NYSE:CLR

Stock Analysis Report

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.

Snowflake

Fundamentals

Good value with adequate balance sheet.

Risks

  • Continental Resources has significant price volatility in the past 3 months.

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


Market Performance


7 Day Return

-3.4%

NYSE:CLR

-2.0%

US Oil and Gas

-1.6%

US Market


1 Year Return

-56.1%

NYSE:CLR

-26.0%

US Oil and Gas

-3.0%

US Market

CLR underperformed the Oil and Gas industry which returned -26% over the past year.

CLR underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

CLRIndustryMarket
7 Day-3.4%-2.0%-1.6%
30 Day-18.8%-10.8%-5.7%
90 Day-25.2%-10.6%0.2%
1 Year-56.1%-56.1%-23.3%-26.0%-0.8%-3.0%
3 Year-41.7%-41.7%-9.5%-17.6%38.1%29.1%
5 Year-64.3%-64.3%-34.8%-43.8%50.8%34.1%

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 based on future cash flows and its price relative to the stock market?

40%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

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, and at a substantial discount (> 40%).


Price Based on Earnings

Continental Resources is overvalued based on earnings compared to the US Oil and Gas industry average.

Continental Resources is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Continental Resources is good value based on expected growth next year.


Price Based on Value of Assets

Continental Resources is overvalued based on assets compared to the US Oil and Gas industry average.


Next Steps

Future Growth

How is Continental Resources expected to perform in the next 1 to 3 years based on estimates from 22 analysts?

13.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Continental Resources's revenue is expected to grow by 10.8% yearly, however this is not considered high growth (20% yearly).

Continental Resources's earnings are expected to grow by 13.9% yearly, however this is not considered high growth (20% yearly).

Continental Resources's revenue growth is expected to exceed the United States of America market average.

Continental Resources's earnings growth is positive but not above the United States of America market average.

Continental Resources's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Continental Resources is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Continental Resources performed over the past 5 years?

20.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Continental Resources has delivered over 20% year on year earnings growth in 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 US Oil and Gas industry average.


Return on Equity

Continental Resources has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Continental Resources used its assets more efficiently than the US Oil and Gas industry average last year based on Return on Assets.


Return on Capital Employed

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).


Next Steps

Financial Health

How is Continental Resources's financial position?


Financial Position Analysis

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.


Debt to Equity History and Analysis

Continental Resources's level of debt (84.5%) 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 (142.2% vs 84.5% today).

Debt is well covered by operating cash flow (57.6%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 5.4x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.2x debt.


Next Steps

Dividend

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

0.49%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Continental Resources's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

Continental Resources's dividend is below the markets top 25% of dividend payers in United States of America (3.93%).

Continental Resources is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.

Continental Resources is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of Continental Resources's dividends as it is not paying a notable one for United States of America.


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 United States of America.


Next Steps

Management

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

4.2yrs

Average management tenure


CEO

Harold Hamm (73yo)

52.6yrs

Tenure

US$13,332,412

Compensation

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 C ...


CEO Compensation Analysis

Harold's remuneration is about average for companies of similar size in United States of America.

Harold's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.2yrs

Average Tenure

62yo

Average Age

The tenure for the Continental Resources management team is about average.


Board Age and Tenure

5.3yrs

Average Tenure

68.5yo

Average Age

The tenure for the Continental Resources board of directors is about average.


Insider Trading

More shares have been bought than sold by Continental Resources individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$1,496,07810 Jun 19
Harold Hamm
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares38,600
Max PriceUS$38.76
BuyUS$39,88007 Jun 19
John McNabb
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,000
Max PriceUS$39.88
BuyUS$2,776,26720 May 19
Harold Hamm
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares65,000
Max PriceUS$42.71
BuyUS$1,195,90020 May 19
Transwestern Transports Llc
EntityCompany
Shares28,000
Max PriceUS$42.71
BuyUS$34,007,79826 Mar 19
Harold Hamm
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares791,828
Max PriceUS$42.98
BuyUS$39,324,90925 Feb 19
Harold Hamm
EntityIndividual
Role
Chief Executive Officer
Executive Chairman & CEO
Shares883,977
Max PriceUS$44.57
SellUS$335,00027 Sep 18
Gary Gould
EntityIndividual
Shares5,000
Max PriceUS$67.00

Ownership Breakdown


Management Team

  • Harold Hamm (73yo)

    Executive Chairman & CEO

    • Tenure: 52.6yrs
    • Compensation: US$13.33m
  • Jack Stark (64yo)

    President

    • Tenure: 4.9yrs
    • Compensation: US$6.04m
  • John Hart (51yo)

    Senior VP

    • Tenure: 13.8yrs
    • Compensation: US$4.57m
  • Eric Eissenstat (61yo)

    Senior VP

    • Tenure: 8.0yrs
    • Compensation: US$2.51m
  • Diane Montgomery

    Vice President of Corporate Finance & Treasury

    • Tenure: 0.0yrs
  • Pat Bent (63yo)

    Senior Vice President of Operations

    • Tenure: 0.2yrs
    • Compensation: US$2.66m
  • Claude Seaman

    VP & Chief Accounting Officer

    • Tenure: 0.0yrs
  • Rory Sabino

    Vice President of Investor Relations

    • Tenure: 1.4yrs
  • Joe Davis

    VP & Chief Information Officer

    • Tenure: 3.4yrs
  • Shelly Lambertz (52yo)

    VP of Human Resources & Director

    • Tenure: 1.3yrs
    • Compensation: US$1.07m

Board Members

  • Mark Monroe (64yo)

    Lead Director

    • Tenure: 2.3yrs
    • Compensation: US$396.18k
  • John McNabb (74yo)

    Independent Director

    • Tenure: 9.3yrs
    • Compensation: US$376.18k
  • Lon McCain (71yo)

    Independent Director

    • Tenure: 13.5yrs
    • Compensation: US$385.29k
  • Harold Hamm (73yo)

    Executive Chairman & CEO

    • Tenure: 52.6yrs
    • Compensation: US$13.33m
  • William Berry (66yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: US$384.59k
  • Shelly Lambertz (52yo)

    VP of Human Resources & Director

    • Tenure: 1.3yrs
    • Compensation: US$1.07m

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$10.666b
  • Shares outstanding: 370.87m
  • 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 Analysis2019/08/25 00:07
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.