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 declared 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 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date is Wednesday, November 6th. View Continental Resources' Dividend History.

Continental Resources shares split on Thursday, September 11th 2014. The 2-1 split was announced on Monday, August 18th 2014. The newly created 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 declared that its board has approved a share buyback program on Monday, June 3rd 2019, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 7.6% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its shares are undervalued.

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

Continental Resources is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Continental Resources.

32 equities research analysts have issued 12 month target prices for Continental Resources' stock. Their forecasts range from $7.00 to $88.00. On average, they expect Continental Resources' share price to reach $54.7727 in the next year. This suggests a possible upside of 60.5% 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 8 hold ratings and 24 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Continental Resources.

Headlines about CLR stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Continental Resources earned a news impact score of -1.3 on InfoTrie's scale. They also assigned media coverage about the oil and natural gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Continental Resources.

Continental Resources saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 4,870,600 shares, an increase of 18.1% from the July 31st total of 4,124,400 shares. Based on an average trading volume of 2,440,000 shares, the short-interest ratio is currently 2.0 days. Approximately 5.7% of the shares of the company are short sold. View Continental Resources' Current Options Chain.

Some companies that are related to Continental Resources include EOG Resources (EOG), Ecopetrol (EC), Occidental Petroleum (OXY), The Hong Kong and China Gas (HOKCY), Canadian Natural Resources (CNQ), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Rwe Ag Sp (RWEOY), Diamondback Energy (FANG), Concho Resources (CXO), GALP ENERGIA SG/ADR (GLPEY), Cenovus Energy (CVE), Sasol (SSL), TORAY INDUSTRIE/ADR (TRYIY) and Noble Energy (NBL).

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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (2.35%), Price T Rowe Associates Inc. MD (2.26%), BlackRock Inc. (1.21%), D. E. Shaw & Co. Inc. (0.90%), Worldquant Millennium Advisors LLC (0.27%) and Bank of America Corp DE (0.27%). 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 Carlson Capital L P, BlackRock Inc., Jennison Associates LLC, Jennison Associates LLC, Korea Investment CORP, Bank of America Corp DE, Renaissance Technologies LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for Continental Resources.

CLR stock was purchased by a variety of institutional investors in the last quarter, including D. E. Shaw & Co. Inc., Nuveen Asset Management LLC, Worldquant Millennium Advisors LLC, JPMorgan Chase & Co., Price T Rowe Associates Inc. MD, Point72 Asset Management L.P., Caymus Capital Partners L.P. and Marshall Wace North America L.P.. 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 $34.12.

Continental Resources has a market capitalization of $12.78 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]