Continental Resources, Inc explores for, develops, and produces crude oil and natural gas properties 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, 2018, its proved reserves were 1,522 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 675 MMBoe.
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Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Phone405-234-9000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.71 billion
Profitability
Miscellaneous
Employees1,221
Next Earnings Date11/4/2019 (Estimated)
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."
How often does Continental Resources pay dividends? What is the dividend yield for Continental Resources?
Continental Resources declared a quarterly dividend on Monday, June 3rd. Stockholders 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 0.58%. The ex-dividend date of this dividend is Wednesday, November 6th. View Continental Resources' Dividend History.
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 issued shares were issued 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 will Continental Resources' stock buyback program work?
Continental Resources announced that its Board of Directors has approved a stock buyback program on Monday, June 3rd 2019, which authorizes the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 7.6% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its shares are undervalued.
How were Continental Resources' earnings last quarter?
Continental Resources, Inc. (NYSE:CLR) issued its quarterly earnings data on Monday, August, 5th. The oil and natural gas company reported $0.59 EPS for the quarter, missing analysts' consensus estimates of $0.60 by $0.01. The oil and natural gas company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.16 billion. Continental Resources had a net margin of 19.64% and a return on equity of 15.09%. The business's revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.73 EPS. View Continental Resources' Earnings History.
When is Continental Resources' next earnings date?
What price target have analysts set for CLR?
32 brokers have issued 1 year target prices for Continental Resources' shares. Their predictions range from $7.00 to $88.00. On average, they expect Continental Resources' share price to reach $54.7727 in the next year. This suggests a possible upside of 60.0% from the stock's current price. View Analyst Price Targets for Continental Resources.
What is the consensus analysts' recommendation for Continental Resources?
32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 8 hold ratings and 24 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?
Media headlines about CLR stock have been trending negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Continental Resources earned a news impact score of -2.9 on InfoTrie's scale. They also assigned news stories about the oil and natural gas company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Continental Resources.
Are investors shorting Continental Resources?
Continental Resources saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 4,870,600 shares, an increase of 18.1% from the July 31st total of 4,124,400 shares. Based on an average daily volume of 2,440,000 shares, the days-to-cover ratio is currently 2.0 days. Currently, 5.7% of the shares of the company are short sold. View Continental Resources' Current Options Chain.
Who are some of Continental Resources' key competitors?
Some companies that are related to Continental Resources include ENI (E), EOG Resources (EOG), Ecopetrol (EC), Canadian Natural Resources (CNQ), Occidental Petroleum (OXY), The Hong Kong and China Gas (HOKCY), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Rwe Ag Sp (RWEOY), Diamondback Energy (FANG), Concho Resources (CXO), Sasol (SSL), TORAY INDUSTRIE/ADR (TRYIY), GALP ENERGIA SG/ADR (GLPEY) and Cenovus Energy (CVE).
What other stocks do shareholders of Continental Resources own?
Who are Continental Resources' key executives?
Continental Resources' management team includes the folowing people:
- Mr. Harold G. Hamm LLM, Exec. Chairman & CEO (Age 73)
- Mr. Jack H. Stark, Pres (Age 64)
- Mr. John D. Hart, Sr. VP, CFO & Treasurer (Age 51)
- Mr. Patrick W. Bent, Sr. VP of Drilling (Age 63)
- Ms. Shelly Lambertz, VP of HR & Director (Age 52)
Who are Continental Resources' major shareholders?
Continental Resources' stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (2.35%), Price T Rowe Associates Inc. MD (2.26%), BlackRock Inc. (1.21%), D. E. Shaw & Co. Inc. (0.90%), Worldquant Millennium Advisors LLC (0.27%) and Bank of America Corp DE (0.27%). 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 Carlson Capital L P, BlackRock Inc., Jennison Associates LLC, Jennison Associates LLC, Korea Investment CORP, Bank of America Corp DE, Renaissance Technologies LLC and Bank of New York Mellon Corp. 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 D. E. Shaw & Co. Inc., Nuveen Asset Management LLC, Worldquant Millennium Advisors LLC, JPMorgan Chase & Co., Price T Rowe Associates Inc. MD, Point72 Asset Management L.P., Caymus Capital Partners L.P. and Marshall Wace North America L.P.. 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.
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, Robinhood, Fidelity and Charles Schwab.
What is Continental Resources' stock price today?
One share of CLR stock can currently be purchased for approximately $34.24.
How big of a company is Continental Resources?
Continental Resources has a market capitalization of $12.82 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.
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.
