Continental Resources, Inc. (NYSE:CLR) – Imperial Capital issued their Q3 2017 earnings per share (EPS) estimates for Continental Resources in a note issued to investors on Tuesday. Imperial Capital analyst J. Wangler expects that the oil and natural gas company will post earnings of ($0.04) per share for the quarter. Imperial Capital has a “In-Line” rating and a $41.00 price objective on the stock. Imperial Capital also issued estimates for Continental Resources’ Q4 2017 earnings at $0.00 EPS, FY2017 earnings at ($0.03) EPS and FY2018 earnings at $0.65 EPS.

CLR has been the topic of several other reports. BidaskClub upgraded Continental Resources from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 2nd. ValuEngine downgraded Continental Resources from a “hold” rating to a “sell” rating in a report on Friday, June 2nd. Zacks Investment Research upgraded Continental Resources from a “sell” rating to a “hold” rating in a report on Wednesday, August 2nd. Citigroup Inc. reduced their price objective on Continental Resources from $60.00 to $40.00 and set a “buy” rating on the stock in a report on Friday, July 21st. Finally, Seaport Global Securities downgraded Continental Resources from a “buy” rating to a “sell” rating and reduced their price objective for the stock from $57.00 to $20.00 in a report on Wednesday, June 21st. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $45.83.

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Institutional investors have recently bought and sold shares of the company. KBC Group NV boosted its position in shares of Continental Resources by 4.7% in the 1st quarter. KBC Group NV now owns 4,657 shares of the oil and natural gas company’s stock worth $211,000 after purchasing an additional 207 shares in the last quarter. Financial Architects Inc boosted its position in shares of Continental Resources by 870.0% in the 2nd quarter. Financial Architects Inc now owns 4,850 shares of the oil and natural gas company’s stock worth $157,000 after purchasing an additional 4,350 shares in the last quarter. Sii Investments Inc. WI boosted its position in shares of Continental Resources by 25.6% in the 1st quarter. Sii Investments Inc. WI now owns 5,150 shares of the oil and natural gas company’s stock worth $235,000 after purchasing an additional 1,050 shares in the last quarter. First Financial Equity Corporation acquired a new stake in shares of Continental Resources in the 1st quarter worth $241,000. Finally, TD Asset Management Inc. boosted its position in shares of Continental Resources by 5.5% in the 1st quarter. TD Asset Management Inc. now owns 5,754 shares of the oil and natural gas company’s stock worth $261,000 after purchasing an additional 300 shares in the last quarter. 23.30% of the stock is owned by hedge funds and other institutional investors.

About Continental Resources

Continental Resources, Inc is a crude oil and natural gas company with properties in the North, South and East regions of the United States. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units.

Earnings History and Estimates for Continental Resources (NYSE:CLR)

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