Continental Resources (CLR) Stock Price, News & Analysis

Company Overview

Continental Resources, Inc. is an independent oil producer engaged in the exploration, development, and production of crude oil and natural gas. The firm's operations include horizontal drilling and protecting groundwater. The company was founded by Harold G. Hamm in 1967 and is headquartered in Oklahoma City, OK.

Key Stats

• Today's Range: N/A
• 50-Day Range: $62.65 to $74.27
• 52-Week Range: N/A
• Volume: 194,173 shs
• Average Volume: 2.17 million shs
• Market Capitalization: $26.96 billion
• P/E Ratio: 7.55
• Dividend Yield: 1.51%
• Price Target: N/A
• Consensus Rating: N/A

Continental Resources Stock Analysis - MarketRank™

Continental Resources scored higher than 27% of companies evaluated by MarketBeat, and ranked 230th out of 262 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Continental Resources.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: -1.52%

Earnings Growth

Earnings for Continental Resources are expected to decrease by -1.52% in the coming year, from $11.22 to $11.05 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Continental Resources is 7.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.68.

Price to Earnings Ratio vs. Sector

The P/E ratio of Continental Resources is 7.55, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.92.

Price to Earnings Growth Ratio

Continental Resources has a PEG Ratio of 0.20. PEG Ratios below 1 indicate that a company could be undervalued.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CLR.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Continental Resources pays a meaningful dividend of 1.51%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Continental Resources does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Continental Resources is 11.38%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Continental Resources will have a dividend payout ratio of 10.14% next year. This indicates that Continental Resources will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -8.70

Short Interest

There is no current short interest data available for CLR.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

2 people have searched for CLR on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Continental Resources insiders have not sold or bought any company stock.

Percentage Held by Insiders

58.57% of the stock of Continental Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 13.41% of the stock of Continental Resources is held by institutions.

CLR Stock Analysis - Frequently Asked Questions

How were Continental Resources' earnings last quarter?

Continental Resources, Inc. (NYSE:CLR) released its quarterly earnings results on Wednesday, November, 3rd. The oil and natural gas company reported $1.20 EPS for the quarter, meeting analysts' consensus estimates of $1.20. The oil and natural gas company earned $1.34 billion during the quarter, compared to analysts' expectations of $1.40 billion. Continental Resources had a trailing twelve-month return on equity of 43.58% and a net margin of 40.29%.

When did Continental Resources' stock split?

Shares of Continental Resources 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 stock prior to the split would have 200 shares after the split.

Does Continental Resources have any subsidiaries?

Continental Resources subsidiaries include these companies: 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.

What other stocks do shareholders of Continental Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Continental Resources investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Micron Technology (MU) and Athabasca Oil (ATH).

Company Calendar

• Last Earnings: 11/03/2021
• Today: 11/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: NYSE:CLR
• CUSIP: 21201510
• CIK: 732834
• Web: www.clr.com
• Phone: (405) 774-5257
• Fax: 405-234-9253
• Employees: 1,254
• Year Founded: 1967

Profitability

• EPS (Most Recent Fiscal Year): $9.84
• Trailing P/E Ratio: 7.55
• Forward P/E Ratio: N/A
• P/E Growth: 0.2
• Net Income: $1.66 billion
• Net Margins: 40.29%
• Pretax Margin: 53.35%
• Return on Equity: 43.58%
• Return on Assets: 19.13%

Debt

• Debt-to-Equity Ratio: 0.55
• Current Ratio: 1.20
• Quick Ratio: 1.15

Sales & Book Value

• Annual Sales: $5.72 billion
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: 7.56
• Book Value: $28.41 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 363,020,000
• Free Float: 150,399,000
• Market Cap: $26.96 billion
• Optionable: Optionable
• Beta: 2.32