NYSE:CLRContinental Resources Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Continental Resources, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $12.19 -0.18 (-1.46 %) (As of 04/10/2020 08:21 AM ET) Add Compare Share Today's Range$11.05Now: $12.19▼$14.9650-Day Range$7.05MA: $13.64▼$26.0752-Week Range$6.90Now: $12.19▼$52.03Volume20.29 million shsAverage Volume8.51 million shsMarket Capitalization$4.53 billionP/E Ratio5.83Dividend Yield1.62%Beta2.61 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.Read More Beat the Market (BTM) Rank™ 4.1 Analyst's Opinion Consensus RatingContinental Resources has received a consensus rating of Hold. The company's average rating score is 2.15, and is based on 9 buy ratings, 13 hold ratings, and 5 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.37, Continental Resources has a potential upside of 99.9% from its current price of $12.19.Amount of Analyst CoverageContinental Resources has been the subject of 18 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.7 Community Rank Outperform VotesContinental Resources has received 1,140 “outperform” votes. (Add your “outperform” vote.)Underperform VotesContinental Resources has received 957 “underperform” votes. (Add your “underperform” vote.)Community SentimentContinental Resources has received 54.36% “outperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipContinental Resources is a leading dividend payer. It pays a dividend yield of 1.62%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthContinental Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Continental Resources is 8.89 %. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Continental Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,476,205.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders77.03% of the stock of Continental Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 19.84% of the stock of Continental Resources is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Continental Resources are expected to decrease by -85.19% in the coming year, from ($1.08) to ($0.16) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Continental Resources is 5.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 12.55.Price to Earnings Ratio vs. SectorThe P/E ratio of Continental Resources is 5.83, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.13.Price to Book Value per Share RatioContinental Resources has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.1Community Rank: 2.7Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.03 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNYSE:CLR Previous Symbol CUSIP21201510 CIK732834 Webhttp://www.clr.com/ Phone405-234-9000Debt Debt-to-Equity Ratio0.75 Current Ratio0.90 Quick Ratio0.82Price-To-Earnings Trailing P/E Ratio5.83 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$4.63 billion Price / Sales0.98 Cash Flow$7.57 per share Price / Cash Flow1.61 Book Value$19.14 per share Price / Book0.64Profitability EPS (Most Recent Fiscal Year)$2.25 Net Income$775.64 million Net Margins16.75% Return on Equity12.20% Return on Assets5.33%Miscellaneous Employees1,260 Outstanding Shares371,420,000Market Cap$4.53 billion Next Earnings Date5/4/2020 (Estimated) OptionableOptionable Receive CLR News and Ratings via Email Sign-up to receive the latest news and ratings for CLR and its competitors with MarketBeat's FREE daily newsletter. CLR Rates by TradingView Continental Resources (NYSE:CLR) Frequently Asked Questions How has Continental Resources' stock been impacted by COVID-19 (Coronavirus)? Continental Resources' stock was trading at $8.78 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CLR shares have increased by 38.8% and is now trading at $12.19. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Continental Resources? 27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 5 sell ratings, 13 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Continental Resources. When is Continental Resources' next earnings date? Continental Resources is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Continental Resources. How were Continental Resources' earnings last quarter? Continental Resources, Inc. (NYSE:CLR) released its quarterly earnings data on Wednesday, February, 26th. The oil and natural gas company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.52 by $0.03. The oil and natural gas company earned $1.20 billion during the quarter, compared to the consensus estimate of $1.13 billion. Continental Resources had a return on equity of 12.20% and a net margin of 16.75%. 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 Monday, January 27th. Shareholders of record on Friday, February 7th will be given a dividend of $0.05 per share on Friday, February 21st. This represents a $0.20 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date is Thursday, February 6th. 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 minted 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. How will Continental Resources' stock buyback program work? Continental Resources announced that its board has approved a stock repurchase program on Monday, June 3rd 2019, which authorizes the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 7.6% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's leadership believes its shares are undervalued. What price target have analysts set for CLR? 27 brokerages have issued 12 month price targets for Continental Resources' stock. Their forecasts range from $3.00 to $52.00. On average, they anticipate Continental Resources' share price to reach $24.37 in the next twelve months. This suggests a possible upside of 99.9% from the stock's current price. View analysts' price targets for Continental Resources. Has Continental Resources been receiving favorable news coverage? Media stories about CLR stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Continental Resources earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news stories about the oil and natural gas company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutContinental Resources. Are investors shorting Continental Resources? Continental Resources saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 17,091,100 shares, an increase of 198.8% from the February 27th total of 5,720,000 shares. Based on an average trading volume of 3,800,000 shares, the short-interest ratio is presently 4.5 days. Approximately 21.1% of the company's stock are sold short. View Continental Resources' Current Options Chain. 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), Concho Resources (CXO), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Devon Energy (DVN), Marathon Oil (MRO), Noble Energy (NBL), Apache (APA), EQT (EQT), Cimarex Energy (XEC), WPX Energy (WPX), Comstock Resources (CRK) and Southwestern Energy (SWN). 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), NIC (EGOV), Transocean (RIG) and Och-Ziff Capital Management Group (OZM). Who are Continental Resources' key executives? Continental Resources' management team includes the following 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) 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 retail and institutional investors. Top institutional investors include IFM Investors Pty Ltd (0.00%). 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, Steven K Owen, Timothy Garth Taylor and William B Berry. View institutional ownership trends for Continental Resources. Which major investors are buying Continental Resources stock? CLR stock was bought by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd. 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. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Continental Resources' stock price today? One share of CLR stock can currently be purchased for approximately $12.19. How big of a company is Continental Resources? Continental Resources has a market capitalization of $4.53 billion and generates $4.63 billion in revenue each year. The oil and natural gas company earns $775.64 million in net income (profit) each year or $2.25 on an earnings per share basis. Continental Resources employs 1,260 workers across the globe. View additional information about Continental Resources. What is Continental Resources' official website? The official website for Continental Resources is http://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 405-234-9000 or via email at [email protected] This page was last updated on 4/10/2020 by MarketBeat.com StaffFeatured Article: Should You Consider an Index Fund?
