S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68

Continental Resources (CLR) Stock Forecast, Price & News

$59.78
+0.81 (+1.37%)
(As of 05/20/2022 09:17 PM ET)
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Today's Range
$58.03
$60.47
50-Day Range
$55.02
$65.82
52-Week Range
$30.28
$66.86
Volume
1.17 million shs
Average Volume
1.90 million shs
Market Capitalization
$21.70 billion
P/E Ratio
10.89
Dividend Yield
1.87%
Beta
2.77
30 days | 90 days | 365 days | Advanced Chart
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Continental Resources logo

About Continental Resources

Continental Resources, Inc. explores for, develops, produces, and manages crude oil, natural gas, and related products 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, 2021, its proved reserves were 1,645 million barrels of crude oil equivalent (MMBoe) with proved developed reserves of 908 MMBoe. The company was founded in 1967 and is headquartered in Oklahoma City, Oklahoma.

Headlines

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Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
21201510
Employees
1,254
Year Founded
1967

Sales & Book Value

Annual Sales
$5.72 billion
Cash Flow
$9.96 per share
Book Value
$22.79 per share

Profitability

Net Income
$1.66 billion
Pretax Margin
41.74%

Debt

Price-To-Earnings

Miscellaneous

Free Float
150,378,000
Market Cap
$21.70 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/4 Dividend
2/18/2022
Dividend Payable
3/04/2022
Last Earnings
5/04/2022
Ex-Dividend for 5/23 Dividend
5/06/2022
Today
5/23/2022
Dividend Payable
5/23/2022
Next Earnings (Estimated)
8/01/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

3.09 out of 5 stars

Oils/Energy Sector

5th out of 373 stocks

Crude Petroleum & Natural Gas Industry

5th out of 121 stocks

Analyst Opinion: 3.2Community Rank: 4.5Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -













Continental Resources (NYSE:CLR) Frequently Asked Questions

Is Continental Resources a buy right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 2 sell ratings, 5 hold ratings and 8 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.

When is Continental Resources' next earnings date?

Continental Resources is scheduled to release its next quarterly earnings announcement on Monday, August 1st 2022.
View our earnings forecast for Continental Resources
.

How were Continental Resources' earnings last quarter?

Continental Resources, Inc. (NYSE:CLR) announced its quarterly earnings data on Wednesday, May, 4th. The oil and natural gas company reported $2.65 EPS for the quarter, topping 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 analyst estimates of $2.16 billion. Continental Resources had a net margin of 31.63% and a trailing twelve-month return on equity of 31.43%. The firm's revenue was up 49.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.77 earnings per share.
View Continental Resources' earnings history
.

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

Continental Resources declared 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 yield of 1.87%. The ex-dividend date is Friday, May 6th. This is a positive change from Continental Resources's previous quarterly dividend of $0.23.
View Continental Resources' dividend history
.

Is Continental Resources a good dividend stock?

Continental Resources pays an annual dividend of $1.12 per share and currently has a dividend yield of 1.87%. 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 10.78% next year. This indicates that Continental Resources will be able to sustain or increase its dividend.
View Continental Resources' dividend history.

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

Continental Resources shares 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.

What price target have analysts set for CLR?

15 brokers have issued 12 month price targets for Continental Resources' shares. Their forecasts range from $53.00 to $95.00. On average, they anticipate Continental Resources' stock price to reach $67.78 in the next twelve months. This suggests a possible upside of 13.4% from the stock's current price.
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 & Non Exec. Chairman (Age 76, Pay $206.47k)
  • Mr. William B. Berry B.Sc., M.Sc., Pres, CEO & Director (Age 69, Pay $3.84M)
  • Mr. John D. Hart, Exec. VP of Strategic Planning & CFO (Age 54, Pay $2.03M) (LinkedIn Profile)
  • Mr. James R. Webb, Sr. VP, Gen. Counsel, Chief Risk Officer & Sec. (Age 54, Pay $879.73k)
  • Mr. Patrick W. Bent, Sr. VP of Operations (Age 66, Pay $1.44M)
  • Mr. Robert Douglas Lawler, Exec. VP & COO (Age 55)
  • Mr. Claude Seaman, VP & Chief Accounting Officer
  • Ms. Diane Montgomery, VP of Corp. Fin. & Treasury
  • Mr. Joe Davis, VP & Chief Information Officer
  • Ms. Shelly M. Lambertz, Exec. VP, Chief Culture & Admin. Officer and Director (Age 55)
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.

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 Vanguard Group Inc. (1.15%), BlackRock Inc. (0.86%), State Street Corp (0.83%), Dimensional Fund Advisors LP (0.55%), Northern Trust Corp (0.41%) and Goldman Sachs Group Inc. (0.38%). Company insiders that own Continental Resources stock include Ellis L Mccain, Ellis L Mccain, Eric Spencer Eissenstat, Harold Hamm, Jack H Stark, John D Hart, John D Hart, John T Mcnabb II, Pat Bent and Timothy Garth Taylor.
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 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 year include Eric Spencer Eissenstat, Jack H Stark, and John D Hart.
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 acquired 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.
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 $59.78.

How much money does Continental Resources make?

Continental Resources has a market capitalization of $21.70 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.

How many employees does Continental Resources have?

Continental Resources employs 1,254 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.

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) 774-5257, via email at [email protected], or via fax at 405-234-9253.

This page was last updated on 5/23/2022 by MarketBeat.com Staff

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