S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:CLR

Continental Resources Stock Forecast, Price & News

$43.01
-0.87 (-1.98%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$42.34
$45.42
50-Day Range
$42.68
$53.87
52-Week Range
$15.71
$55.48
Volume
1.95 million shs
Average Volume
1.80 million shs
Market Capitalization
$15.72 billion
P/E Ratio
19.03
Dividend Yield
1.82%
Beta
3.12
30 days | 90 days | 365 days | Advanced Chart
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Continental Resources logo

About Continental Resources

Continental Resources, Inc. engages in the exploration, development and production of crude oil and natural gas. The firm sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. The company was founded by Harold G. Hamm in 1967 and is headquartered in Oklahoma City, OK.

Headlines

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Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
21201510
Employees
1,201
Year Founded
1967

Sales & Book Value

Annual Sales
$2.59 billion
Cash Flow
$3.91 per share
Book Value
$19.75 per share

Profitability

Net Income
$-596.87 million
Pretax Margin
23.44%

Debt

Price-To-Earnings

Miscellaneous

Free Float
74,579,000
Market Cap
$15.72 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/03/2021
Ex-Dividend
11/12/2021
Dividend Payable
11/26/2021
Today
12/05/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/15/2022

Social Links


MarketRank

Overall MarketRank

3.35 out of 5 stars

Oils/Energy Sector

5th out of 349 stocks

Crude Petroleum & Natural Gas Industry

2nd out of 112 stocks

Analyst Opinion: 3.1Community Rank: 4.7Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 3.1 5 -4 -3 -2 -1 -












Continental Resources (NYSE:CLR) Frequently Asked Questions

Is Continental Resources a buy right now?

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, 10 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.

How has Continental Resources' stock price been impacted by 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 389.9% and is now trading at $43.01.
View which stocks have been most impacted by COVID-19
.

When is Continental Resources' next earnings date?

Continental Resources is scheduled to release its next quarterly earnings announcement on Tuesday, February 15th 2022.
View our earnings forecast for Continental Resources
.

How were Continental Resources' earnings last quarter?

Continental Resources, Inc. (NYSE:CLR) issued its earnings results on Wednesday, November, 3rd. The oil and natural gas company reported $1.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.20. Continental Resources had a trailing twelve-month return on equity of 14.17% and a net margin of 17.84%. During the same quarter last year, the company posted ($0.16) 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, November 3rd. Stockholders of record on Monday, November 15th will be paid a dividend of $0.20 per share on Friday, November 26th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date of this dividend is Friday, November 12th. This is an increase from Continental Resources's previous quarterly dividend of $0.15.
View Continental Resources' dividend history
.

Is Continental Resources a good dividend stock?

Continental Resources pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.82%. 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 35.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Continental Resources will have a dividend payout ratio of 12.64% 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?

Continental Resources shares split before market open 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.

What price target have analysts set for CLR?

21 brokerages have issued 1-year price targets for Continental Resources' shares. Their forecasts range from $20.00 to $70.00. On average, they anticipate Continental Resources' share price to reach $49.43 in the next twelve months. This suggests a possible upside of 14.9% 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:
  • William B. Berry, Chief Executive Officer & Director
  • Jack H. Stark, President & Chief Operating Officer
  • John D. Hart, Treasurer, SVP, Chief Financial & Strategy Officer
  • Joe Davis, Chief Information Officer & Vice President
  • Claude Seaman, Chief Accounting Officer & Vice President

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.

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 variety of institutional and retail investors. Top institutional investors include Smead Capital Management Inc. (1.52%), BlackRock Inc. (0.87%), Dimensional Fund Advisors LP (0.56%), Lord Abbett & CO. LLC (0.54%), Goldman Sachs Group Inc. (0.38%) and Geode Capital Management LLC (0.25%). 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
.

Which major investors are selling Continental Resources stock?

CLR stock was sold by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Balyasny Asset Management LLC, BlackRock Inc., Invesco Ltd., Creative Planning, Rockefeller Capital Management L.P., Avalon Investment & Advisory, and Two Sigma Advisers LP. Company insiders that have sold Continental Resources company stock in the last year include Ellis L Mccain, Eric Spencer Eissenstat, John D Hart, and Pat Bent.
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 bought by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Millennium Management LLC, Royal Bank of Canada, Squarepoint Ops LLC, Jupiter Asset Management Ltd., Smead Capital Management Inc., Morgan Stanley, and Geode Capital Management LLC. Company insiders that have bought Continental Resources stock in the last two years include Ellis L Mccain, 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
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.
Compare Top Brokerages Here.

What is Continental Resources' stock price today?

One share of CLR stock can currently be purchased for approximately $43.01.

How much money does Continental Resources make?

Continental Resources has a market capitalization of $15.72 billion and generates $2.59 billion in revenue each year. The oil and natural gas company earns $-596.87 million in net income (profit) each year or $2.26 on an earnings per share basis.

How many employees does Continental Resources have?

Continental Resources employs 1,201 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.

Where are Continental Resources' headquarters?

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

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


This page was last updated on 12/5/2021 by MarketBeat.com Staff

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