Most-Upgraded Stocks NYSE:CLR Continental Resources Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Continental Resources, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $67.69 +0.41 (+0.61%) (As of 06/28/2022 12:00 AM ET) Add Compare Share Today's Range$66.54▼$69.0050-Day Range$55.02▼$74.2252-Week Range$31.40▼$75.49Volume1.34 million shsAverage Volume2.03 million shsMarket Capitalization$24.57 billionP/E Ratio12.33Dividend Yield1.66%Price Target$69.35 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CLR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Continental Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address CLR Stock Forecast (MarketRank)Overall MarketRank™2.66 out of 5 starsOils/Energy Sector52nd out of 391 stocksCrude Petroleum & Natural Gas Industry25th out of 127 stocksAnalyst Opinion: 2.1Community Rank: 4.5Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 - 2.1 Analyst's Opinion Consensus RatingContinental Resources has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 6 buy ratings, 8 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $69.35, Continental Resources has a forecasted upside of 2.5% from its current price of $67.69.Amount of Analyst CoverageContinental Resources has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.5 Community Rank Outperform VotesContinental Resources has received 1,197 “outperform” votes. (Add your “outperform” vote.)Underperform VotesContinental Resources has received 554 “underperform” votes. (Add your “underperform” vote.)Community SentimentContinental Resources has received 68.36% “outperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend YieldContinental Resources pays a meaningful dividend of 1.66%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthContinental Resources has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Continental Resources is 20.40%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Continental Resources will have a dividend payout ratio of 9.71% next year. This indicates that Continental Resources will be able to sustain or increase its dividend. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Continental Resources insiders have not sold or bought any company stock.Percentage Held by Insiders58.57% of the stock of Continental Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 13.41% of the stock of Continental Resources is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Continental Resources are expected to decrease by -5.41% in the coming year, from $12.19 to $11.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Continental Resources is 12.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.05.Price to Earnings Ratio vs. SectorThe P/E ratio of Continental Resources is 12.33, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.28.Price to Earnings Growth RatioContinental Resources has a PEG Ratio of 0.15. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioContinental Resources has a P/B Ratio of 3.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Continental Resources (NYSE:CLR)Continental Resources, Inc. explores for, develops, produces, and manages crude oil, natural gas, and related products primarily 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, 2021, its proved reserves were 1,645 million barrels of crude oil equivalent (MMBoe) with proved developed reserves of 908 MMBoe. The company was founded in 1967 and is headquartered in Oklahoma City, Oklahoma.Read More CLR Stock News HeadlinesJune 28, 2022 | seekingalpha.comContinental Resources holder Bill Smead says Hamm trying to `steal' shale drillerJune 26, 2022 | americanbankingnews.comContinental Resources (NYSE:CLR) Rating Lowered to Neutral at CitigroupJune 24, 2022 | markets.businessinsider.comWhat 12 Analyst Ratings Have To Say About Continental ResourcesJune 22, 2022 | americanbankingnews.comContinental Resources (NYSE:CLR) Given a $78.00 Price Target by Credit Suisse Group AnalystsJune 20, 2022 | uk.finance.yahoo.comBig Money Likes Continental ResourcesJune 17, 2022 | americanbankingnews.comBarclays Raises Continental Resources (NYSE:CLR) Price Target to $77.00June 17, 2022 | americanbankingnews.comContinental Resources (NYSE:CLR) Rating Lowered to Equal Weight at Wells Fargo & CompanyJune 16, 2022 | americanbankingnews.comContinental Resources (NYSE:CLR) PT Raised to $78.00 at Credit Suisse GroupJune 16, 2022 | americanbankingnews.comContinental Resources (NYSE:CLR) Sets New 52-Week High Following Analyst UpgradeJune 15, 2022 | finance.yahoo.comProduction Over Public Ownership? Hamm's Bid To Take Continental Resources PrivateJune 15, 2022 | seekingalpha.comContinental Resources: Assessing Its Value After Harold Hamm's $70 Per Share OfferJune 15, 2022 | finance.yahoo.comWhy This High-Flying Oil Stock Could Soar Even HigherJune 15, 2022 | finance.yahoo.comHarold Hamm bid for Continental signals oil sector’s urge to quit Wall StreetSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNYSE:CLR CUSIP21201510 CIK732834 Webwww.clr.com Phone(405) 774-5257Fax405-234-9253Employees1,254Year Founded1967Company Calendar Last Earnings5/04/2022Ex-Dividend for 5/23 Dividend5/06/2022Dividend Payable5/23/2022Today6/28/2022Next Earnings (Estimated)8/01/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$69.35 High Stock Price Forecast$95.00 Low Stock Price Forecast$53.00 Forecasted Upside/Downside+2.5%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)$5.489990 Trailing P/E Ratio12.33 Forward P/E Ratio5.55 P/E Growth0.15Net Income$1.66 billion Net Margins31.63% Pretax Margin41.74% Return on Equity31.43% Return on Assets13.87% Debt Debt-to-Equity Ratio0.79 Current Ratio0.95 Quick Ratio0.88 Sales & Book Value Annual Sales$5.72 billion Price / Sales4.30 Cash Flow$10.19 per share Price / Cash Flow6.64 Book Value$21.49 per share Price / Book3.15Miscellaneous Outstanding Shares362,969,000Free Float150,378,000Market Cap$24.57 billion OptionableOptionable Beta2.75 Social Links Continental Resources Frequently Asked Questions Should I buy or sell Continental Resources stock right now? 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 2 sell ratings, 8 hold ratings and 6 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 top-rated stocks. What is Continental Resources' stock price forecast for 2022? 16 equities research analysts have issued 1 year target prices for Continental Resources' stock. Their CLR stock forecasts range from $53.00 to $95.00. On average, they anticipate Continental Resources' share price to reach $69.35 in the next year. This suggests a possible upside of 2.5% from the stock's current price. View analysts' price targets for Continental Resources or view top-rated stocks among Wall Street analysts. How has Continental Resources' stock performed in 2022? Continental Resources' stock was trading at $44.76 on January 1st, 2022. Since then, CLR shares have increased by 51.2% and is now trading at $67.69. View the best growth stocks for 2022 here. When is Continental Resources' next earnings date? Continental Resources is scheduled to release its next quarterly earnings announcement on Monday, August 1st 2022. View our earnings forecast for Continental Resources. How were Continental Resources' earnings last quarter? Continental Resources, Inc. (NYSE:CLR) released its quarterly earnings results on Wednesday, May, 4th. The oil and natural gas company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.41 by $0.24. The oil and natural gas company had revenue of $1.82 billion for the quarter, compared to analysts' expectations of $2.16 billion. Continental Resources had a trailing twelve-month return on equity of 31.43% and a net margin of 31.63%. The firm's revenue for the quarter was up 49.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.77 EPS. View Continental Resources' earnings history. How often does Continental Resources pay dividends? What is the dividend yield for Continental Resources? Continental Resources announced a quarterly dividend on Wednesday, April 27th. Shareholders of record on Monday, May 9th will be given a dividend of $0.28 per share on Monday, May 23rd. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date is Friday, May 6th. This is an increase from Continental Resources's previous quarterly dividend of $0.23. View Continental Resources' dividend history. 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 1.66%. Continental Resources 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 of Continental Resources is 20.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Continental Resources will have a dividend payout ratio of 9.71% next year. This indicates that Continental Resources will be able to sustain or increase its dividend. View Continental Resources' dividend history. When did Continental Resources' stock split? How did Continental Resources' stock split work? Shares of Continental Resources split on 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 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. Who are Continental Resources' key executives? Continental Resources' management team includes the following people: Mr. Harold G. Hamm LLM, Founder & Non Exec. Chairman (Age 76, Pay $206.47k)Mr. William B. Berry B.Sc., M.Sc., Pres, CEO & Director (Age 69, Pay $3.84M)Mr. John D. Hart, Exec. VP of Strategic Planning & CFO (Age 54, Pay $2.03M) (LinkedIn Profile)Mr. James R. Webb, Sr. VP, Gen. Counsel, Chief Risk Officer & Sec. (Age 54, Pay $879.73k)Mr. Patrick W. Bent, Sr. VP of Operations (Age 66, Pay $1.44M)Mr. Robert Douglas Lawler, Exec. VP & COO (Age 55)Mr. Claude Seaman, VP & Chief Accounting OfficerMs. Diane Montgomery, VP of Corp. Fin. & TreasuryMr. Joe Davis, VP & Chief Information OfficerMs. Shelly M. Lambertz, Exec. VP, Chief Culture & Admin. Officer and Director (Age 55) What is Harold G. Hamm's approval rating as Continental Resources' CEO? 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. Who are some of Continental Resources' key competitors? Some companies that are related to Continental Resources include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Devon Energy (DVN), Diamondback Energy (FANG), Marathon Oil (MRO), EQT (EQT), Southwestern Energy (SWN), Range Resources (RRC), PDC Energy (PDCE), Matador Resources (MTDR), SM Energy (SM), Comstock Resources (CRK), Whiting Petroleum (WLL) and Kosmos Energy (KOS). View all of CLR's 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 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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (1.15%), BlackRock Inc. (0.86%), State Street Corp (0.83%), Dimensional Fund Advisors LP (0.55%), Bank of America Corp DE (0.43%) and Northern Trust Corp (0.41%). Company insiders that own Continental Resources 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 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 Vanguard Group Inc., Federated Hermes Inc., Goldman Sachs Group Inc., National Bank of Canada FI, Invesco Ltd., Qube Research & Technologies Ltd, Northern Trust Corp, and Lord Abbett & CO. LLC. Company insiders that have sold Continental Resources company stock in the last two years include Ellis L Mccain, Eric Spencer Eissenstat, Jack H Stark, John D Hart, and Pat Bent. View insider buying and selling activity for Continental Resources or view top insider-selling stocks. Which institutional investors are buying Continental Resources stock? CLR stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, State Street Corp, Arrowstreet Capital Limited Partnership, BlackRock Inc., Northwestern Mutual Wealth Management Co., Gateway Investment Advisers LLC, Whittier Trust Co., and JPMorgan Chase & Co.. Company insiders that have bought Continental Resources stock in the last two years include Ellis L Mccain, Harold Hamm, John T Mcnabb II, and Timothy Garth Taylor. View insider buying and selling activity for Continental Resources or or view top insider-buying stocks. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Continental Resources' stock price today? One share of CLR stock can currently be purchased for approximately $67.69. How much money does Continental Resources make? Continental Resources (NYSE:CLR) has a market capitalization of $24.57 billion 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 $5.489990 on an earnings per share basis. How many employees does Continental Resources have? Continental Resources 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.Read More When was Continental Resources founded? Continental Resources was founded in 1967. How can I contact Continental Resources? Continental Resources' mailing address is 20 NORTH BROADWAY, OKLAHOMA CITY OK, 73102. The official website for Continental Resources is www.clr.com. The oil and natural gas company can be reached via phone at (405) 774-5257, via email at [email protected], or via fax at 405-234-9253. This page (NYSE:CLR) was last updated on 6/29/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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