NYSE:CLR

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Continental Resources

Executive Summary

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. More Details


Snowflake Analysis

Reasonable growth potential with imperfect balance sheet.


Similar Companies

Share Price & News

How has Continental Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CLR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.5%

CLR

1.0%

US Oil and Gas

-0.4%

US Market


1 Year Return

-52.6%

CLR

-45.9%

US Oil and Gas

18.3%

US Market

Return vs Industry: CLR underperformed the US Oil and Gas industry which returned -45.9% over the past year.

Return vs Market: CLR underperformed the US Market which returned 18.3% over the past year.


Shareholder returns

CLRIndustryMarket
7 Day5.5%1.0%-0.4%
30 Day9.3%3.8%8.0%
90 Day-20.2%-15.0%9.4%
1 Year-52.4%-52.6%-42.6%-45.9%21.0%18.3%
3 Year-64.6%-64.7%-45.2%-52.5%42.1%32.7%
5 Year-58.9%-59.1%-42.6%-53.7%85.6%64.7%

Price Volatility Vs. Market

How volatile is Continental Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Continental Resources undervalued compared to its fair value and its price relative to the market?

0.81x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: CLR ($13.88) is trading above our estimate of fair value ($13.39)

Significantly Below Fair Value: CLR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CLR is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.

PE vs Market: CLR is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CLR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CLR's PB Ratio (0.8x) is in line with the US Oil and Gas industry average.


Next Steps

Future Growth

How is Continental Resources forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

88.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CLR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: CLR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CLR's is expected to become profitable in the next 3 years.

Revenue vs Market: CLR's revenue (10.7% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: CLR's revenue (10.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CLR's Return on Equity is forecast to be low in 3 years time (8.1%).


Next Steps

Past Performance

How has Continental Resources performed over the past 5 years?

40.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CLR is currently unprofitable.

Growing Profit Margin: CLR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CLR is unprofitable, but has reduced losses over the past 5 years at a rate of 40% per year.

Accelerating Growth: Unable to compare CLR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CLR is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-36.5%).


Return on Equity

High ROE: CLR has a negative Return on Equity (-1.18%), as it is currently unprofitable.


Next Steps

Financial Health

How is Continental Resources's financial position?


Financial Position Analysis

Short Term Liabilities: CLR's short term assets ($428.4M) do not cover its short term liabilities ($610.1M).

Long Term Liabilities: CLR's short term assets ($428.4M) do not cover its long term liabilities ($7.6B).


Debt to Equity History and Analysis

Debt Level: CLR's debt to equity ratio (87.4%) is considered high.

Reducing Debt: CLR's debt to equity ratio has reduced from 144% to 87.4% over the past 5 years.

Debt Coverage: CLR's debt is well covered by operating cash flow (39.3%).

Interest Coverage: CLR is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

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

0.26%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CLR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CLR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CLR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CLR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: CLR is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CLR's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.6yrs

Average management tenure


CEO

Bill Berry (67 yo)

0.75

Tenure

US$100,188

Compensation

Mr. William B. Berry, also known as Bill, B.Sc., M.Sc., serves as Chief Executive Officer and Director at Continental Resources, Inc. since January 01, 2020. He serves as Executive Vice President of Explor ...


Leadership Team

NamePositionTenureCompensationOwnership
Harold Hamm
Founder & Executive Chairmanno dataUS$12.75m82.22%
$ 4.1b
William Berry
CEO & Director0.75yrUS$100.19k0.29%
$ 14.5m
Jack Stark
President & COO6.08yrsUS$5.76m0.23%
$ 11.4m
John Hart
Senior VP14.92yrsUS$4.35m0.12%
$ 5.8m
Eric Eissenstat
Senior VP9.17yrsUS$2.52m0.055%
$ 2.7m
Patrick Bent
Senior Vice President of Operations0.75yrUS$3.08m0.065%
$ 3.3m
Claude Seaman
VP & Chief Accounting Officerno datano datano data
Diane Montgomery
Vice President of Corporate Finance & Treasuryno datano datano data
Joe Davis
VP & Chief Information Officer4.58yrsno datano data
Rory Sabino
Vice President of Investor Relations2.58yrsno datano data
Kristin Miskovsky
Senior Vice President of Public Relations3.17yrsno datano data
Ramiro Rangel
Senior Vice President of Marketing4.58yrsno data0.014%
$ 711.5k

4.6yrs

Average Tenure

64yo

Average Age

Experienced Management: CLR's management team is considered experienced (4.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Harold Hamm
Founder & Executive Chairmanno dataUS$12.75m82.22%
$ 4.1b
William Berry
CEO & Director0.75yrUS$100.19k0.29%
$ 14.5m
Shelly Lambertz
Chief Culture Office2.42yrsUS$1.07m0.063%
$ 3.2m
Mark Monroe
Independent Lead Director3.42yrsUS$99.98k0.070%
$ 3.5m
John McNabb
Independent Director10.42yrsUS$94.60k0.013%
$ 635.5k
Ellis McCain
Independent Director14.67yrsUS$97.31k0.016%
$ 817.5k
Timothy Taylor
Independent Director0.92yrUS$130.93k0.011%
$ 566.5k

4.9yrs

Average Tenure

67yo

Average Age

Experienced Board: CLR's board of directors are considered experienced (4.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CLR insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Continental Resources, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Continental Resources, Inc.
  • Ticker: CLR
  • Exchange: NYSE
  • Founded: 1967
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$5.000b
  • Shares outstanding: 360.22m
  • Website: https://www.clr.com

Number of Employees


Location

  • Continental Resources, Inc.
  • 20 North Broadway
  • Oklahoma City
  • Oklahoma
  • 73102
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CLRNYSE (New York Stock Exchange)YesVoting Common SharesUSUSDMay 2007
C5LDB (Deutsche Boerse AG)YesVoting Common SharesDEEURMay 2007
CLR *BMV (Bolsa Mexicana de Valores)YesVoting Common SharesMXMXNMay 2007

Biography

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 a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/25 00:50
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.