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
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNYSE:CLR
CUSIP21201510
Phone405-234-9000
Debt
Debt-to-Equity Ratio1.15
Current Ratio0.93
Quick Ratio0.85
Price-To-Earnings
Trailing P/E Ratio123.27
Forward P/E Ratio19.95
P/E GrowthN/A
Sales & Book Value
Annual Sales$3.12 billion
Price / Sales7.57
Cash Flow$5.0120 per share
Price / Cash12.54
Book Value$13.68 per share
Price / Book4.59
Profitability
EPS (Most Recent Fiscal Year)$0.51
Net Income$789.44 million
Net Margins28.60%
Return on Equity9.23%
Return on Assets3.11%
Miscellaneous
Employees1,127
Outstanding Shares376,030,000
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 created shares were payable 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 were Continental Resources' earnings last quarter?
Continental Resources, Inc. (NYSE:CLR) posted its quarterly earnings data on Wednesday, May, 2nd. The oil and natural gas company reported $0.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.64 by $0.04. The oil and natural gas company had revenue of $1.14 billion for the quarter, compared to analysts' expectations of $1.09 billion. Continental Resources had a return on equity of 9.23% and a net margin of 28.60%. The company's revenue was up 66.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.02 earnings per share. View Continental Resources' Earnings History.
When is Continental Resources' next earnings date?
What price target have analysts set for CLR?
29 brokerages have issued twelve-month target prices for Continental Resources' stock. Their predictions range from $11.50 to $97.00. On average, they anticipate Continental Resources' share price to reach $62.4423 in the next year. 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), EOG Resources (EOG), ENI (E), Occidental Petroleum (OXY), PETROLEO BRASIL/ADR (PBR), PETROLEO BRASIL/RED PFD sh (PBR.A), Ecopetrol (EC), Canadian Natural Resource (CNQ), Anadarko Petroleum (APC), Pioneer Natural Resources (PXD), The Hong Kong and China Gas (HOKCY), WOODSIDE Pet Lt/ADR (WOPEY), Sasol (SSL), Devon Energy (DVN) and Concho Resources (CXO).
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)
Has Continental Resources been receiving favorable news coverage?
Press coverage about CLR stock has been trending positive on Thursday, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Continental Resources earned a news sentiment score of 0.30 on Accern's scale. They also assigned headlines about the oil and natural gas company an impact score of 46.13 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.
Who are Continental Resources' major shareholders?
Continental Resources' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.22%), Point72 Asset Management L.P. (0.35%), Vaughan Nelson Investment Management L.P. (0.28%), Northern Trust Corp (0.20%), Dimensional Fund Advisors LP (0.20%) and Earnest Partners LLC (0.19%). 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 Millennium Management LLC, Lord Abbett & CO. LLC, State of Wisconsin Investment Board, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Arosa Capital Management LP, JVL Advisors L.L.C. and BlackRock Inc.. 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 institutional investors are buying Continental Resources stock?
CLR stock was acquired by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Cannell Peter B & Co. Inc., Slate Path Capital LP, Amundi Pioneer Asset Management Inc., Barometer Capital Management Inc., KBC Group NV, Prudential Financial Inc. and Federated Investors Inc. PA. 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 $62.85.
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.
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 rory.s[email protected]
MarketBeat Community Rating for Continental Resources (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.
