NYSE:CLR - Continental Resources Stock Price, Forecast & News

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

Continental Resources announced a quarterly dividend on Monday, January 27th. Investors 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 0.76%. The ex-dividend date of this dividend is Thursday, February 6th. View Continental Resources' Dividend History.

Continental Resources's stock split on Thursday, September 11th 2014. The 2-1 split was announced on Monday, August 18th 2014. The newly minted shares were issued 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.

Continental Resources declared that its Board of Directors has initiated a share repurchase program on Monday, June 3rd 2019, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 7.6% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

Continental Resources, Inc. (NYSE:CLR) posted its quarterly earnings results on Wednesday, October, 30th. The oil and natural gas company reported $0.54 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.44 by $0.10. The oil and natural gas company earned $1.10 billion during the quarter, compared to the consensus estimate of $1.08 billion. Continental Resources had a return on equity of 12.49% and a net margin of 17.00%. The business's revenue for the quarter was down 13.9% on a year-over-year basis. During the same quarter last year, the company earned $0.90 EPS. View Continental Resources' Earnings History.

Continental Resources is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Continental Resources.

Continental Resources will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

19 brokerages have issued 12 month price objectives for Continental Resources' shares. Their forecasts range from $28.00 to $70.00. On average, they expect Continental Resources' share price to reach $44.12 in the next year. This suggests a possible upside of 68.4% from the stock's current price. View Analyst Price Targets for Continental Resources.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 1 sell rating, 6 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Continental Resources.

News coverage about CLR stock has trended very negative on Tuesday, InfoTrie reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Continental Resources earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned headlines about the oil and natural gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Continental Resources.

Continental Resources saw a decline in short interest during the month of January. As of January 15th, there was short interest totalling 4,660,000 shares, a decline of 18.4% from the December 31st total of 5,710,000 shares. Based on an average trading volume of 2,060,000 shares, the days-to-cover ratio is presently 2.3 days. Currently, 5.7% of the company's shares are short sold. View Continental Resources' Current Options Chain.

Some companies that are related to Continental Resources include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Diamondback Energy (FANG), Apache (APA), Noble Energy (NBL), Devon Energy (DVN), Marathon Oil (MRO), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS), Matador Resources (MTDR) and PDC Energy (PDCE).

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).

Continental Resources' stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (1.13%), Point72 Asset Management L.P. (0.38%), FMR LLC (0.29%), Bank of America Corp DE (0.24%), First Trust Advisors LP (0.21%) and Earnest Partners LLC (0.20%). 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 and Steven K Owen. View Institutional Ownership Trends for Continental Resources.

CLR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Cannell Peter B & Co. Inc., MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd, Renaissance Technologies LLC, Bank of America Corp DE, Bank of Montreal Can and Whittier Trust Co.. Company insiders that have sold Continental Resources company stock in the last year include Eric Spencer Eissenstat, Harold Hamm and Jack H Stark. View Insider Buying and Selling for Continental Resources.

CLR stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, First Trust Advisors LP, Bank of New York Mellon Corp, Brookfield Hedge Solutions LLC, AustralianSuper Pty Ltd, South Dakota Investment Council, Penn Capital Management Co. Inc. and Oxford Asset Management LLP. Company insiders that have bought Continental Resources stock in the last two years include Harold Hamm and John T Mcnabb II. View Insider Buying and Selling for 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.

One share of CLR stock can currently be purchased for approximately $26.20.

Continental Resources has a market capitalization of $9.73 billion and generates $4.71 billion in revenue each year. The oil and natural gas company earns $988.31 million in net income (profit) each year or $2.84 on an earnings per share basis. Continental Resources employs 1,221 workers across the globe.View Additional Information About Continental Resources.

The official website for Continental Resources is http://www.clr.com/.

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]