Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties 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, 2016, its estimated proved reserves were 1,331 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 602 MMBoe. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNYSE:CLR
CUSIP21201510
Phone405-234-9000
Debt
Debt-to-Equity Ratio1.10
Current Ratio0.97
Quick Ratio0.89
Price-To-Earnings
Trailing P/E Ratio32.58
Forward P/E Ratio19.82
P/E Growth1.34
Sales & Book Value
Annual Sales$3.12 billion
Price / Sales7.50
Cash Flow$4.9625 per share
Price / Cash12.54
Book Value$13.68 per share
Price / Book4.55
Profitability
EPS (Most Recent Fiscal Year)$0.51
Net Income$789.44 million
Net Margins32.80%
Return on Equity14.01%
Return on Assets4.98%
Miscellaneous
Employees1,127
Outstanding Shares376,030,000
Market Cap$23.40 billion
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."
When did Continental Resources' stock split? How did Continental Resources' stock split work?
Continental Resources's stock split on the morning of 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.
How were Continental Resources' earnings last quarter?
Continental Resources, Inc. (NYSE:CLR) posted its earnings results on Tuesday, August, 7th. The oil and natural gas company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.02. The oil and natural gas company earned $1.14 billion during the quarter, compared to the consensus estimate of $1.13 billion. Continental Resources had a return on equity of 14.01% and a net margin of 32.80%. View Continental Resources' Earnings History.
When is Continental Resources' next earnings date?
What price target have analysts set for CLR?
30 Wall Street analysts have issued twelve-month price objectives for Continental Resources' stock. Their predictions range from $11.50 to $92.00. On average, they expect Continental Resources' stock price to reach $70.0192 in the next twelve months. This suggests a possible upside of 12.5% from the stock's current price. View Analyst Price Targets for Continental Resources.
What is the consensus analysts' recommendation for Continental Resources?
30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 10 hold ratings and 20 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Continental Resources.
Who are some of Continental Resources' key competitors?
Some companies that are related to Continental Resources include CNOOC (CEO), PETROLEO BRASIL/ADR (PBR), ENI (E), EOG Resources (EOG), PETROLEO BRASIL/S (PBR.A), Occidental Petroleum (OXY), Ecopetrol (EC), Canadian Natural Resource (CNQ), Anadarko Petroleum (APC), The Hong Kong and China Gas (HOKCY), Pioneer Natural Resources (PXD), Concho Resources (CXO), WOODSIDE Pet Lt/ADR (WOPEY), Sasol (SSL) and Devon Energy (DVN).
Who are Continental Resources' key executives?
Continental Resources' management team includes the folowing people:
- Mr. Harold G. Hamm LLM, Exec. Chairman & CEO (Age 72)
- Mr. Jack H. Stark, Pres (Age 63)
- Mr. John D. Hart, Sr. VP, CFO & Treasurer (Age 50)
- Mr. Eric S. Eissenstat, Sr. VP, Gen. Counsel, Chief Risk Officer & Sec. (Age 60)
- Mr. Gary E. Gould, Sr. VP of Production & Resource Devel. (Age 53)
Who are Continental Resources' major shareholders?
Continental Resources' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (3.99%), BlackRock Inc. (1.28%), Morgan Stanley (0.40%), Millennium Management LLC (0.38%), Bank of America Corp DE (0.36%) and Bank of New York Mellon Corp (0.26%). 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 major investors are selling Continental Resources stock?
CLR stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Vaughan Nelson Investment Management L.P., Morgan Stanley, Waddell & Reed Financial Inc., Capital Advisors Inc. OK, Engineers Gate Manager LP, Jennison Associates LLC and Columbus Circle Investors. Company insiders that have sold Continental Resources company stock in the last year include Ellis L Mccain, Eric Spencer Eissenstat, Gary E Gould, Jack H Stark, John D Hart, John T Mcnabb II, Mark E Monroe and Steven K Owen. View Insider Buying and Selling 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 FMR LLC, Millennium Management LLC, Voya Investment Management LLC, BlueMountain Capital Management LLC, Janus Henderson Group PLC, Worldquant Millennium Quantitative Strategies LLC, KBC Group NV and First Trust Advisors LP. 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 $62.23.
How big of a company is Continental Resources?
Continental Resources has a market capitalization of $23.40 billion and generates $3.12 billion in revenue each year. The oil and natural gas company earns $789.44 million in net income (profit) each year or $0.51 on an earnings per share basis. Continental Resources employs 1,127 workers across the globe.
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.
