Continental Resources, Inc explores for, develops, and produces crude oil and natural gas properties 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, 2018, its proved reserves were 1,522 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 675 MMBoe.
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Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Phone405-234-9000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.71 billion
Profitability
Miscellaneous
Employees1,221
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable
Continental Resources (NYSE:CLR) Frequently Asked Questions
What is Continental Resources' stock symbol?
Continental Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLR."
How often does Continental Resources pay dividends? What is the dividend yield for Continental Resources?
Continental Resources declared a quarterly dividend on Monday, June 3rd. Investors of record on Thursday, November 7th will be given 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 0.64%. The ex-dividend date is Wednesday, November 6th. View Continental Resources' Dividend History.
When did Continental Resources' stock split? How did Continental Resources' stock split work?
Continental Resources shares 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 closing bell 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.
How will Continental Resources' stock buyback program work?
Continental Resources announced that its board has initiated a share repurchase plan on Monday, June 3rd 2019, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 7.6% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.
How were Continental Resources' earnings last quarter?
Continental Resources, Inc. (NYSE:CLR) announced its earnings results on Monday, August, 5th. The oil and natural gas company reported $0.59 EPS 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 for the quarter was up 6.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.73 earnings per share. View Continental Resources' Earnings History.
When is Continental Resources' next earnings date?
What price target have analysts set for CLR?
33 Wall Street analysts have issued 1 year target prices for Continental Resources' shares. Their forecasts range from $7.00 to $88.00. On average, they expect Continental Resources' stock price to reach $57.3478 in the next twelve months. This suggests a possible upside of 84.0% from the stock's current price. View Analyst Price Targets for Continental Resources.
What is the consensus analysts' recommendation for Continental Resources?
33 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 8 hold ratings and 25 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Continental Resources.
Has Continental Resources been receiving favorable news coverage?
Headlines about CLR stock have trended negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Continental Resources earned a coverage optimism score of -2.3 on InfoTrie's scale. They also assigned news headlines about the oil and natural gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Continental Resources.
Who are some of Continental Resources' key competitors?
Some companies that are related to Continental Resources include Anadarko Petroleum (APC), The Hong Kong and China Gas (HOKCY), Ecopetrol (EC), Occidental Petroleum (OXY), Canadian Natural Resources (CNQ), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Rwe Ag Sp (RWEOY), Diamondback Energy (FANG), Concho Resources (CXO), TORAY INDUSTRIE/ADR (TRYIY), Sasol (SSL), GALP ENERGIA SG/ADR (GLPEY), Cenovus Energy (CVE) and Noble Energy (NBL).
What other stocks do shareholders of Continental Resources own?
Who are Continental Resources' key executives?
Continental Resources' management team includes the folowing people:
- Mr. Harold G. Hamm LLM, Exec. Chairman & CEO (Age 73)
- Mr. Jack H. Stark, Pres (Age 64)
- Mr. John D. Hart, Sr. VP, CFO & Treasurer (Age 51)
- Mr. Patrick W. Bent, Sr. VP of Drilling (Age 63)
- Ms. Shelly Lambertz, VP of HR & Director (Age 52)
Who are Continental Resources' major shareholders?
Continental Resources' stock is owned by many different 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.
Which institutional investors are selling Continental Resources stock?
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.
Which institutional investors are buying Continental Resources stock?
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.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Continental Resources' stock price today?
One share of CLR stock can currently be purchased for approximately $31.16.
How big of a company is Continental Resources?
Continental Resources has a market capitalization of $11.67 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.
What is Continental Resources' official website?
How can I contact Continental Resources?
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]
MarketBeat Community Rating for Continental Resources (NYSE CLR)
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.
