Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties 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, 2016, its estimated proved reserves were 1,331 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 602 MMBoe. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Current SymbolNYSE:CLR
Previous Symbol
CUSIP21201510
Phone405-234-9000
Debt
Debt-to-Equity Ratio1.00
Current Ratio0.92
Quick Ratio0.85
Price-To-Earnings
Trailing P/E Ratio89.49
Forward P/E Ratio14.54
P/E Growth0.69
Sales & Book Value
Annual Sales$3.12 billion
Price / Sales5.50
Cash Flow$4.7941 per share
Price / Cash Flow9.52
Book Value$13.68 per share
Price / Book3.34
Profitability
EPS (Most Recent Fiscal Year)$0.51
Net Income$789.44 million
Net Margins35.43%
Return on Equity18.48%
Return on Assets6.98%
Miscellaneous
Employees1,127
Outstanding Shares376,020,000
Market Cap$17.76 billion
OptionableOptionable
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."
When did Continental Resources' stock split? How did Continental Resources' stock split work?
Shares of Continental Resources split on the morning of Thursday, September 11th 2014. The 2-1 split was announced on Monday, August 18th 2014. The newly created shares were distributed 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 were Continental Resources' earnings last quarter?
Continental Resources, Inc. (NYSE:CLR) announced its earnings results on Monday, October, 29th. The oil and natural gas company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.82 by $0.08. The oil and natural gas company had revenue of $1.28 billion for the quarter, compared to analysts' expectations of $1.21 billion. Continental Resources had a return on equity of 18.48% and a net margin of 35.43%. The company's revenue for the quarter was up 76.4% on a year-over-year basis. During the same quarter last year, the business posted $0.09 EPS. View Continental Resources' Earnings History.
When is Continental Resources' next earnings date?
What price target have analysts set for CLR?
36 Wall Street analysts have issued 12-month target prices for Continental Resources' shares. Their predictions range from $55.00 to $90.00. On average, they anticipate Continental Resources' stock price to reach $71.4828 in the next twelve months. This suggests a possible upside of 56.6% from the stock's current price. View Analyst Price Targets for Continental Resources.
What is the consensus analysts' recommendation for Continental Resources?
36 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 11 hold ratings and 25 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?
News headlines about CLR stock have trended positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Continental Resources earned a coverage optimism score of 2.6 on InfoTrie's scale. They also gave news coverage about the oil and natural gas company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the stock's share price in the next several days.
Who are some of Continental Resources' key competitors?
Some companies that are related to Continental Resources include EOG Resources (EOG), ENI (E), Occidental Petroleum (OXY), Ecopetrol (EC), Canadian Natural Resources (CNQ), The Hong Kong and China Gas (HOKCY), Anadarko Petroleum (APC), Concho Resources (CXO), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Sasol (SSL), Marathon Oil (MRO), Rwe Ag Sp (RWEOY), Devon Energy (DVN) and GALP ENERGIA SG/ADR (GLPEY).
Who are Continental Resources' key executives?
Continental Resources' management team includes the folowing people:
- Mr. Harold G. Hamm LLM, Exec. Chairman & CEO (Age 72)
- Mr. Jack H. Stark, Pres (Age 63)
- Mr. John D. Hart, Sr. VP, CFO & Treasurer (Age 50)
- Mr. Eric S. Eissenstat, Sr. VP, Gen. Counsel, Chief Risk Officer & Sec. (Age 60)
- Mr. Gary E. Gould, Sr. VP of Production & Resource Devel. (Age 53)
Who are Continental Resources' major shareholders?
Continental Resources' stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (3.93%), Vanguard Group Inc. (2.29%), BlackRock Inc. (1.36%), Morgan Stanley (0.45%), TIAA CREF Investment Management LLC (0.43%) and Prudential Financial Inc. (0.33%). 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, Mark E Monroe 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 BlueMountain Capital Management LLC, Allianz Asset Management GmbH, FMR LLC, Perella Weinberg Partners Capital Management LP, First Quadrant L P CA, Artemis Investment Management LLP, Mitsubishi UFJ Trust & Banking Corp and Vanguard Group Inc.. Company insiders that have sold Continental Resources company stock in the last year include Ellis L Mccain, Eric Spencer Eissenstat, Gary E Gould, Jack H Stark, John D Hart, John T Mcnabb II, Mark E Monroe and Steven K Owen. 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 Bridgeway Capital Management Inc., Point72 Asset Management L.P., Prudential Financial Inc., Janus Henderson Group PLC, BlackRock Inc., Mobius Capital Management LLC, Morgan Stanley and Waratah Capital Advisors Ltd.. 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, Scottrade, Fidelity and Charles Schwab.
What is Continental Resources' stock price today?
One share of CLR stock can currently be purchased for approximately $45.64.
How big of a company is Continental Resources?
Continental Resources has a market capitalization of $17.76 billion and generates $3.12 billion in revenue each year. The oil and natural gas company earns $789.44 million in net income (profit) each year or $0.51 on an earnings per share basis. Continental Resources employs 1,127 workers across the globe.
What is Continental Resources' official website?
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)
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.
