Continental Resources Stock Price, News & Analysis (NYSE:CLR)

Continental Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLR."

Continental Resources announced a quarterly dividend on Monday, June 3rd. Investors of record on Thursday, November 7th will be given a dividend of $0.05 per share on Thursday, November 21st. This represents a $0.20 annualized dividend and a dividend yield of 0.70%. The ex-dividend date of this dividend is Wednesday, November 6th. View Continental Resources' Dividend History.

Continental Resources shares split before market open 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.

Continental Resources declared that its Board of Directors has authorized a stock buyback program on Monday, June 3rd 2019, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 7.6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its shares are undervalued.

Continental Resources, Inc. (NYSE:CLR) issued its earnings results on Monday, August, 5th. The oil and natural gas company reported $0.59 EPS for the quarter, missing the Zacks' consensus estimate of $0.60 by $0.01. The oil and natural gas company earned $1.21 billion during the quarter, compared to the consensus estimate of $1.16 billion. Continental Resources had a return on equity of 15.09% and a net margin of 19.64%. The company's quarterly revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.73 EPS. View Continental Resources' Earnings History.

Continental Resources is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Continental Resources.

Continental Resources will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

32 brokerages have issued 1-year price objectives for Continental Resources' shares. Their predictions range from $7.00 to $88.00. On average, they anticipate Continental Resources' stock price to reach $51.55 in the next year. This suggests a possible upside of 80.9% from the stock's current price. View Analyst Price Targets for Continental Resources.

32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 11 hold ratings and 21 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Continental Resources.

News coverage about CLR stock has trended negative on Monday, InfoTrie reports. InfoTrie rates the sentiment of news coverage by reviewing 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 positive five, with scores nearest to five being the most favorable. Continental Resources earned a coverage optimism score of -2.8 on InfoTrie's scale. They also gave media coverage about the oil and natural gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Continental Resources.

Continental Resources saw a decline in short interest in the month of September. As of September 30th, there was short interest totalling 4,550,000 shares, a decline of 13.3% from the August 30th total of 5,250,000 shares. Based on an average daily trading volume, of 3,140,000 shares, the short-interest ratio is currently 1.4 days. Currently, 5.5% of the shares of the stock are short sold. View Continental Resources' Current Options Chain.

Some companies that are related to Continental Resources include EOG Resources (EOG), Ecopetrol (EC), The Hong Kong and China Gas (HOKCY), Occidental Petroleum (OXY), Canadian Natural Resources (CNQ), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Rwe Ag Sp (RWEOY), Diamondback Energy (FANG), Concho Resources (CXO), TORAY INDUSTRIE/ADR (TRYIY), GALP ENERGIA SG/ADR (GLPEY), Sasol (SSL), Cenovus Energy (CVE) and Noble Energy (NBL).

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), Och-Ziff Capital Management Group (OZM) and Transocean (RIG).

Continental Resources' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Denali Advisors LLC (0.02%), Delphi Management Inc. MA (0.01%) and Cerebellum GP LLC (0.00%). 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.

CLR stock was sold by a variety of institutional investors in the last quarter, including Delphi Management Inc. MA. View Insider Buying and Selling for Continental Resources.

CLR stock was purchased by a variety of institutional investors in the last quarter, including Denali Advisors LLC and Cerebellum GP LLC. 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.

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.

One share of CLR stock can currently be purchased for approximately $28.49.

Continental Resources has a market capitalization of $10.67 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.

The official website for Continental Resources is http://www.clr.com/.

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]