NYSE:CLR

Continental Resources Stock Forecast, Price & News

$27.45
-0.06 (-0.22 %)
(As of 04/15/2021 12:00 AM ET)
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Today's Range
$26.71
Now: $27.45
$27.73
50-Day Range
$24.18
MA: $26.97
$31.74
52-Week Range
$9.79
Now: $27.45
$32.39
Volume2.07 million shs
Average Volume2.64 million shs
Market Capitalization$10.09 billion
P/E RatioN/A
Dividend YieldN/A
Beta3.37
Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas 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, 2020, its proved reserves were 1,104 million barrels of crude oil equivalent (MMBoe) with proved developed reserves of 627 MMBoe. The company was founded in 1967 and is headquartered in Oklahoma City, Oklahoma.
Continental Resources logo

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
CUSIP21201510
Phone405-234-9000
Employees1,201
Year Founded1967

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.63 billion
Cash Flow$10.94 per share
Book Value$19.14 per share

Profitability

Net Income$775.64 million

Miscellaneous

Market Cap$10.09 billion
Next Earnings Date4/28/2021 (Confirmed)
OptionableOptionable

Headlines

Is CLR Stock A Buy or Sell?
April 14, 2021 |  finance.yahoo.com
Continental Resources (NYSE:CLR) Trading 5.2% Higher
April 9, 2021 |  americanbankingnews.com
Continental Resources (NYSE:CLR) Trading Down 4.5%
April 8, 2021 |  americanbankingnews.com
Continental Resources (NYSE:CLR) Stock Price Up 5.9%
March 24, 2021 |  americanbankingnews.com
ROCE Insights For Continental Resources
March 15, 2021 |  benzinga.com
CLR Apr 2021 25.000 call
March 12, 2021 |  uk.finance.yahoo.com
CLR Apr 2021 34.000 call
March 12, 2021 |  uk.finance.yahoo.com
The Oil Industry Is Ready To Fight President Biden In Court
February 25, 2021 |  finance.yahoo.com
Insiders Were Right: CLR Makes New 52-Week High
February 24, 2021 |  nasdaq.com
See More Headlines

MarketRank

Overall MarketRank

1.40 out of 5 stars

Oils/Energy Sector

146th out of 668 stocks

Crude Petroleum & Natural Gas Industry

53rd out of 247 stocks

Analyst Opinion: 2.0Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
$27.45
-0.06 (-0.22 %)
(As of 04/15/2021 12:00 AM ET)
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Continental Resources (NYSE:CLR) Frequently Asked Questions

Is Continental Resources a buy right now?

22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last twelve months. There are currently 2 sell ratings, 17 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research 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.
View analyst ratings for Continental Resources
or view top-rated stocks.

What stocks does MarketBeat like better than Continental Resources?

Wall Street analysts have given Continental Resources a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Continental Resources wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Continental Resources' next earnings date?

Continental Resources is scheduled to release its next quarterly earnings announcement on Wednesday, April 28th 2021.
View our earnings forecast for Continental Resources
.

How can I listen to Continental Resources' earnings call?

Continental Resources will be holding an earnings conference call on Wednesday, April 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Continental Resources' earnings last quarter?

Continental Resources, Inc. (NYSE:CLR) issued its quarterly earnings data on Monday, February, 15th. The oil and natural gas company reported ($0.23) earnings per share for the quarter, missing analysts' consensus estimates of ($0.08) by $0.15. The oil and natural gas company had revenue of $837.64 million for the quarter, compared to analysts' expectations of $769.66 million. Continental Resources had a negative net margin of 10.54% and a negative trailing twelve-month return on equity of 2.05%. During the same quarter last year, the company earned $0.55 earnings per share.
View Continental Resources' earnings history
.

How has Continental Resources' stock price been impacted by Coronavirus?

Continental Resources' stock was trading at $8.78 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CLR shares have increased by 212.6% and is now trading at $27.45.
View which stocks have been most impacted by COVID-19
.

When did Continental Resources' stock split? How did Continental Resources' stock split work?

Continental Resources shares split before market open on 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 will Continental Resources' stock buyback program work?

Continental Resources declared that its Board of Directors has authorized a share buyback program on Monday, June 3rd 2019, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 7.6% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

What price target have analysts set for CLR?

22 brokers have issued 1 year price objectives for Continental Resources' stock. Their forecasts range from $5.50 to $34.00. On average, they expect Continental Resources' stock price to reach $20.35 in the next year. This suggests that the stock has a possible downside of 25.9%.
View analysts' price targets for Continental Resources
or view top-rated stocks among Wall Street analysts.

Who are Continental Resources' key executives?

Continental Resources' management team includes the following people:
  • Mr. Harold G. Hamm LLM, Founder & Exec. Chairman (Age 75, Pay $4.4M)
  • Mr. William B. Berry B.Sc., M.Sc., CEO & Director (Age 68, Pay $100.19k)
  • Mr. Jack H. Stark, Pres & COO (Age 66, Pay $1.88M)
  • Mr. John D. Hart, Sr. VP, CFO & Treasurer (Age 53, Pay $1.54M)
  • Mr. Eric S. Eissenstat, Sr. VP, Gen. Counsel, Chief Risk Officer & Sec. (Age 63, Pay $1.06M)
  • Mr. Patrick W. Bent, Sr. VP of Operations (Age 65, Pay $1.15M)
  • Mr. Claude Seaman, VP & Chief Accounting Officer
  • Ms. Diane Montgomery, VP of Corp. Fin. & Treasury
  • Mr. Joe Davis, VP & Chief Information Officer
  • Mr. Rory R. Sabino, VP of Investor Relations

What is Harold G. Hamm's approval rating as Continental Resources' CEO?

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.

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

What is Continental Resources' stock symbol?

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

Who are Continental Resources' major shareholders?

Continental Resources' stock is owned by a variety of retail and institutional investors. Top institutional investors include Moody National Bank Trust Division (0.02%), TrimTabs Asset Management LLC (0.01%), State of Alaska Department of Revenue (0.00%), NuWave Investment Management LLC (0.00%), AdvisorNet Financial Inc (0.00%) and Contravisory Investment Management Inc. (0.00%). Company insiders that own Continental Resources stock include Eric Spencer Eissenstat, Harold Hamm, Jack H Stark, John D Hart, John T Mcnabb II, Steven K Owen, Timothy Garth Taylor and William B Berry.
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 State of Alaska Department of Revenue, NuWave Investment Management LLC, and Moody National Bank Trust Division.
View insider buying and selling activity for Continental Resources
or view top insider-selling stocks.

Which major investors are buying Continental Resources stock?

CLR stock was purchased by a variety of institutional investors in the last quarter, including TrimTabs Asset Management LLC, Contravisory Investment Management Inc., and AdvisorNet Financial Inc. Company insiders that have bought Continental Resources stock in the last two years include Harold Hamm, John D Hart, John T Mcnabb II, Steven K Owen, Timothy Garth Taylor, and William B Berry.
View insider buying and selling activity for Continental Resources
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Continental Resources' stock price today?

One share of CLR stock can currently be purchased for approximately $27.45.

How much money does Continental Resources make?

Continental Resources has a market capitalization of $10.09 billion and generates $4.63 billion in revenue each year. The oil and natural gas company earns $775.64 million in net income (profit) each year or $2.25 on an earnings per share basis.

How many employees does Continental Resources have?

Continental Resources employs 1,201 workers across the globe.

When was Continental Resources founded?

Continental Resources was founded in 1967.

What is Continental Resources' official website?

The official website for Continental Resources is www.clr.com.

Where are Continental Resources' headquarters?

Continental Resources is headquartered at 20 NORTH BROADWAY, OKLAHOMA CITY OK, 73102.

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]


This page was last updated on 4/15/2021 by MarketBeat.com Staff
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