Continental Resources Stock Forecast, Price & News

$34.27
-2.30 (-6.29 %)
(As of 06/17/2021 12:00 AM ET)
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Today's Range
$33.73
$36.83
50-Day Range
$25.21
$36.79
52-Week Range
$11.09
$37.31
Volume2.57 million shs
Average Volume2.31 million shs
Market Capitalization$12.60 billion
P/E RatioN/A
Dividend Yield1.20%
Beta3.31
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Continental Resources logo

About Continental Resources

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.

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MarketRank

Overall MarketRank

1.44 out of 5 stars

Oils/Energy Sector

153rd out of 687 stocks

Crude Petroleum & Natural Gas Industry

55th out of 255 stocks

Analyst Opinion: 2.0Community Rank: 2.7Dividend Strength: 0.8Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -
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Continental Resources (NYSE:CLR) Frequently Asked Questions

Is Continental Resources a buy right now?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last twelve months. There are currently 3 sell ratings, 14 hold ratings and 4 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.
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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Continental Resources wasn't one of them. MarketBeat thinks these five companies 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 Monday, August 2nd 2021.
View our earnings forecast for Continental Resources
.

How were Continental Resources' earnings last quarter?

Continental Resources, Inc. (NYSE:CLR) posted its quarterly earnings results on Tuesday, April, 27th. The oil and natural gas company reported $0.77 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.52 by $0.25. The oil and natural gas company had revenue of $1.22 billion for the quarter, compared to analysts' expectations of $922.45 million. Continental Resources had a negative trailing twelve-month return on equity of 1.80% and a negative net margin of 5.19%. Continental Resources's revenue was up 38.0% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.08) earnings per share.
View Continental Resources' earnings history
.

How has Continental Resources' stock 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 290.3% and is now trading at $34.27.
View which stocks have been most impacted by COVID-19
.

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

Continental Resources declared a quarterly dividend on Wednesday, April 28th. Shareholders of record on Monday, May 10th will be given a dividend of $0.11 per share on Monday, May 24th. This represents a $0.44 annualized dividend and a yield of 1.28%. The ex-dividend date is Friday, May 7th. This is a boost from Continental Resources's previous quarterly dividend of $0.05.
View Continental Resources' dividend history
.

Is Continental Resources a good dividend stock?

Continental Resources pays an annual dividend of $0.44 per share and currently has a dividend yield of 1.20%.
View Continental Resources' dividend history.

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

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 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.

What price target have analysts set for CLR?

21 brokerages have issued 12-month price targets for Continental Resources' shares. Their forecasts range from $15.00 to $41.00. On average, they expect Continental Resources' stock price to reach $28.45 in the next year. This suggests that the stock has a possible downside of 17.0%.
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 $2.34M)
  • Mr. William B. Berry B.Sc., M.Sc., CEO & Director (Age 68, Pay $2.3M)
  • Mr. Jack H. Stark, Pres & COO (Age 66, Pay $1.49M)
  • Mr. John D. Hart, Sr. VP, CFO & Chief Strategy Officer (Age 53, Pay $1.22M)
  • Mr. Patrick W. Bent, Sr. VP of Operations (Age 65, Pay $1.01M)
  • 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
  • Mr. Eric S. Eissenstat, Sr. VP, Gen. Counsel, Chief Risk Officer & Sec. (Age 63)

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 shareholders include BlackRock Inc. (1.35%), Smead Capital Management Inc. (1.15%), Lord Abbett & CO. LLC (0.97%), Dimensional Fund Advisors LP (0.48%), Northern Trust Corp (0.40%) and Earnest Partners LLC (0.30%). Company insiders that own Continental Resources stock include Ellis L Mccain, Eric Spencer Eissenstat, Harold Hamm, Jack H Stark, John D Hart, John T Mcnabb II, Pat Bent, Steven K Owen, Timothy Garth Taylor and William B Berry.
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 Arrowstreet Capital Limited Partnership, Barclays PLC, Credit Suisse AG, D. E. Shaw & Co. Inc., Morgan Stanley, Voloridge Investment Management LLC, Federated Hermes Inc., and Millennium Management LLC. Company insiders that have sold Continental Resources company stock in the last year include Ellis L Mccain, John D Hart, and Pat Bent.
View insider buying and selling activity for Continental Resources
or view top insider-selling stocks.

Which institutional investors are buying Continental Resources stock?

CLR stock was purchased by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Smead Capital Management Inc., BlackRock Inc., State of Wisconsin Investment Board, Holocene Advisors LP, South Dakota Investment Council, Dimensional Fund Advisors LP, and Brandywine Global Investment Management LLC. 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 $34.27.

How much money does Continental Resources make?

Continental Resources has a market capitalization of $12.60 billion and generates $2.59 billion in revenue each year. The oil and natural gas company earns $-596,870,000.00 in net income (profit) each year or ($1.17) on an earnings per share basis.

How many employees does Continental Resources have?

Continental Resources employs 1,201 workers across the globe.

Does Continental Resources have any subsidiaries?

The following companies are subsidiares of Continental Resources: 20 Broadway Associates LLC, Banner Pipeline Company L.L.C., CLR Asset Holdings LLC, Flintlock Energy Inc., SFPG LLC, The Mineral Resources Company, The Mineral Resources Company II LLC, and Wall Industries.

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 6/18/2021 by MarketBeat.com Staff
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