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
SymbolNYSE:CLR
CUSIP21201510
Phone405-234-9000
Debt
Debt-to-Equity Ratio1.10
Current Ratio0.97
Quick Ratio0.89
Price-To-Earnings
Trailing P/E Ratio123.53
Forward P/E Ratio20.00
P/E GrowthN/A
Sales & Book Value
Annual Sales$3.12 billion
Price / Sales7.59
Cash Flow$4.8239 per share
Price / Cash13.06
Book Value$13.68 per share
Price / Book4.61
Profitability
EPS (Most Recent Fiscal Year)$0.51
Net Income$789.44 million
Net Margins32.80%
Return on Equity14.01%
Return on Assets4.98%
Miscellaneous
Employees1,127
Outstanding Shares376,030,000
Market Cap$24.36 billion
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?
Continental Resources shares split on Thursday, September 11th 2014. The 2-1 split was announced on Monday, August 18th 2014. The newly minted shares were payable 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.
How were Continental Resources' earnings last quarter?
Continental Resources, Inc. (NYSE:CLR) released its quarterly earnings data on Tuesday, August, 7th. The oil and natural gas company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.71 by $0.02. The oil and natural gas company had revenue of $1.14 billion for the quarter, compared to analysts' expectations of $1.13 billion. Continental Resources had a return on equity of 14.01% and a net margin of 32.80%. View Continental Resources' Earnings History.
When is Continental Resources' next earnings date?
What price target have analysts set for CLR?
30 brokers have issued twelve-month target prices for Continental Resources' shares. Their predictions range from $11.50 to $92.00. On average, they expect Continental Resources' stock price to reach $68.5192 in the next year. This suggests a possible upside of 8.8% from the stock's current price. View Analyst Price Targets for Continental Resources.
What is the consensus analysts' recommendation for Continental Resources?
30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 10 hold ratings and 20 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Continental Resources.
Who are some of Continental Resources' key competitors?
Some companies that are related to Continental Resources include PETROLEO BRASIL/ADR (PBR), CNOOC (CEO), EOG Resources (EOG), ENI (E), PETROLEO BRASIL/S (PBR.A), Occidental Petroleum (OXY), Ecopetrol (EC), Canadian Natural Resource (CNQ), Anadarko Petroleum (APC), Pioneer Natural Resources (PXD), The Hong Kong and China Gas (HOKCY), Concho Resources (CXO), WOODSIDE Pet Lt/ADR (WOPEY), Sasol (SSL) and Devon Energy (DVN).
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)
Has Continental Resources been receiving favorable news coverage?
Media stories about CLR stock have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Continental Resources earned a media and rumor sentiment score of 0.07 on Accern's scale. They also gave media headlines about the oil and natural gas company an impact score of 47.58 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Continental Resources.
Who are Continental Resources' major shareholders?
Continental Resources' stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (3.99%), BlackRock Inc. (1.28%), Morgan Stanley (0.40%), Millennium Management LLC (0.38%), Bank of America Corp DE (0.36%) and Bank of New York Mellon Corp (0.26%). 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 Point72 Asset Management L.P., Vaughan Nelson Investment Management L.P., Morgan Stanley, Waddell & Reed Financial Inc., Capital Advisors Inc. OK, Engineers Gate Manager LP, Jennison Associates LLC and Columbus Circle Investors. 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 bought by a variety of institutional investors in the last quarter, including FMR LLC, Millennium Management LLC, Voya Investment Management LLC, BlueMountain Capital Management LLC, Janus Henderson Group PLC, Worldquant Millennium Quantitative Strategies LLC, KBC Group NV and First Trust Advisors LP. 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 $63.00.
How big of a company is Continental Resources?
Continental Resources has a market capitalization of $24.36 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.
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.
