Continental Resources Stock Forecast, Price & News

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last twelve months. There are currently 3 sell ratings, 14 hold ratings and 4 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.
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Wall Street analysts have given Continental Resources a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Continental Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Continental Resources is scheduled to release its next quarterly earnings announcement on Monday, August 2nd 2021.
View our earnings forecast for Continental Resources.

Continental Resources, Inc. (NYSE:CLR) posted its quarterly earnings results on Tuesday, April, 27th. The oil and natural gas company reported $0.77 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.52 by $0.25. The oil and natural gas company had revenue of $1.22 billion for the quarter, compared to analysts' expectations of $922.45 million. Continental Resources had a negative trailing twelve-month return on equity of 1.80% and a negative net margin of 5.19%. Continental Resources's revenue was up 38.0% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.08) earnings per share.
View Continental Resources' earnings history.

Continental Resources' stock was trading at $8.78 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CLR shares have increased by 290.3% and is now trading at $34.27.
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Continental Resources declared a quarterly dividend on Wednesday, April 28th. Shareholders of record on Monday, May 10th will be given a dividend of $0.11 per share on Monday, May 24th. This represents a $0.44 annualized dividend and a yield of 1.28%. The ex-dividend date is Friday, May 7th. This is a boost from Continental Resources's previous quarterly dividend of $0.05.
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Continental Resources pays an annual dividend of $0.44 per share and currently has a dividend yield of 1.20%.
View Continental Resources' dividend history.

Shares of Continental Resources split on Thursday, September 11th 2014. The 2-1 split was announced on Monday, August 18th 2014. The newly created 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.

21 brokerages have issued 12-month price targets for Continental Resources' shares. Their forecasts range from $15.00 to $41.00. On average, they expect Continental Resources' stock price to reach $28.45 in the next year. This suggests that the stock has a possible downside of 17.0%.
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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.

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), Cimarex Energy (XEC), Cabot Oil & Gas (COG), EQT (EQT), PDC Energy (PDCE), Matador Resources (MTDR), Range Resources (RRC), Southwestern Energy (SWN), SM Energy (SM) and Callon Petroleum (CPE).
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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).

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

Continental Resources' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.35%), Smead Capital Management Inc. (1.15%), Lord Abbett & CO. LLC (0.97%), Dimensional Fund Advisors LP (0.48%), Northern Trust Corp (0.40%) and Earnest Partners LLC (0.30%). Company insiders that own Continental Resources stock include Ellis L Mccain, Eric Spencer Eissenstat, Harold Hamm, Jack H Stark, John D Hart, John T Mcnabb II, Pat Bent, Steven K Owen, Timothy Garth Taylor and William B Berry.
View institutional ownership trends for Continental Resources.

CLR stock was sold by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Barclays PLC, Credit Suisse AG, D. E. Shaw & Co. Inc., Morgan Stanley, Voloridge Investment Management LLC, Federated Hermes Inc., and Millennium Management LLC. Company insiders that have sold Continental Resources company stock in the last year include Ellis L Mccain, John D Hart, and Pat Bent.
View insider buying and selling activity for Continental Resources or view top insider-selling stocks.

CLR stock was purchased by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Smead Capital Management Inc., BlackRock Inc., State of Wisconsin Investment Board, Holocene Advisors LP, South Dakota Investment Council, Dimensional Fund Advisors LP, and Brandywine Global Investment Management LLC. Company insiders that have bought Continental Resources stock in the last two years include Harold Hamm, John D Hart, John T Mcnabb II, Steven K Owen, Timothy Garth Taylor, and William B Berry.
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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.
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One share of CLR stock can currently be purchased for approximately $34.27.

Continental Resources has a market capitalization of $12.60 billion and generates $2.59 billion in revenue each year. The oil and natural gas company earns $-596,870,000.00 in net income (profit) each year or ($1.17) on an earnings per share basis.

Continental Resources employs 1,201 workers across the globe.

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.

Continental Resources was founded in 1967.

The official website for Continental Resources is www.clr.com.

Continental Resources is headquartered at 20 NORTH BROADWAY, OKLAHOMA CITY OK, 73102.

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]