Continental Resources Stock Price, News & Analysis (NYSE:CLR)

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

Continental Resources announced a quarterly dividend on Monday, June 3rd. Shareholders of record on Thursday, November 7th will be paid a dividend of $0.05 per share on Thursday, November 21st. This represents a $0.20 annualized dividend and a yield of 0.70%. The ex-dividend date is Wednesday, November 6th. View Continental Resources' Dividend History.

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

Continental Resources, Inc. (NYSE:CLR) posted its quarterly earnings data on Monday, August, 5th. The oil and natural gas company reported $0.59 earnings per share for the quarter, missing analysts' consensus estimates of $0.60 by $0.01. The oil and natural gas company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.16 billion. Continental Resources had a net margin of 19.64% and a return on equity of 15.09%. The business's revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.73 earnings per share. View Continental Resources' Earnings History.

Continental Resources is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Continental Resources.

Continental Resources will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

32 Wall Street analysts have issued twelve-month price targets for Continental Resources' shares. Their forecasts range from $7.00 to $88.00. On average, they expect Continental Resources' stock price to reach $49.86 in the next year. This suggests a possible upside of 73.7% from the stock's current price. View Analyst Price Targets for Continental Resources.

32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 11 hold ratings and 21 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Continental Resources.

News headlines about CLR stock have trended negative recently, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Continental Resources earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave media headlines about the oil and natural gas company a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Continental Resources.

Continental Resources saw a decline in short interest during the month of September. As of September 30th, there was short interest totalling 4,550,000 shares, a decline of 13.3% from the August 30th total of 5,250,000 shares. Based on an average daily volume of 3,140,000 shares, the days-to-cover ratio is presently 1.4 days. Approximately 5.5% of the shares of the stock are short sold. View Continental Resources' Current Options Chain.

Some companies that are related to Continental Resources include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Diamondback Energy (FANG), Concho Resources (CXO), Noble Energy (NBL), Marathon Oil (MRO), Apache (APA), Devon Energy (DVN), Cabot Oil & Gas (COG), Cimarex Energy (XEC), WPX Energy (WPX), EQT (EQT), Kosmos Energy (KOS) and Chesapeake Energy (CHK).

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), NIC (EGOV), Och-Ziff Capital Management Group (OZM) and Transocean (Rig).

Continental Resources' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Gateway Investment Advisers LLC (0.10%), Whittier Trust Co. (0.03%), Miller Howard Investments Inc. NY (0.02%), Moody National Bank Trust Division (0.02%), Nisa Investment Advisors LLC (0.02%) and Denali Advisors LLC (0.02%). 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.

CLR stock was sold by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, Nisa Investment Advisors LLC, Essex Investment Management Co. LLC, Robeco Institutional Asset Management B.V., Miller Howard Investments Inc. NY, Delphi Management Inc. MA and Whittier Trust Co.. View Insider Buying and Selling for Continental Resources.

CLR stock was purchased by a variety of institutional investors in the last quarter, including Three Peaks Capital Management LLC, Denali Advisors LLC, Virginia Retirement Systems ET AL, Envestnet Asset Management Inc., Zurcher Kantonalbank Zurich Cantonalbank , Signaturefd LLC, MHI Funds LLC and Cerebellum GP LLC. Company insiders that have bought Continental Resources stock in the last two years include Harold Hamm and John T Mcnabb II. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of CLR stock can currently be purchased for approximately $28.71.

Continental Resources has a market capitalization of $10.75 billion and generates $4.71 billion in revenue each year. The oil and natural gas company earns $988.31 million in net income (profit) each year or $2.84 on an earnings per share basis. Continental Resources employs 1,221 workers across the globe.View Additional Information About Continental Resources.

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