Continental Resources
Market Cap
US$6.8b
Last Updated
2021/01/25 23:51 UTC
Data Sources
Company Financials +
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 is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: CLR's weekly volatility has decreased from 17% to 11% over the past year.
Market Performance
7 Day Return
-2.0%
CLR
-2.4%
US Oil and Gas
2.6%
US Market
1 Year Return
-33.9%
CLR
-23.3%
US Oil and Gas
26.0%
US Market
Return vs Industry: CLR underperformed the US Oil and Gas industry which returned -23.3% over the past year.
Return vs Market: CLR underperformed the US Market which returned 26% over the past year.
Shareholder returns
| CLR | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.0% | -2.4% | 2.6% |
| 30 Day | 13.5% | 9.8% | 5.1% |
| 90 Day | 46.7% | 40.7% | 17.1% |
| 1 Year | -33.8%-33.9% | -18.2%-23.3% | 28.9%26.0% |
| 3 Year | -66.4%-66.5% | -33.6%-42.6% | 46.3%36.6% |
| 5 Year | -5.2%-5.5% | -4.4%-22.8% | 126.9%101.6% |
Long-Term 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?
1.11x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CLR ($18.96) is trading above our estimate of fair value ($15.78)
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 (1.1x) 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?
62.1%
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%).
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 (10.6% 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 (9.3%).
Next Steps
Past Performance
How has Continental Resources performed over the past 5 years?
36.7%
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 36.7% 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 (-32.7%).
Return on Equity
High ROE: CLR has a negative Return on Equity (-4.86%), 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 ($699.8M) do not cover its short term liabilities ($748.1M).
Long Term Liabilities: CLR's short term assets ($699.8M) do not cover its long term liabilities ($7.5B).
Debt to Equity History and Analysis
Debt Level: CLR's debt to equity ratio (86.6%) is considered high.
Reducing Debt: CLR's debt to equity ratio has reduced from 148.3% to 86.6% over the past 5 years.
Debt Coverage: CLR's debt is well covered by operating cash flow (30.9%).
Interest Coverage: Insufficient data to determine if CLR's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Continental Resources's current dividend yield, its reliability and sustainability?
0.14%
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?
4.8yrs
Average management tenure
CEO
Bill Berry (67 yo)
1
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | no data | US$12.75m | 82.18% $ 5.6b | |
| CEO & Director | 1yr | US$100.19k | 0.29% $ 19.7m | |
| President & COO | 6.33yrs | US$5.76m | 0.23% $ 15.6m | |
| Senior VP | 15.17yrs | US$4.35m | 0.12% $ 7.9m | |
| Senior VP | 9.42yrs | US$2.52m | 0.055% $ 3.7m | |
| Senior Vice President of Operations | 1yr | US$3.08m | 0.065% $ 4.5m | |
| VP & Chief Accounting Officer | no data | no data | no data | |
| Vice President of Corporate Finance & Treasury | no data | no data | no data | |
| VP & Chief Information Officer | 4.83yrs | no data | no data | |
| Vice President of Investor Relations | 2.83yrs | no data | no data | |
| Senior Vice President of Public Relations | 3.42yrs | no data | no data | |
| Senior Vice President of Marketing | 4.83yrs | no data | 0.014% $ 971.7k |
4.8yrs
Average Tenure
64yo
Average Age
Experienced Management: CLR's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | no data | US$12.75m | 82.18% $ 5.6b | |
| CEO & Director | 1yr | US$100.19k | 0.29% $ 19.7m | |
| Chief Culture Office | 2.67yrs | US$1.07m | 0.063% $ 4.3m | |
| Independent Lead Director | 3.67yrs | US$99.98k | 0.070% $ 4.8m | |
| Independent Director | 10.67yrs | US$94.60k | 0.013% $ 868.5k | |
| Independent Director | 14.92yrs | US$97.31k | 0.016% $ 1.1m | |
| Independent Director | 1.17yrs | US$130.93k | 0.013% $ 886.3k |
5.2yrs
Average Tenure
67yo
Average Age
Experienced Board: CLR's board of directors are considered experienced (5.2 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$6.833b
- Shares outstanding: 360.40m
- Website: https://www.clr.com
Number of Employees
Location
- Continental Resources, Inc.
- 20 North Broadway
- Oklahoma City
- Oklahoma
- 73102
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CLR | NYSE (New York Stock Exchange) | Yes | Voting Common Shares | US | USD | May 2007 |
| C5L | DB (Deutsche Boerse AG) | Yes | Voting Common Shares | DE | EUR | May 2007 |
| CLR * | BMV (Bolsa Mexicana de Valores) | Yes | Voting Common Shares | MX | MXN | May 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/25 23:51 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.