Continental Resources (CLR) Stock Forecast, Price & News

Continental Resources (NYSE:CLR) Frequently Asked Questions

Is Continental Resources a buy right now?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last twelve months. There are currently 2 sell ratings, 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street 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.
View analyst ratings for Continental Resources or view top-rated stocks.

Are investors shorting Continental Resources?

Continental Resources saw a drop in short interest in March. As of March 31st, there was short interest totaling 6,080,000 shares, a drop of 24.0% from the March 15th total of 8,000,000 shares. Based on an average daily volume of 2,110,000 shares, the days-to-cover ratio is currently 2.9 days. Currently, 4.4% of the company's shares are sold short.
View Continental Resources' Short Interest.

When is Continental Resources' next earnings date?

Continental Resources is scheduled to release its next quarterly earnings announcement on Monday, August 1st 2022.
View our earnings forecast for Continental Resources.

How were Continental Resources' earnings last quarter?

Continental Resources, Inc. (NYSE:CLR) released its quarterly earnings data on Wednesday, May, 4th. The oil and natural gas company reported $2.65 earnings per share for the quarter, beating analysts' consensus estimates of $2.41 by $0.24. The oil and natural gas company had revenue of $1.82 billion for the quarter, compared to analysts' expectations of $2.16 billion. Continental Resources had a net margin of 31.63% and a trailing twelve-month return on equity of 31.43%. Continental Resources's revenue for the quarter was up 49.4% on a year-over-year basis. During the same quarter last year, the company posted $0.77 EPS.
View Continental Resources' earnings history.

How often does Continental Resources pay dividends? What is the dividend yield for Continental Resources?

Continental Resources announced a quarterly dividend on Wednesday, April 27th. Investors of record on Monday, May 9th will be paid a dividend of $0.28 per share on Monday, May 23rd. This represents a $1.12 annualized dividend and a yield of 1.94%. The ex-dividend date is Friday, May 6th. This is a positive change from Continental Resources's previous quarterly dividend of $0.23.
View Continental Resources' dividend history.

Is Continental Resources a good dividend stock?

Continental Resources pays an annual dividend of $1.12 per share and currently has a dividend yield of 1.94%. Continental Resources has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Continental Resources is 20.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Continental Resources will have a dividend payout ratio of 10.79% next year. This indicates that Continental Resources will be able to sustain or increase its dividend.
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 minted shares were distributed 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.

What price target have analysts set for CLR?

16 brokerages have issued 1-year price targets for Continental Resources' shares. Their forecasts range from $53.00 to $95.00. On average, they expect Continental Resources' stock price to reach $67.78 in the next twelve months. This suggests a possible upside of 17.2% from the stock's current price.
View analysts' price targets for Continental Resources or view top-rated stocks among Wall Street analysts.

Who are Continental Resources' key executives?

Continental Resources' management team includes the following people:

• Mr. Harold G. Hamm LLM, Founder & Non Exec. Chairman (Age 76, Pay $206.47k)
• Mr. William B. Berry B.Sc., M.Sc., Pres, CEO & Director (Age 69, Pay $3.84M)
• Mr. John D. Hart, Exec. VP of Strategic Planning & CFO (Age 54, Pay $2.03M) (LinkedIn Profile)
• Mr. James R. Webb, Sr. VP, Gen. Counsel, Chief Risk Officer & Sec. (Age 54, Pay $879.73k)
• Mr. Patrick W. Bent, Sr. VP of Operations (Age 66, Pay $1.44M)
• Mr. Robert Douglas Lawler, Exec. VP & COO (Age 55)
• Mr. Claude Seaman, VP & Chief Accounting Officer
• Ms. Diane Montgomery, VP of Corp. Fin. & Treasury
• Mr. Joe Davis, VP & Chief Information Officer
• Ms. Shelly M. Lambertz, Exec. VP, Chief Culture & Admin. Officer and Director (Age 55)

What is Harold G. Hamm's approval rating as Continental Resources' CEO?

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.

Who are some of Continental Resources' key competitors?

Some companies that are related to Continental Resources include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Devon Energy (DVN), Diamondback Energy (FANG), Marathon Oil (MRO), EQT (EQT), Southwestern Energy (SWN), Range Resources (RRC), PDC Energy (PDCE), Matador Resources (MTDR), SM Energy (SM), Comstock Resources (CRK), Kosmos Energy (KOS) and Whiting Petroleum (WLL).
View all of CLR's competitors.

What other stocks do shareholders of Continental Resources own?

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).

What is Continental Resources' stock symbol?

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

Who are Continental Resources' major shareholders?

Continental Resources' stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (1.15%), BlackRock Inc. (0.86%), Dimensional Fund Advisors LP (0.55%), Northern Trust Corp (0.41%), First Trust Advisors LP (0.35%) and Arrowstreet Capital Limited Partnership (0.28%). Company insiders that own Continental Resources stock include Ellis L Mccain, Ellis L Mccain, Eric Spencer Eissenstat, Harold Hamm, Jack H Stark, John D Hart, John D Hart, John T Mcnabb II, Pat Bent and Timothy Garth Taylor.
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 Vanguard Group Inc., Federated Hermes Inc., National Bank of Canada FI, Qube Research & Technologies Ltd, Northern Trust Corp, Lord Abbett & CO. LLC, Bank of New York Mellon Corp, and Simplex Trading LLC. Company insiders that have sold Continental Resources company stock in the last year include Eric Spencer Eissenstat, Jack H Stark, and John D Hart.
View insider buying and selling activity for Continental Resources or view top insider-selling stocks.

Which major investors are buying Continental Resources stock?

CLR stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Arrowstreet Capital Limited Partnership, BlackRock Inc., Northwestern Mutual Wealth Management Co., Gateway Investment Advisers LLC, Whittier Trust Co., JPMorgan Chase & Co., and Alamar Capital Management LLC. Company insiders that have bought Continental Resources stock in the last two years include Ellis L Mccain, Harold Hamm, John T Mcnabb II, and Timothy Garth Taylor.
View insider buying and selling activity for Continental Resources or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Continental Resources' stock price today?

One share of CLR stock can currently be purchased for approximately $57.85.

How much money does Continental Resources make?

Continental Resources has a market capitalization of $21.00 billion and generates $5.72 billion in revenue each year. The oil and natural gas company earns $1.66 billion in net income (profit) each year or $5.489990 on an earnings per share basis.

How many employees does Continental Resources have?

Continental Resources employs 1,254 workers across the globe.

Does Continental Resources have any subsidiaries?

The following companies are subsidiares of Continental Resources: 20 Broadway Associates LLC, Banner Pipeline Company L.L.C., CLR Asset Holdings LLC, Flintlock Energy Inc., SFPG LLC, The Mineral Resources Company, The Mineral Resources Company II LLC, and Wall Industries.

When was Continental Resources founded?

Continental Resources was founded in 1967.

What is Continental Resources' official website?

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

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) 774-5257, via email at [email protected], or via fax at 405-234-9253.