources - CLR Stock Forecast, Price & News

Add
Compare
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
$72.82

Continental Resources MarketRank™ Forecast

Analyst Rating
Hold
2.07 Rating Score
Upside/​Downside
∞ Upside
$72.82 Price Target
Short Interest
Healthy
3.33% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-8.25
Upright™ Environmental Score
News Sentiment
0.17mentions of Continental Resources in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-1.52%
From $11.22 to $11.05 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.36 out of 5 stars

Oils/Energy Sector

101st out of 246 stocks

Crude Petroleum & Natural Gas Industry

46th out of 78 stocks

CLR stock logo

About Continental Resources (NYSE:CLR) Stock

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.

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CLR Stock News Headlines

Continental Resources to gets new CEO
"TAKE THAT, CHINA!" USA Gains in EV Battery Arms Race
Did you know each electric car battery requires 220 pounds of graphite – more than lithium, copper, or aluminum? China enjoyed a "near monopoly" in this vital ingredient... until the U.S. made a blockbuster announcement. Now one little-known company is set to play a crucial role in the booming $7 trillion EV revolution.
Minerals for Green Revolution a Massive Investor Opportunity
Demand for critical minerals needed to power green energy is expected to soar up to 40 times. China controls up to 90% of the desperately-needed supply and could throw the U.S. back into the stone age if it bans exports. One company is in hot pursuit of domestic sources with potentially big discoveries on the horizon.
Continental Resources Inc. Q3 Profit Increases, but misses estimates
CONTINENTAL RESOURCES ANNOUNCES 3Q22 RESULTS
First Week of CLR January 2025 Options Trading
5 Analysts Have This to Say About Continental Resources
Brent Crude Drops Below $90 On Recession Fears
Continental Resources Acquisition Faces Pushback
See More Headlines

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CLR Company Calendar

Last Earnings
11/02/2022
Today
12/08/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/13/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$72.82
High Stock Price Forecast
$95.00
Low Stock Price Forecast
$61.00
Consensus Rating
Hold
Rating Score (0-4)
2.07
Research Coverage
14 Analysts

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

Social Links


Key Executives

  • William B. Berry
    Chief Executive Officer & Director
  • Doug Lawler
    President & Chief Operating Officer
  • John D. HartJohn D. Hart
    Chief Financial Officer & EVP-Strategic Planning
  • Joe Davis
    Chief Information Officer & Vice President
  • James R. Webb
    Secretary, Chief Risk Officer & Senior VP













CLR Stock - Frequently Asked Questions

Should I buy or sell Continental Resources stock right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 2 sell ratings, 9 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CLR shares. 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 CLR analyst ratings
or view top-rated stocks.

What is Continental Resources' stock price forecast for 2023?

14 equities research analysts have issued 1 year target prices for Continental Resources' shares. Their CLR share price forecasts range from $61.00 to $95.00. On average, they expect the company's stock price to reach $72.82 in the next year.
View analysts price targets for CLR
or view top-rated stocks among Wall Street analysts.

Are investors shorting Continental Resources?

Continental Resources saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 4,460,000 shares, an increase of 18.3% from the October 15th total of 3,770,000 shares. Based on an average trading volume of 2,670,000 shares, the short-interest ratio is currently 1.7 days. Currently, 3.3% of the company's stock are sold short.
View Continental Resources' Short Interest
.

When is Continental Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 13th 2023.
View our CLR earnings forecast
.

How were Continental Resources' earnings last quarter?

Continental Resources, Inc. (NYSE:CLR) announced its quarterly earnings data on Wednesday, November, 2nd. The oil and natural gas company reported $2.88 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.98 by $0.10. The oil and natural gas company earned $2.45 billion during the quarter, compared to analyst estimates of $2.44 billion. Continental Resources had a net margin of 40.29% and a trailing twelve-month return on equity of 43.58%. Continental Resources's revenue for the quarter was up 82.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.20 earnings per share.

How often does Continental Resources pay dividends? What is the dividend yield for Continental Resources?

Continental Resources declared a quarterly dividend on Thursday, July 28th. Shareholders of record on Monday, August 8th will be paid a dividend of $0.28 per share on Monday, August 22nd. This represents a $1.12 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Friday, August 5th.
Read our dividend analysis for CLR
.

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 company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. 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's stock split before market open on Thursday, September 11th 2014. The 2-1 split was announced on Monday, August 18th 2014. The newly minted shares were payable 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?

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

What is Continental Resources' stock symbol?

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

Who are Continental Resources' major shareholders?

Continental Resources' stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (1.52%), BlackRock Inc. (0.54%), State Street Corp (0.53%), Pentwater Capital Management LP (0.46%), First Trust Advisors LP (0.36%) and Dimensional Fund Advisors LP (0.36%). Insiders that own company stock include Ellis L Mccain, Ellis L Mccain, Eric Spencer Eissenstat, Harold Hamm, Jack H Stark, Jack H Stark, John D Hart, John D Hart, John T Mcnabb II, John T Mcnabb II, Pat Bent, Steven K Owen, Timothy Garth Taylor and William B Berry.
View institutional ownership trends
.

How do I buy shares of Continental Resources?

Shares of CLR stock 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.
Compare Top Brokerages Here.

How much money does Continental Resources make?

Continental Resources (NYSE:CLR) has a market capitalization of $0.00 and generates $5.72 billion in revenue each year. The oil and natural gas company earns $1.66 billion in net income (profit) each year or $9.84 on an earnings per share basis.

How many employees does Continental Resources have?

The company employs 1,254 workers across the globe.

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.
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How can I contact Continental Resources?

Continental Resources' mailing address is 20 NORTH BROADWAY, OKLAHOMA CITY OK, 73102. The official website for the company is www.clr.com. The oil and natural gas company can be reached via phone at (405) 774-5257, via email at rory.sabino@clr.com, or via fax at 405-234-9253.

This page (NYSE:CLR) was last updated on 12/8/2022 by MarketBeat.com Staff