Continental Resources, Inc. (CLR): Price and Financial Metrics


Continental Resources, Inc. (CLR)

Today's Latest Price: $16.13 USD

0.59 (3.80%)

Updated Jul 8 6:40pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 96 in Energy - Oil & Gas

See all "A" rated Strong Buy stocks

CLR Stock Summary

  • The price/operating cash flow metric for Continental Resources Inc is higher than merely 13.34% of stocks in our set with a positive cash flow.
  • Of note is the ratio of Continental Resources Inc's sales and general administrative expense to its total operating expenses; just 4.04% of US stocks have a lower such ratio.
  • In terms of volatility of its share price, CLR is more volatile than 87.97% of stocks we're observing.
  • Stocks that are quantitatively similar to CLR, based on their financial statements, market capitalization, and price volatility, are MRO, MUR, CNX, PK, and CVE.
  • CLR's SEC filings can be seen here. And to visit Continental Resources Inc's official web site, go to www.clr.com.
CLR Daily Price Range
CLR 52-Week Price Range

CLR Stock Price Chart Technical Analysis Charts


CLR Price/Volume Stats

Current price $16.13 52-week high $42.57
Prev. close $15.54 52-week low $6.90
Day low $15.55 Volume 6,875,400
Day high $16.68 Avg. volume 5,936,026
50-day MA $15.43 Dividend yield N/A
200-day MA $22.64 Market Cap 5.89B

Continental Resources, Inc. (CLR) Company Bio


Continental Resources explores, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The company was founded in 1967 and is based in Oklahoma City, Oklahoma.

CLR Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target:Forecasted Gain:
$16.13$13.89-11%

We started the process of determining a valid price forecast for Continental Resources Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Continental Resources Inc ranked in the 45th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 10.33%. As for the metrics that stood out in our discounted cash flow analysis of Continental Resources Inc, consider:

  • As a business, CLR is generating more cash flow than 67.9% of positive cash flow stocks in the Energy.
  • The business' balance sheet reveals debt to be 51% of the company's capital (with equity being the remaining amount). Approximately 70.81% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
  • Continental Resources Inc's weighted average cost of capital (WACC) is 6%; for context, that number is higher than just 4.75% of tickers in our DCF set.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-12%
1%-12%
2%-11%
3%-10%
4%-9%
5%-8%

Want more companies with a valuation profile/forecast similar to that of Continental Resources Inc? See ENSV, DLNG, XEC, CKH, and CLMT.


CLR Latest News Stream


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Latest CLR News From Around the Web

Below are the latest news stories about Continental Resources Inc that investors may wish to consider to help them evaluate CLR as an investment opportunity.

Who Wins and Who Loses From a Dakota Pipeline Shutdown

Producers with exposure to the Bakken “will see some level of impact to cash flow,” Cowen analyst says.

Yahoo | July 8, 2020

Energy Transfer May Cut Its Distribution: Dakota Access Pipeline Ruling Implications

On July 6th a US district court ordered the Dakota Access Pipeline (DAPL) to shut down by August 6th, pending further environmental review. This sent the share prices of affected companies Energy Transfer (ET), Continental (CLR), Phillips 66 Partners (PSXP) and others down substantially: Data by YChartsOne of the largest...

Josh Young on Seeking Alpha | July 7, 2020

Grim Day for Pipelines Shows They’re Almost Impossible to Build

(Bloomberg) -- To be an energy superpower, U.S. oil and natural gas requires a suitably gargantuan pipeline network that stretches for millions of miles. The country’s ability to expand that infrastructure is being tested like never before.In the span of less than 24 hours, a court ordered the Dakota Access crude oil pipeline to shut down and the developers of the Atlantic Coast gas conduit said they were canceling the project. It was a deluge of bad news for an industry that’s increasingly finding that the mega-projects of the past are no longer feasible in the face of unprecedented opposition to fossil fuels and the infrastructure that supports them.Armed with experienced lawyers and record funding, environmental groups are finding enormous success blocking key pipeline permits in cou...

Yahoo | July 6, 2020

Notable Insider Buys: Novartis, T-Mobile And More

* Insider buying can be an encouraging signal for potential investors. * The executive chair of a petroleum production company returned to the buy window last week. * A former director and a former 10% owner also made notable purchases.Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit. So insider buying can be an encouraging signal for potential investors, particularly during periods of uncertainty.Insiders continued to add shares despite overall market volatility and economic uncertainty. Here are some of the most noteworthy insider purchases reported in the past week.Continental Resources Continental Resources, Inc. (NYSE: CLR) saw its founder and executive chair ...

Yahoo | July 4, 2020

Why Continental Resources Stock Rebounded 32% in June

Shares of Continental Resources (NYSE: CLR) jumped 32.5% in May, according to data provided by S&P Global Market Intelligence. Several factors fueled that rally, including the continued rebound in the oil market, which enabled the oil producer to start turning some of its wells back on line. Oil prices continued climbing back last month, with WTI, the main U.S. oil price benchmark, rallying another 10% to around $40 a barrel.

Yahoo | July 2, 2020

Read More 'CLR' Stories Here

CLR Price Returns

1-mo -15.37%
3-mo N/A
6-mo -51.53%
1-year -61.76%
3-year -47.40%
5-year -56.68%
YTD -52.89%
2019 -14.52%
2018 -24.13%
2017 2.77%
2016 124.28%
2015 -40.09%

Continue Researching CLR

Want to see what other sources are saying about Continental Resources Inc's financials and stock price? Try the links below:

Continental Resources Inc (CLR) Stock Price | Nasdaq
Continental Resources Inc (CLR) Stock Quote, History and News - Yahoo Finance
Continental Resources Inc (CLR) Stock Price and Basic Information | MarketWatch


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