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. Stockholders 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 dividend yield of 0.79%. The ex-dividend date of this dividend is Thursday, February 6th. View Continental Resources' Dividend History.

Shares of Continental Resources split before market open on Thursday, September 11th 2014. The 2-1 split was announced on Monday, August 18th 2014. The newly issued 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.

Continental Resources announced that its Board of Directors has approved a share buyback program on Monday, June 3rd 2019, which permits the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 7.6% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

Continental Resources, Inc. (NYSE:CLR) posted its earnings results on Wednesday, October, 30th. The oil and natural gas company reported $0.54 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.44 by $0.10. The oil and natural gas company earned $1.10 billion during the quarter, compared to the consensus estimate of $1.08 billion. Continental Resources had a return on equity of 12.49% and a net margin of 17.00%. The company's revenue for the quarter was down 13.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.90 earnings per share. 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.

Continental Resources will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

18 brokerages have issued 1 year price objectives for Continental Resources' shares. Their forecasts range from $28.00 to $58.00. On average, they anticipate Continental Resources' stock price to reach $42.50 in the next twelve months. This suggests a possible upside of 68.0% 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.

Press coverage about CLR stock has trended very negative on Sunday, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Continental Resources earned a news impact score of -3.4 on InfoTrie's scale. They also gave news headlines about the oil and natural gas company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Continental Resources.

Continental Resources saw a drop in short interest in the month of January. As of January 15th, there was short interest totalling 4,660,000 shares, a drop 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 company's shares are sold short. 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 institutional and retail 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 $25.30.

Continental Resources has a market capitalization of $9.40 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 rory.[email protected]