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Continental Resources

DB:C5L
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
C5L
DB
$14B
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

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 last earnings update was 25 days ago. More info.


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  • Continental Resources has significant price volatility in the past 3 months.
C5L Share Price and Events
7 Day Returns
-7.1%
DB:C5L
-0%
DE Oil and Gas
-3.2%
DE Market
1 Year Returns
-36.3%
DB:C5L
14.7%
DE Oil and Gas
-11.6%
DE Market
C5L Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Continental Resources (C5L) -7.1% -24% -9.1% -36.3% -6% -32.1%
DE Oil and Gas -0% 4.3% 9% 14.7% 12.7% 65.3%
DE Market -3.2% -5.1% 0.3% -11.6% 5.3% 5.9%
1 Year Return vs Industry and Market
  • C5L underperformed the Oil and Gas industry which returned 14.7% over the past year.
  • C5L underperformed the Market in Germany which returned -11.6% over the past year.
Price Volatility
C5L
Industry
5yr Volatility vs Market

C5L Value

 Is Continental Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Continental Resources to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Continental Resources.

DB:C5L Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 23 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.9%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:C5L
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.9
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.903 (1 + (1- 21%) (40.15%))
1.127
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.13
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.127 * 5.96%)
6.94%

Discounted Cash Flow Calculation for DB:C5L using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Continental Resources is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:C5L DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.94%)
2019 701.86 Analyst x10 656.29
2020 771.48 Analyst x7 674.54
2021 1,145.00 Analyst x3 936.11
2022 1,264.00 Analyst x1 966.30
2023 1,352.34 Est @ 6.99% 966.69
2024 1,419.42 Est @ 4.96% 948.76
2025 1,469.68 Est @ 3.54% 918.56
2026 1,507.11 Est @ 2.55% 880.79
2027 1,535.01 Est @ 1.85% 838.84
2028 1,555.95 Est @ 1.36% 795.07
Present value of next 10 years cash flows $8,581.94
DB:C5L DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $1,555.95 × (1 + 0.23%) ÷ (6.94% – 0.23%)
$23,218.30
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $23,218.30 ÷ (1 + 6.94%)10
$11,864.20
DB:C5L Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $8,581.94 + $11,864.20
$20,446.14
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $20,446.14 / 373.10
$54.8
DB:C5L Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:C5L represents 0.90123x of NYSE:CLR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.90123x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 54.80 x 0.90123
€49.39
Value per share (EUR) From above. €49.39
Current discount Discount to share price of €34.67
= -1 x (€34.67 - €49.39) / €49.39
29.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Continental Resources is available for.
Intrinsic value
30%
Share price is €34.67 vs Future cash flow value of €49.39
Current Discount Checks
For Continental Resources to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Continental Resources's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Continental Resources's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Continental Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Continental Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:C5L PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $2.53
NYSE:CLR Share Price ** NYSE (2019-05-24) in USD $38.47
Germany Oil and Gas Industry PE Ratio Median Figure of 5 Publicly-Listed Oil and Gas Companies 9.36x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 20.22x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Continental Resources.

DB:C5L PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:CLR Share Price ÷ EPS (both in USD)

= 38.47 ÷ 2.53

15.21x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Continental Resources is overvalued based on earnings compared to the DE Oil and Gas industry average.
  • Continental Resources is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Continental Resources's expected growth come at a high price?
Raw Data
DB:C5L PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.21x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 23 Analysts
16.5%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 59 Publicly-Listed Oil and Gas Companies 0.9x
Germany Market PEG Ratio Median Figure of 272 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

DB:C5L PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.21x ÷ 16.5%

0.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Continental Resources is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Continental Resources's assets?
Raw Data
DB:C5L PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $16.95
NYSE:CLR Share Price * NYSE (2019-05-24) in USD $38.47
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.05x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.76x
DB:C5L PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:CLR Share Price ÷ Book Value per Share (both in USD)

= 38.47 ÷ 16.95

2.27x

* Primary Listing of Continental Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Continental Resources is overvalued based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Continental Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Continental Resources has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

C5L Future Performance

 How is Continental Resources expected to perform in the next 1 to 3 years based on estimates from 23 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Continental Resources expected to grow at an attractive rate?
  • Continental Resources's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Continental Resources's earnings growth is expected to exceed the Germany market average.
  • Continental Resources's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:C5L Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:C5L Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 23 Analysts 16.5%
DB:C5L Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 23 Analysts 12.5%
Germany Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average -8.6%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:C5L Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 23 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:C5L Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 8,039 5,266 1,993 2
2022-12-31 7,263 4,899 1,727 2
2021-12-31 6,125 4,272 1,366 7
2020-12-31 5,455 3,975 1,217 15
2019-12-31 4,851 3,359 1,006 15
DB:C5L Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 4,369 3,291 941
2018-12-31 4,380 3,456 988
2018-09-30 4,267 3,232 1,632
2018-06-30 3,749 2,803 1,329
2018-03-31 3,274 2,495 1,023
2017-12-31 2,821 2,079 789
2017-09-30 2,415 1,610 -25
2017-06-30 2,224 1,545 -145
2017-03-31 2,127 1,317 -201
2016-12-31 1,910 1,126 -400
2016-09-30 1,910 1,305 -567
2016-06-30 2,070 1,438 -540

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Continental Resources's earnings are expected to grow by 16.5% yearly, however this is not considered high growth (20% yearly).
  • Continental Resources's revenue is expected to grow by 12.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:C5L Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 23 Analyst Estimates (S&P Global) See Below

All data from Continental Resources Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:C5L Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 4.73 6.20 3.26 2.00
2022-12-31 4.37 5.84 2.89 2.00
2021-12-31 3.59 5.41 2.30 8.00
2020-12-31 3.32 4.93 2.10 19.00
2019-12-31 2.69 3.39 1.97 15.00
DB:C5L Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 2.53
2018-12-31 2.66
2018-09-30 4.39
2018-06-30 3.58
2018-03-31 2.76
2017-12-31 2.13
2017-09-30 -0.07
2017-06-30 -0.39
2017-03-31 -0.54
2016-12-31 -1.08
2016-09-30 -1.53
2016-06-30 -1.46

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Continental Resources is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Continental Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Continental Resources has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

C5L Past Performance

  How has Continental Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Continental Resources's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Continental Resources's year on year earnings growth rate has been positive over the past 5 years.
  • Continental Resources's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Continental Resources's 1-year earnings growth is negative, it can't be compared to the Europe Oil and Gas industry average.
Earnings and Revenue History
Continental Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Continental Resources Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:C5L Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 4,369.02 941.35 195.90
2018-12-31 4,380.38 988.32 191.21
2018-09-30 4,267.27 1,632.49 202.81
2018-06-30 3,748.54 1,328.95 201.73
2018-03-31 3,273.84 1,022.92 196.64
2017-12-31 2,820.90 789.45 204.10
2017-09-30 2,414.61 -24.80 204.79
2017-06-30 2,223.69 -145.04 207.77
2017-03-31 2,126.51 -200.88 203.30
2016-12-31 1,909.74 -399.68 186.55
2016-09-30 1,909.79 -567.02 172.98
2016-06-30 2,069.98 -539.83 178.63
2016-03-31 2,376.76 -420.02 185.01
2015-12-31 2,388.45 -353.67 209.26
2015-09-30 2,939.88 -99.94 228.80
2015-06-30 3,475.07 516.00 232.27
2015-03-31 3,822.58 619.14 246.09
2014-12-31 4,241.86 977.34 234.72
2014-09-30 4,245.54 996.12 208.79
2014-06-30 4,092.87 630.09 193.54
2014-03-31 3,838.25 849.83 182.44
2013-12-31 3,613.56 764.22 179.33
2013-09-30 3,379.47 851.91 173.29
2013-06-30 3,002.83 728.50 165.57
2013-03-31 2,641.82 810.92 153.66
2012-12-31 2,388.57 739.39 137.44
2012-09-30 2,255.83 406.81 122.74
2012-06-30 2,045.45 801.86 115.07

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Continental Resources has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Continental Resources used its assets less efficiently than the DE Oil and Gas industry average last year based on Return on Assets.
  • Continental Resources has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Continental Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Continental Resources has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

C5L Health

 How is Continental Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Continental Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Continental Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Continental Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Continental Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Continental Resources Company Filings, last reported 1 month ago.

DB:C5L Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 6,638.30 5,785.12 264.37
2018-12-31 6,421.86 5,768.35 282.75
2018-09-30 5,938.81 5,957.67 12.90
2018-06-30 5,613.49 6,166.54 129.99
2018-03-31 5,361.22 6,166.08 98.15
2017-12-31 5,131.20 6,353.69 43.90
2017-09-30 4,276.78 6,614.55 10.77
2017-06-30 4,254.34 6,555.99 17.19
2017-03-31 4,309.35 6,510.45 17.19
2016-12-31 4,302.00 6,579.92 16.64
2016-09-30 4,260.70 6,832.34 19.50
2016-06-30 4,366.95 7,151.46 16.56
2016-03-31 4,475.12 7,205.60 12.93
2015-12-31 4,668.90 7,117.79 11.46
2015-09-30 4,798.58 7,110.83 16.96
2015-06-30 4,856.03 6,990.16 25.46
2015-03-31 4,841.04 6,786.91 47.65
2014-12-31 4,967.84 5,928.88 24.38
2014-09-30 4,848.21 5,833.92 152.29
2014-06-30 4,304.26 6,133.34 776.96
2014-03-31 4,187.76 5,069.84 51.54
2013-12-31 3,953.12 4,715.83 28.48
2013-09-30 3,820.61 4,441.82 91.51
2013-06-30 3,643.34 4,442.80 220.41
2013-03-31 3,312.08 3,978.77 58.55
2012-12-31 3,163.70 3,539.72 35.73
2012-09-30 2,925.37 2,945.68 259.45
2012-06-30 2,791.50 2,254.84 29.14
  • Continental Resources's level of debt (87.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (121.3% vs 87.1% today).
  • Debt is well covered by operating cash flow (56.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.3x coverage).
X
Financial health checks
We assess Continental Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Continental Resources has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

C5L Dividends

 What is Continental Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Continental Resources dividends. Estimated to be 0% next year.
If you bought €2,000 of Continental Resources shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Continental Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Continental Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:C5L Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 23 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 60 Stocks 5.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:C5L Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 5.00
2020-12-31 0.00 6.00
2019-12-31 0.00 7.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Continental Resources has not reported any payouts.
  • Unable to verify if Continental Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Continental Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Continental Resources has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Continental Resources's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Continental Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Continental Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Continental Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

C5L Management

 What is the CEO of Continental Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Harold Hamm
COMPENSATION $13,332,412
AGE 72
TENURE AS CEO 52.3 years
CEO Bio

Mr. Harold G. Hamm has been Chief Executive Officer and a Director of Continental Resources, Inc. since its inception in 1967 and also serves as its Chairman of the Board. Mr. Hamm served as President of Continental Resources, Inc. from October 31, 2008 to November 3, 2009. He was elected Chairman of the Hiland Partners, LP's Board of Directors in October 2004. Mr. Hamm has served as Chairman of the Hiland Holdings GP, LP's Board of Directors since September 2006 until February 13, 2015. In December 1994, Mr. Hamm began serving as President and Chief Executive Officer and as a Director of Continental Gas, Inc. and he subsequently served as Chief Executive Officer and Director of Continental Gas, Inc. until 2004. Mr. Hamm is also immediate past President of the National Stripper Well Association, a member of the Executive Board of the Oklahoma Independent Petroleum Association and a member of the Executive Board of the Oklahoma Energy Explorers. Mr. Hamm was a Director of Complete Production Services, Inc. from September 2005 to February 2012. He has served on the board of directors of the National Fish and Wildlife Foundation since October 2017 and on the board of directors of America First Policies since December 2017. Mr. Hamm is Chairman of Domestic Energy Producers Alliance and served as Chairman of the Oklahoma Independent Petroleum Association from June 2005 to June 2007. He is a Founder and Chairman of Save Domestic Oil, Inc. and is Co-Chairman of the Council for a Secure America.

CEO Compensation
  • Harold's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Harold's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Continental Resources management team in years:

4.1
Average Tenure
61
Average Age
  • The tenure for the Continental Resources management team is about average.
Management Team

Harold Hamm

TITLE
Executive Chairman & CEO
COMPENSATION
$13M
AGE
72
TENURE
52.3 yrs

Jack Stark

TITLE
President
COMPENSATION
$6M
AGE
63
TENURE
4.7 yrs

John Hart

TITLE
Senior VP
COMPENSATION
$5M
AGE
50
TENURE
13.5 yrs

Pat Bent

TITLE
Senior Vice President of Drilling
COMPENSATION
$3M
AGE
62
TENURE
3.5 yrs

Shelly Lambertz

TITLE
VP of Human Resources & Director
COMPENSATION
$1M
AGE
51
TENURE
0.6 yrs

Claude Seaman

TITLE
VP & Chief Accounting Officer

Diane Montgomery

TITLE
Vice President of Corporate Finance & Treasury

Joe Davis

TITLE
VP & Chief Information Officer
TENURE
3.2 yrs

Rory Sabino

TITLE
Vice President of Investor Relations
TENURE
1.2 yrs

Eric Eissenstat

TITLE
Senior VP
COMPENSATION
$3M
AGE
60
TENURE
7.8 yrs
Board of Directors Tenure

Average tenure and age of the Continental Resources board of directors in years:

5
Average Tenure
67.5
Average Age
  • The tenure for the Continental Resources board of directors is about average.
Board of Directors

Harold Hamm

TITLE
Executive Chairman & CEO
COMPENSATION
$13M
AGE
72

Shelly Lambertz

TITLE
VP of Human Resources & Director
COMPENSATION
$1M
AGE
51
TENURE
1 yrs

Lon McCain

TITLE
Independent Director
COMPENSATION
$385K
AGE
70
TENURE
13.3 yrs

John McNabb

TITLE
Independent Director
COMPENSATION
$376K
AGE
73
TENURE
9 yrs

William Berry

TITLE
Independent Director
COMPENSATION
$385K
AGE
65
TENURE
5 yrs

Mark Monroe

TITLE
Lead Director
COMPENSATION
$396K
AGE
63
TENURE
2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Continental Resources insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
20. May 19 Buy Transwestern Transports Llc Company 16. May 19 16. May 19 28,000 €38.22 €1,070,091
20. May 19 Buy Harold Hamm Individual 16. May 19 16. May 19 65,000 €38.22 €2,484,204
26. Mar 19 Buy Harold Hamm Individual 22. Mar 19 25. Mar 19 791,828 €37.99 €30,059,493
25. Feb 19 Buy Harold Hamm Individual 21. Feb 19 22. Feb 19 883,977 €39.30 €34,680,637
27. Sep 18 Sell Gary Gould Individual 25. Sep 18 25. Sep 18 -5,000 €56.92 €-284,583
31. May 18 Buy Harold Hamm Individual 29. May 18 29. May 18 136,000 €56.52 €7,686,132
X
Management checks
We assess Continental Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Continental Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

C5L News

Simply Wall St News

C5L Company Info

Description

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. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.

Details
Name: Continental Resources, Inc.
C5L
Exchange: DB
Founded: 1967
$12,855,946,724
373,103,717
Website: http://www.clr.com
Address: Continental Resources, Inc.
20 North Broadway,
Oklahoma City,
Oklahoma, 73102,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE CLR Voting Common Shares New York Stock Exchange US USD 15. May 2007
DB C5L Voting Common Shares Deutsche Boerse AG DE EUR 15. May 2007
BMV CLR * Voting Common Shares Bolsa Mexicana de Valores MX MXN 15. May 2007
Number of employees
Current staff
Staff numbers
1,221
Continental Resources employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 21:07
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/05/23
Last earnings filing: 2019/04/29
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.