NYSE:CLR - Continental Resources Stock Price, Forecast & News

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

Continental Resources announced a quarterly dividend on Monday, January 27th. Shareholders of record on Friday, February 7th will be given a dividend of $0.05 per share on Friday, February 21st. This represents a $0.20 annualized dividend and a yield of 0.91%. The ex-dividend date is Thursday, February 6th. View Continental Resources' Dividend History.

Continental Resources's stock split on Thursday, September 11th 2014. The 2-1 split was announced on Monday, August 18th 2014. The newly minted shares were issued 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 announced that its board has authorized a stock buyback plan 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 buy up to 7.6% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's management believes its stock is undervalued.

Continental Resources, Inc. (NYSE:CLR) posted its quarterly earnings data on Wednesday, October, 30th. The oil and natural gas company reported $0.54 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.44 by $0.10. The oil and natural gas company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.08 billion. Continental Resources had a return on equity of 12.49% and a net margin of 17.00%. The company's quarterly revenue was down 13.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.90 EPS. View Continental Resources' Earnings History.

Continental Resources is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Continental Resources.

18 brokerages have issued 12-month price targets for Continental Resources' shares. Their forecasts range from $28.00 to $58.00. On average, they expect Continental Resources' stock price to reach $42.50 in the next year. This suggests a possible upside of 94.1% from the stock's current price. View Analyst Price Targets for Continental Resources.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Continental Resources in the last year. There are currently 1 sell rating, 6 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Continental Resources.

Headlines about CLR stock have trended very negative on Wednesday, InfoTrie reports. InfoTrie scores the sentiment of press 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 nearest to five being the most favorable. Continental Resources earned a daily sentiment score of -3.0 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, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Continental Resources.

Continental Resources saw a decline in short interest during the month of January. As of January 15th, there was short interest totalling 4,660,000 shares, a decline of 18.4% from the December 31st total of 5,710,000 shares. Based on an average daily volume of 2,060,000 shares, the short-interest ratio is presently 2.3 days. Currently, 5.7% of the shares of the stock are short sold. View Continental Resources' Current Options Chain.

Some companies that are related to Continental Resources include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Diamondback Energy (FANG), Apache (APA), Noble Energy (NBL), Devon Energy (DVN), Marathon Oil (MRO), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS), EQT (EQT) and Matador Resources (MTDR).

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

Continental Resources' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (1.13%), Point72 Asset Management L.P. (0.38%), FMR LLC (0.29%), Bank of America Corp DE (0.24%), Geode Capital Management LLC (0.24%) and First Trust Advisors LP (0.21%). 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 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 FMR LLC, Cannell Peter B & Co. Inc., MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd, Renaissance Technologies LLC, Bank of America Corp DE, Bank of Montreal Can and Whittier Trust Co.. Company insiders that have sold Continental Resources company stock in the last year include Eric Spencer Eissenstat, Harold Hamm and Jack H Stark. View Insider Buying and Selling for Continental Resources.

CLR stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Man Group plc, First Trust Advisors LP, Bank of New York Mellon Corp, Brookfield Hedge Solutions LLC, AustralianSuper Pty Ltd, South Dakota Investment Council and Penn Capital Management Co. Inc.. 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 $21.90.

Continental Resources has a market capitalization of $8.13 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]