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Continental Resources Stock Price, News & Analysis (NYSE:CLR)

$28.03
+0.47 (+1.71 %)
(As of 10/22/2019 03:06 AM ET)
Today's Range
$27.54
Now: $28.03
$28.26
50-Day Range
$27.54
MA: $30.44
$40.14
52-Week Range
$27.26
Now: $28.03
$59.15
Volume1.93 million shs
Average Volume2.65 million shs
Market Capitalization$10.49 billion
P/E Ratio9.87
Dividend YieldN/A
Beta1.65
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. Read More…

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
CUSIP21201510
Phone405-234-9000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.71 billion
Cash Flow$7.70 per share
Book Value$17.08 per share

Profitability

Net Income$988.31 million

Miscellaneous

Employees1,221
Market Cap$10.49 billion
Next Earnings Date10/30/2019 (Confirmed)
OptionableOptionable

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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."

How often does Continental Resources pay dividends? What is the dividend yield for Continental Resources?

Continental Resources declared a quarterly dividend on Monday, June 3rd. Stockholders of record on Thursday, November 7th will be given a dividend of $0.05 per share on Thursday, November 21st. This represents a $0.20 annualized dividend and a dividend yield of 0.71%. The ex-dividend date is Wednesday, November 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 the morning of Thursday, September 11th 2014. The 2-1 split was announced on Monday, August 18th 2014. The newly created 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 will Continental Resources' stock buyback program work?

Continental Resources declared that its board has authorized a stock 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 purchase up to 7.6% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's management believes its stock is undervalued.

How were Continental Resources' earnings last quarter?

Continental Resources, Inc. (NYSE:CLR) released its earnings results on Monday, August, 5th. The oil and natural gas company reported $0.59 EPS for the quarter, missing the Zacks' consensus estimate of $0.60 by $0.01. The oil and natural gas company earned $1.21 billion during the quarter, compared to analysts' expectations of $1.16 billion. Continental Resources had a net margin of 19.64% and a return on equity of 15.09%. The company's revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.73 earnings per share. View Continental Resources' Earnings History.

When is Continental Resources' next earnings date?

Continental Resources is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Continental Resources.

How can I listen to Continental Resources' earnings call?

Continental Resources will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for CLR?

32 equities research analysts have issued 1-year price targets for Continental Resources' stock. Their predictions range from $7.00 to $88.00. On average, they expect Continental Resources' share price to reach $49.86 in the next year. This suggests a possible upside of 77.9% from the stock's current price. View Analyst Price Targets for Continental Resources.

What is the consensus analysts' recommendation for Continental Resources?

32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 11 hold ratings and 21 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Continental Resources.

Has Continental Resources been receiving favorable news coverage?

News headlines about CLR stock have been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Continental Resources earned a news impact score of 0.8 on InfoTrie's scale. They also gave media stories about the oil and natural gas company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Continental Resources.

Are investors shorting Continental Resources?

Continental Resources saw a drop in short interest in the month of September. As of September 30th, there was short interest totalling 4,550,000 shares, a drop of 13.3% from the August 30th total of 5,250,000 shares. Based on an average daily volume of 3,140,000 shares, the days-to-cover ratio is presently 1.4 days. Approximately 5.5% of the shares of the stock are short sold. View Continental Resources' Current Options Chain.

Who are some of Continental Resources' key competitors?

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), Och-Ziff Capital Management Group (OZM) and Transocean (RIG).

Who are Continental Resources' key executives?

Continental Resources' management team includes the folowing 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)

Who are Continental Resources' major shareholders?

Continental Resources' stock is owned by many different of institutional and retail investors. Top institutional investors include Gateway Investment Advisers LLC (0.10%), Whittier Trust Co. (0.03%), Miller Howard Investments Inc. NY (0.02%), Moody National Bank Trust Division (0.02%), Nisa Investment Advisors LLC (0.02%) and Denali Advisors LLC (0.02%). 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 Gateway Investment Advisers LLC, Nisa Investment Advisors LLC, Robeco Institutional Asset Management B.V., Miller Howard Investments Inc. NY, Delphi Management Inc. MA and Whittier Trust Co.. View Insider Buying and Selling for Continental Resources.

Which institutional investors are buying Continental Resources stock?

CLR stock was bought by a variety of institutional investors in the last quarter, including Three Peaks Capital Management LLC, Denali Advisors LLC, Envestnet Asset Management Inc., Zurcher Kantonalbank Zurich Cantonalbank , Signaturefd LLC, MHI Funds LLC, Cerebellum GP LLC and NuWave Investment Management LLC. 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.

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 $28.03.

How big of a company is Continental Resources?

Continental Resources has a market capitalization of $10.49 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.

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]


MarketBeat Community Rating for Continental Resources (NYSE CLR)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  1,045 (Vote Outperform)
Underperform Votes:  848 (Vote Underperform)
Total Votes:  1,893
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.
This page was last updated on 10/22/2019 by MarketBeat.com Staff

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