Continental Resources Company Profile (NYSE:CLR)

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

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 issued shares were payable 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, Inc. (NYSE:CLR) posted its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.02 EPS for the quarter, beating analysts' consensus estimates of $0.02 by $0.00. The company earned $685.43 million during the quarter, compared to the consensus estimate of $646.46 million. Continental Resources had a negative return on equity of 2.46% and a negative net margin of 5.99%. View Continental Resources' Earnings History.

Continental Resources is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Continental Resources.

20 brokerages have issued 12-month price targets for Continental Resources' stock. Their predictions range from $13.50 to $68.00. On average, they anticipate Continental Resources' stock price to reach $45.34 in the next twelve months. View Analyst Ratings for Continental Resources.

Here are some recent quotes from research analysts about Continental Resources stock:

• 1. According to Zacks Investment Research, "CONTINENTAL RESOURCES is a crude-oil concentrated, independent oil and natural gas exploration and production company with operations in the Rocky Mountain, Mid-Continent and Gulf Coast regions of the United States. The Company focuses its operations in large new and developing plays where horizontal drilling, advanced fracture stimulation and enhanced recovery technologies provide the means to economically develop and produce oil and natural gas reserves from unconventional formations. " (8/2/2017)
• 2. KLR Group analysts commented, "We are upgrading CLR from Hold to Buy. We are increasing our target price $2 to $59 per share target price due to fractionally lower capital intensity and incremental late '17 production growth (Bakken/TFS DUC completions). Since our early December downgrade, CLR has depreciated ~20% and underperformed the sector by ~15%. CLR now has at least 20% upside and thus merits an upgrade to Buy.Our '17 production expectation of ~221 Mboepd is toward the low end of guidance (220-230 Mboepd). Our '17 exit rate expectation of 235-240 Mboepd is ~5% below company guidance (250-260 Mboepd). Continental's capital intensity is approximately 30% higher than the industry, though the company generates ~30% stronger cash operating margins. Accordingly, CLR's mid-cycle capital yield of ~140% approximates the industry median cash recycle ratio." (1/31/2017)

Some companies that are related to Continental Resources include Anadarko Petroleum Corporation (APC), Pioneer Natural Resources Company (PXD), Concho Resources (CXO), Devon Energy Corporation (DVN), Apache Corporation (APA), Noble Energy (NBL), Cabot Oil & Gas Corporation (COG), EQT Corporation (EQT), Encana Corporation (ECA), Marathon Oil Corporation (MRO), Cimarex Energy Co (XEC), Diamondback Energy (FANG), EQT GP Holdings, LP (EQGP), Parsley Energy (PE), Antero Resources Corporation (AR), Rice Energy (RICE), Newfield Exploration Company (NFX) and RSP Permian (RSPP).

Continental Resources' management team includes the folowing people:

• Harold G. Hamm, Chairman of the Board, Chief Executive Officer
• Jack H. Stark, President
• John D. Hart, Chief Financial Officer, Senior Vice President, Treasurer
• Jeffrey B. Hume, Vice Chairman - Strategic Growth Initiatives
• Eric Spencer Eissenstat, Senior Vice President, Chief Risk Officer, General Counsel, Secretary
• Ramiro F. Rangel, Senior Vice President - Marketing
• Pat Bent, Senior Vice President - Drilling
• Gary E. Gould, Senior Vice President - Production and Resource Development
• Steven K. Owen, Senior Vice President - Land
• William B. Berry, Lead Independent Director

Continental Resources' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (3.56%), Vanguard Group Inc. (2.20%), State Street Corp (0.86%), Renaissance Technologies LLC (0.78%), TIAA CREF Investment Management LLC (0.75%) and Balyasny Asset Management LLC (0.64%). Company insiders that own Continental Resources stock include David L Boren, Eric Spencer Eissenstat, Gary E Gould, Glen A Brown, Harold Hamm, Jack H Stark, John D Hart and Steven K Owen. View Institutional Ownership Trends for Continental Resources.

Continental Resources' stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Caymus Capital Partners L.P., TIAA CREF Investment Management LLC, Russell Investments Group Ltd., Bank of New York Mellon Corp, Airain ltd, BlueCrest Capital Management Ltd and Bridgewater Associates LP. Company insiders that have sold Continental Resources stock in the last year include Gary E Gould, Jack H Stark, John D Hart and Steven K Owen. View Insider Buying and Selling for Continental Resources.

Continental Resources' stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, FMR LLC, Vanguard Group Inc., Balyasny Asset Management LLC, JPMorgan Chase & Co., State Street Corp, PDT Partners LLC and Benefit Street Partners LLC. View Insider Buying and Selling for Continental Resources.

Shares of Continental Resources can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Continental Resources stock can currently be purchased for approximately $37.81.