company background image
CLR logo

Continental Resources NYSE:CLR Stock Report

Last Price

US$74.27

Market Cap

US$26.6b

7D

0.2%

1Y

50.4%

Updated

23 Nov, 2022

Data

Company Financials +

Continental Resources, Inc.

NYSE:CLR Stock Report

Market Cap: US$26.6b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

CLR Stock Overview

Continental Resources, Inc. explores for, develops, produces, and manages crude oil, natural gas, and related products primarily in the north, south, and east regions of the United States. More details

CLR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends1/6

My Notes

Capture your thoughts, links and company narrative

Continental Resources, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Continental Resources
Historical stock prices
Current Share PriceUS$74.27
52 Week HighUS$75.49
52 Week LowUS$40.75
Beta2.33
1 Month Change0.50%
3 Month Change3.89%
1 Year Change50.41%
3 Year Change133.55%
5 Year Change61.28%
Change since IPO953.48%

Recent News & Updates

Continental Resources large holder says Hamm revised offer is still too low

Oct 17

Recent updates

Continental Resources large holder says Hamm revised offer is still too low

Oct 17

Continental Resources Is A Strong Pure-Play Oil Stock

Oct 04

Continental Resources: Projected To Generate Close To $2 Billion In 2H 2022 Cash Flow Now

Sep 24

Continental Resources Might Deserve A Premium Valuation, But Not Based On These Financials

Sep 16

Continental Resources Non-GAAP EPS of $3.47 beats by $0.28, revenue of $2.65B misses by $10M, guidance updated

Jul 28

Continental Resources: Takeover Offer May Limit Upside

Jul 06

Continental Resources: Assessing Its Value After Harold Hamm's $70 Per Share Offer

Jun 15

Continental Resources: Earnings Show A Lot To Like About This Undervalued E&P

May 11

Continental Resources - What To Make Of Its Huge Yield

Apr 04

Insider Weekends: Harold Hamm Purchases $20 Million Worth Of Continental Resources

Mar 14

Continental Resources And Diamondback Energy: Frackers Caught Between A Rock And A Hard Place

Feb 25

Continental Resources: Amazing Results And Forward Growth Potential

Feb 15

Continental Resources: Incredible FCF Yield But Substantially Undervalued

Jan 26

Continental Resources Jumps On A Deal

Jan 14

CLR Is An Example Of Why Shale Industry Is Not Responsive To Higher Oil & Gas Prices

Dec 06

Continental Resources: 2-Year Free Cash Flow May Reach $6 Billion

Oct 26

Continental Resources Doubled - Now What?

Aug 19

Continental Resources: Updated Guidance Results In $2.4 Billion In Projected FCF At Strip Prices

Aug 04

Continental Resources: Still Making Waves

May 04

Continental Resources, Inc. 2021 Q1 - Results - Earnings Call Presentation

Apr 30

Continental Resources Q1 2021 Earnings Preview

Apr 27

Shareholder Returns

CLRUS Oil and GasUS Market
7D0.2%5.6%3.2%
1Y50.4%20.7%24.2%

Return vs Industry: CLR underperformed the US Oil and Gas industry which returned 56.9% over the past year.

Return vs Market: CLR exceeded the US Market which returned -20.4% over the past year.

Price Volatility

Is CLR's price volatile compared to industry and market?
CLR volatility
CLR Average Weekly Movement4.2%
Oil and Gas Industry Average Movement5.5%
Market Average Movement6.5%
10% most volatile stocks in US Market18.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: CLR has not had significant price volatility in the past 3 months.

Volatility Over Time: CLR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19671,254Bill Berrywww.clr.com

Continental Resources, Inc. explores for, develops, produces, and manages crude oil, natural gas, and related products 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, 2021, its proved reserves were 1,645 million barrels of crude oil equivalent (MMBoe) with proved developed reserves of 908 MMBoe.

Continental Resources, Inc. Fundamentals Summary

How do Continental Resources's earnings and revenue compare to its market cap?
CLR fundamental statistics
Market capUS$26.56b
Earnings (TTM)US$3.56b
Revenue (TTM)US$9.34b

7.5x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CLR income statement (TTM)
RevenueUS$9.34b
Cost of RevenueUS$1.19b
Gross ProfitUS$8.15b
Other ExpensesUS$4.59b
EarningsUS$3.56b

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)9.96
Gross Margin87.21%
Net Profit Margin38.13%
Debt/Equity Ratio61.1%

How did CLR perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

10%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2022/11/23 16:40
End of Day Share Price 2022/11/22 00:00
Earnings2022/09/30
Annual Earnings2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Continental Resources, Inc. is covered by 54 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joseph AllmanBaird
Thomas DriscollBarclays
Rudolf HokansonBarrington Research Associates, Inc.