Continental Resources (CLR) Stock Forecast, Price & News

Continental Resources (NYSE:CLR) Frequently Asked Questions

Is Continental Resources a buy right now?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 2 sell ratings, 6 hold ratings and 8 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.
View analyst ratings for Continental Resources or view top-rated stocks.

Are investors shorting Continental Resources?

Continental Resources saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 6,080,000 shares, a decrease of 24.0% from the March 15th total of 8,000,000 shares. Based on an average daily trading volume, of 2,110,000 shares, the days-to-cover ratio is presently 2.9 days. Approximately 4.4% of the shares of the company are short sold.
View Continental Resources' Short Interest.

When is Continental Resources' next earnings date?

Continental Resources is scheduled to release its next quarterly earnings announcement on Monday, August 1st 2022.
View our earnings forecast for Continental Resources.

How were Continental Resources' earnings last quarter?

Continental Resources, Inc. (NYSE:CLR) posted its quarterly earnings results on Wednesday, May, 4th. The oil and natural gas company reported $2.65 EPS for the quarter, topping the consensus estimate of $2.41 by $0.24. The oil and natural gas company earned $1.82 billion during the quarter, compared to analyst estimates of $2.16 billion. Continental Resources had a trailing twelve-month return on equity of 31.43% and a net margin of 31.63%. The business's quarterly revenue was up 49.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.77 EPS.
View Continental Resources' earnings history.

How often does Continental Resources pay dividends? What is the dividend yield for Continental Resources?

Continental Resources declared a quarterly dividend on Wednesday, April 27th. Stockholders of record on Monday, May 9th will be paid a dividend of $0.28 per share on Monday, May 23rd. This represents a $1.12 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date of this dividend is Friday, May 6th. This is a boost from Continental Resources's previous quarterly dividend of $0.23.
View Continental Resources' dividend history.

Is Continental Resources a good dividend stock?

Continental Resources pays an annual dividend of $1.12 per share and currently has a dividend yield of 1.88%. Continental Resources has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Continental Resources is 20.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Continental Resources will have a dividend payout ratio of 10.79% next year. This indicates that Continental Resources will be able to sustain or increase its dividend.
View Continental Resources' dividend history.

When did Continental Resources' stock split? How did Continental Resources' stock split work?

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

What price target have analysts set for CLR?

16 analysts have issued 1-year price objectives for Continental Resources' stock. Their forecasts range from $53.00 to $95.00. On average, they expect Continental Resources' share price to reach $67.78 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price.
View analysts' price targets for Continental Resources or view top-rated stocks among Wall Street analysts.

Who are Continental Resources' key executives?

Continental Resources' management team includes the following people:

• Mr. Harold G. Hamm LLM, Founder & Non Exec. Chairman (Age 76, Pay $206.47k)
• Mr. William B. Berry B.Sc., M.Sc., Pres, CEO & Director (Age 69, Pay $3.84M)
• Mr. John D. Hart, Exec. VP of Strategic Planning & CFO (Age 54, Pay $2.03M) (LinkedIn Profile)
• Mr. James R. Webb, Sr. VP, Gen. Counsel, Chief Risk Officer & Sec. (Age 54, Pay $879.73k)
• Mr. Patrick W. Bent, Sr. VP of Operations (Age 66, Pay $1.44M)
• Mr. Robert Douglas Lawler, Exec. VP & COO (Age 55)
• Mr. Claude Seaman, VP & Chief Accounting Officer
• Ms. Diane Montgomery, VP of Corp. Fin. & Treasury
• Mr. Joe Davis, VP & Chief Information Officer
• Ms. Shelly M. Lambertz, Exec. VP, Chief Culture & Admin. Officer and Director (Age 55)

What is Harold G. Hamm's approval rating as Continental Resources' CEO?

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.

Who are some of Continental Resources' key competitors?

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), EQT (EQT), Southwestern Energy (SWN), Range Resources (RRC), PDC Energy (PDCE), Matador Resources (MTDR), SM Energy (SM), Comstock Resources (CRK), Kosmos Energy (KOS) and Callon Petroleum (CPE).
View all of CLR's competitors.

What other stocks do shareholders of Continental Resources own?

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).

What is Continental Resources' stock symbol?

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

Who are Continental Resources' major shareholders?

Continental Resources' stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (1.15%), BlackRock Inc. (0.86%), State Street Corp (0.83%), Dimensional Fund Advisors LP (0.55%), Northern Trust Corp (0.41%) and Goldman Sachs Group Inc. (0.38%). Company insiders that own Continental Resources stock include Ellis L Mccain, Ellis L Mccain, Eric Spencer Eissenstat, Harold Hamm, Jack H Stark, John D Hart, John D Hart, John T Mcnabb II, Pat Bent and Timothy Garth Taylor.
View institutional ownership trends for Continental Resources.

Which major investors are selling Continental Resources stock?

CLR stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Federated Hermes Inc., Goldman Sachs Group Inc., National Bank of Canada FI, Invesco Ltd., Qube Research & Technologies Ltd, Northern Trust Corp, and Lord Abbett & CO. LLC. Company insiders that have sold Continental Resources company stock in the last year include Eric Spencer Eissenstat, Jack H Stark, and John D Hart.
View insider buying and selling activity for Continental Resources or view top insider-selling stocks.

Which major investors are buying Continental Resources stock?

CLR stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, State Street Corp, Arrowstreet Capital Limited Partnership, BlackRock Inc., Northwestern Mutual Wealth Management Co., Gateway Investment Advisers LLC, Whittier Trust Co., and JPMorgan Chase & Co.. Company insiders that have bought Continental Resources stock in the last two years include Ellis L Mccain, Harold Hamm, John T Mcnabb II, and Timothy Garth Taylor.
View insider buying and selling activity for Continental Resources or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Continental Resources' stock price today?

One share of CLR stock can currently be purchased for approximately $61.27.

How much money does Continental Resources make?

Continental Resources has a market capitalization of $22.24 billion and generates $5.72 billion in revenue each year. The oil and natural gas company earns $1.66 billion in net income (profit) each year or $5.489990 on an earnings per share basis.

How many employees does Continental Resources have?

Continental Resources employs 1,254 workers across the globe.

Does Continental Resources have any subsidiaries?

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.

When was Continental Resources founded?

Continental Resources was founded in 1967.

What is Continental Resources' official website?

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

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) 774-5257, via email at [email protected], or via fax at 405-234-9253.