Continental Resources Stock Forecast, Price & News

22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last twelve months. There are currently 2 sell ratings, 17 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research 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.
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Wall Street analysts have given Continental Resources a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Continental Resources wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Continental Resources is scheduled to release its next quarterly earnings announcement on Wednesday, April 28th 2021.
View our earnings forecast for Continental Resources.

Continental Resources will be holding an earnings conference call on Wednesday, April 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Continental Resources, Inc. (NYSE:CLR) issued its quarterly earnings data on Monday, February, 15th. The oil and natural gas company reported ($0.23) earnings per share for the quarter, missing analysts' consensus estimates of ($0.08) by $0.15. The oil and natural gas company had revenue of $837.64 million for the quarter, compared to analysts' expectations of $769.66 million. Continental Resources had a negative net margin of 10.54% and a negative trailing twelve-month return on equity of 2.05%. During the same quarter last year, the company earned $0.55 earnings per share.
View Continental Resources' earnings history.

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 212.6% and is now trading at $27.45.
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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 created shares were payable 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.

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

22 brokers have issued 1 year price objectives for Continental Resources' stock. Their forecasts range from $5.50 to $34.00. On average, they expect Continental Resources' stock price to reach $20.35 in the next year. This suggests that the stock has a possible downside of 25.9%.
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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.

Some companies that are related to Continental Resources include EOG Resources (EOG), Pioneer Natural Resources (PXD), Devon Energy (DVN), Diamondback Energy (FANG), Marathon Oil (MRO), Cabot Oil & Gas (COG), Cimarex Energy (XEC), EQT (EQT), PDC Energy (PDCE), Matador Resources (MTDR), Southwestern Energy (SWN), Range Resources (RRC), SM Energy (SM), Callon Petroleum (CPE) and Whiting Petroleum (WLL).
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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).

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

Continental Resources' stock is owned by a variety of retail and institutional investors. Top institutional investors include Moody National Bank Trust Division (0.02%), TrimTabs Asset Management LLC (0.01%), State of Alaska Department of Revenue (0.00%), NuWave Investment Management LLC (0.00%), AdvisorNet Financial Inc (0.00%) and Contravisory Investment Management Inc. (0.00%). Company insiders that own Continental Resources stock include Eric Spencer Eissenstat, Harold Hamm, Jack H Stark, John D Hart, John T Mcnabb II, Steven K Owen, Timothy Garth Taylor and William B Berry.
View institutional ownership trends for Continental Resources.

CLR stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, NuWave Investment Management LLC, and Moody National Bank Trust Division.
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CLR stock was purchased by a variety of institutional investors in the last quarter, including TrimTabs Asset Management LLC, Contravisory Investment Management Inc., and AdvisorNet Financial Inc. 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.

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.
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One share of CLR stock can currently be purchased for approximately $27.45.

Continental Resources has a market capitalization of $10.09 billion and generates $4.63 billion in revenue each year. The oil and natural gas company earns $775.64 million in net income (profit) each year or $2.25 on an earnings per share basis.

Continental Resources employs 1,201 workers across the globe.

Continental Resources was founded in 1967.

The official website for Continental Resources is www.clr.com.

Continental Resources is headquartered at 20 NORTH BROADWAY, OKLAHOMA CITY OK, 73102.

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]