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

$25.30
-0.45 (-1.75 %)
(As of 02/21/2020 04:00 PM ET)
Today's Range
$24.84
Now: $25.30
$25.62
50-Day Range
$25.65
MA: $30.01
$36.07
52-Week Range
$24.84
Now: $25.30
$52.03
Volume2.22 million shs
Average Volume3.53 million shs
Market Capitalization$9.40 billion
P/E Ratio12.11
Dividend Yield0.78%
Beta1.94
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$7.64 per share
Book Value$17.08 per share

Profitability

Net Income$988.31 million

Miscellaneous

Employees1,221
Market Cap$9.40 billion
Next Earnings Date2/26/2020 (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 announced a quarterly dividend on Monday, January 27th. Stockholders 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 dividend yield of 0.79%. The ex-dividend date is Thursday, February 6th. View Continental Resources' Dividend History.

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

Shares of Continental Resources split before market open on Thursday, September 11th 2014. The 2-1 split was announced on Monday, August 18th 2014. The newly issued 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 initiated a share buyback plan on Monday, June 3rd 2019, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 7.6% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued.

How were Continental Resources' earnings last quarter?

Continental Resources, Inc. (NYSE:CLR) issued its quarterly earnings data on Wednesday, October, 30th. The oil and natural gas company reported $0.54 EPS for the quarter, topping analysts' consensus estimates 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 net margin of 17.00% and a return on equity of 12.49%. The firm's revenue for the quarter was down 13.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.90 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, February 26th 2020. 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, 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.

What price target have analysts set for CLR?

18 analysts have issued 1 year target prices for Continental Resources' shares. Their forecasts range from $28.00 to $58.00. On average, they expect Continental Resources' share price to reach $42.50 in the next twelve months. This suggests a possible upside of 68.0% from the stock's current price. View Analyst Price Targets for Continental Resources.

What is the consensus analysts' recommendation for Continental Resources?

18 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 11 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?

Media headlines about CLR stock have trended very negative on Saturday, according to InfoTrie. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Continental Resources earned a news impact score of -3.5 on InfoTrie's scale. They also assigned news stories about the oil and natural gas company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Continental Resources.

Are investors shorting Continental Resources?

Continental Resources saw a decline in short interest in 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 daily trading volume, of 2,060,000 shares, the short-interest ratio is presently 2.3 days. Currently, 5.7% of the company's stock are sold short. 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), Transocean (RIG) and Och-Ziff Capital Management Group (OZM).

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 retail and institutional 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.

Which major investors are selling Continental Resources stock?

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.

Which major investors are buying Continental Resources stock?

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.

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 $25.30.

How big of a company is Continental Resources?

Continental Resources has a market capitalization of $9.40 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:  2.7 out of 5 (star star)
Outperform Votes:  1,102 (Vote Outperform)
Underperform Votes:  905 (Vote Underperform)
Total Votes:  2,007
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 2/22/2020 by MarketBeat.com Staff

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