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 declared a quarterly dividend on Monday, January 27th. Shareholders of record on Friday, February 7th will be paid a dividend of $0.05 per share on Friday, February 21st. This represents a $0.20 annualized dividend and a yield of 1.15%. The ex-dividend date is Thursday, February 6th. 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 created 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 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 management believes its shares are undervalued.

Continental Resources, Inc. (NYSE:CLR) issued its quarterly earnings data on Wednesday, February, 26th. The oil and natural gas company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.03. The oil and natural gas company had revenue of $1.20 billion for the quarter, compared to analysts' expectations of $1.13 billion. Continental Resources had a net margin of 17.00% and a return on equity of 12.49%. View Continental Resources' Earnings History.

Continental Resources is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Continental Resources.

20 brokers have issued twelve-month price targets for Continental Resources' shares. Their forecasts range from $28.00 to $58.00. On average, they expect Continental Resources' stock price to reach $41.61 in the next year. This suggests a possible upside of 138.3% from the stock's current price. View Analyst Price Targets for Continental Resources.

20 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 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Continental Resources.

Headlines about CLR stock have been trending somewhat negative on Thursday, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Continental Resources earned a media sentiment score of -1.7 on InfoTrie's scale. They also gave news headlines about the oil and natural gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Continental Resources.

Continental Resources saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 5,220,000 shares, an increase of 12.3% from the January 30th total of 4,650,000 shares. Based on an average daily volume of 2,300,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 6.4% of the shares of the stock 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), Marathon Oil (MRO), Devon Energy (DVN), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS), EQT (EQT) and Matador Resources (MTDR).

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 a variety of 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%), Geode Capital Management LLC (0.24%) and First Trust Advisors LP (0.21%). 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 purchased by a variety of institutional investors in the last quarter, including State Street Corp, Man Group plc, First Trust Advisors LP, Bank of New York Mellon Corp, Brookfield Hedge Solutions LLC, AustralianSuper Pty Ltd, South Dakota Investment Council and Penn Capital Management Co. Inc.. 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 $17.46.

Continental Resources has a market capitalization of $6.49 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.

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]