Continental Resources Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 2 sell ratings, 8 hold ratings and 6 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.
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16 equities research analysts have issued 1 year target prices for Continental Resources' stock. Their CLR stock forecasts range from $53.00 to $95.00. On average, they anticipate Continental Resources' share price to reach $69.35 in the next year. This suggests a possible upside of 2.5% from the stock's current price.
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Continental Resources' stock was trading at $44.76 on January 1st, 2022. Since then, CLR shares have increased by 51.2% and is now trading at $67.69.
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Continental Resources is scheduled to release its next quarterly earnings announcement on Monday, August 1st 2022.
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Continental Resources, Inc. (NYSE:CLR) released its quarterly earnings results on Wednesday, May, 4th. The oil and natural gas company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.41 by $0.24. The oil and natural gas company had revenue of $1.82 billion for the quarter, compared to analysts' expectations of $2.16 billion. Continental Resources had a trailing twelve-month return on equity of 31.43% and a net margin of 31.63%. The firm's revenue for the quarter was up 49.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.77 EPS.
View Continental Resources' earnings history.

Continental Resources announced a quarterly dividend on Wednesday, April 27th. Shareholders of record on Monday, May 9th will be given a dividend of $0.28 per share on Monday, May 23rd. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date is Friday, May 6th. This is an increase from Continental Resources's previous quarterly dividend of $0.23.
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Continental Resources(NYSE:CLR) pays an annual dividend of $1.12 per share and currently has a dividend yield of 1.66%. 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 20.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Continental Resources will have a dividend payout ratio of 9.71% next year. This indicates that Continental Resources will be able to sustain or increase its dividend.
View Continental Resources' dividend history.

Shares of Continental Resources split 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 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.

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.

Some companies that are related to Continental Resources include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Devon Energy (DVN), Diamondback Energy (FANG), Marathon Oil (MRO), EQT (EQT), Southwestern Energy (SWN), Range Resources (RRC), PDC Energy (PDCE), Matador Resources (MTDR), SM Energy (SM), Comstock Resources (CRK), Whiting Petroleum (WLL) and Kosmos Energy (KOS).
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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).

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

Continental Resources' stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (1.15%), BlackRock Inc. (0.86%), State Street Corp (0.83%), Dimensional Fund Advisors LP (0.55%), Bank of America Corp DE (0.43%) and Northern Trust Corp (0.41%). Company insiders that own Continental Resources stock include Ellis L Mccain, Ellis L Mccain, Eric Spencer Eissenstat, Harold Hamm, Jack H Stark, Jack H Stark, John D Hart, John D Hart, John T Mcnabb II, John T Mcnabb II, Pat Bent, Steven K Owen, Timothy Garth Taylor and William B Berry.
View institutional ownership trends for Continental Resources.

CLR stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Federated Hermes Inc., Goldman Sachs Group Inc., National Bank of Canada FI, Invesco Ltd., Qube Research & Technologies Ltd, Northern Trust Corp, and Lord Abbett & CO. LLC. Company insiders that have sold Continental Resources company stock in the last two years include Ellis L Mccain, Eric Spencer Eissenstat, Jack H Stark, John D Hart, and Pat Bent.
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CLR stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, State Street Corp, Arrowstreet Capital Limited Partnership, BlackRock Inc., Northwestern Mutual Wealth Management Co., Gateway Investment Advisers LLC, Whittier Trust Co., and JPMorgan Chase & Co.. Company insiders that have bought Continental Resources stock in the last two years include Ellis L Mccain, Harold Hamm, John T Mcnabb II, and Timothy Garth Taylor.
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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.
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One share of CLR stock can currently be purchased for approximately $67.69.

Continental Resources (NYSE:CLR) has a market capitalization of $24.57 billion and generates $5.72 billion in revenue each year. The oil and natural gas company earns $1.66 billion in net income (profit) each year or $5.489990 on an earnings per share basis.

Continental Resources employs 1,254 workers across the globe.

Continental Resources was founded in 1967.

Continental Resources' mailing address is 20 NORTH BROADWAY, OKLAHOMA CITY OK, 73102. The official website for Continental Resources is www.clr.com. The oil and natural gas company can be reached via phone at (405) 774-5257, via email at [email protected], or via fax at 405-234-9253.