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Continental Resources Stock Price, News & Analysis (NYSE:CLR)

$28.22
-0.24 (-0.84 %)
(As of 10/15/2019 07:13 AM ET)
Today's Range
$27.53
Now: $28.22
$28.67
50-Day Range
$27.54
MA: $30.60
$40.14
52-Week Range
$27.26
Now: $28.22
$62.68
Volume2.52 million shs
Average Volume4.58 million shs
Market Capitalization$10.57 billion
P/E Ratio9.94
Dividend YieldN/A
Beta1.65
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. Read More…

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
CUSIP21201510
Phone405-234-9000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.71 billion
Cash Flow$7.71 per share
Book Value$17.08 per share

Profitability

Net Income$988.31 million

Miscellaneous

Employees1,221
Market Cap$10.57 billion
Next Earnings Date10/30/2019 (Confirmed)
OptionableOptionable

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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 announced a quarterly dividend on Monday, June 3rd. Shareholders 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 0.71%. The ex-dividend date 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 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.

How will Continental Resources' stock buyback program work?

Continental Resources declared that its board has initiated a share buyback plan 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 reacquire up to 7.6% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its stock is undervalued.

How were Continental Resources' earnings last quarter?

Continental Resources, Inc. (NYSE:CLR) issued its earnings results on Monday, August, 5th. The oil and natural gas company reported $0.59 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.60 by $0.01. The oil and natural gas company earned $1.21 billion during the quarter, compared to analysts' expectations of $1.16 billion. Continental Resources had a return on equity of 15.09% and a net margin of 19.64%. The business's quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.73 EPS. View Continental Resources' Earnings History.

When is Continental Resources' next earnings date?

Continental Resources is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Continental Resources.

How can I listen to Continental Resources' earnings call?

Continental Resources will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for CLR?

32 Wall Street analysts have issued 12 month price targets for Continental Resources' stock. Their forecasts range from $7.00 to $88.00. On average, they anticipate Continental Resources' stock price to reach $51.55 in the next twelve months. This suggests a possible upside of 82.7% 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 11 hold ratings and 21 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?

Headlines about CLR stock have been trending very negative on Tuesday, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Continental Resources earned a news impact score of -3.8 on InfoTrie's scale. They also assigned media stories about the oil and natural gas company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Continental Resources.

Are investors shorting Continental Resources?

Continental Resources saw a decrease in short interest in September. As of September 30th, there was short interest totalling 4,550,000 shares, a decrease of 13.3% from the August 30th total of 5,250,000 shares. Based on an average daily volume of 3,140,000 shares, the days-to-cover ratio is currently 1.4 days. Approximately 5.5% of the shares of the stock are sold short. View Continental Resources' Current Options Chain.

Who are some of Continental Resources' key 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), NIC (EGOV), Och-Ziff Capital Management Group (OZM) and Transocean (RIG).

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 retail and institutional investors. Top institutional shareholders include Denali Advisors LLC (0.02%), Delphi Management Inc. MA (0.01%) and Cerebellum GP LLC (0.00%). 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 institutional investors are selling Continental Resources stock?

CLR stock was sold by a variety of institutional investors in the last quarter, including Delphi Management Inc. MA. View Insider Buying and Selling for Continental Resources.

Which institutional investors are buying Continental Resources stock?

CLR stock was acquired by a variety of institutional investors in the last quarter, including Denali Advisors LLC and Cerebellum GP LLC. 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 $28.22.

How big of a company is Continental Resources?

Continental Resources has a market capitalization of $10.57 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?

The official website for Continental Resources is http://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 405-234-9000 or via email at [email protected]


MarketBeat Community Rating for Continental Resources (NYSE CLR)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  1,043 (Vote Outperform)
Underperform Votes:  848 (Vote Underperform)
Total Votes:  1,891
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.
This page was last updated on 10/15/2019 by MarketBeat.com Staff

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