Continental Resources, Inc. (NYSE:CLR) – Stock analysts at Capital One Financial Corporation boosted their Q3 2017 earnings estimates for Continental Resources in a research report issued on Tuesday. Capital One Financial Corporation analyst P. Johnston now forecasts that the oil and natural gas company will post earnings of $0.09 per share for the quarter, up from their prior forecast of $0.04. Capital One Financial Corporation also issued estimates for Continental Resources’ Q4 2017 earnings at $0.12 EPS, FY2017 earnings at $0.23 EPS and FY2018 earnings at $0.45 EPS.

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CLR has been the subject of several other reports. Royal Bank Of Canada reissued a “buy” rating and issued a $46.00 price objective on shares of Continental Resources in a research note on Thursday, July 20th. Zacks Investment Research downgraded Continental Resources from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Barclays PLC reissued a “buy” rating and issued a $34.00 price objective on shares of Continental Resources in a research note on Friday, July 7th. Cowen and Company set a $35.00 price objective on Continental Resources and gave the stock a “hold” rating in a research note on Tuesday, July 18th. Finally, Seaport Global Securities downgraded Continental Resources from a “buy” rating to a “sell” rating and lowered their price objective for the stock from $57.00 to $20.00 in a research note on Wednesday, June 21st. Two investment 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. Continental Resources has a consensus rating of “Buy” and a consensus target price of $46.43.

Continental Resources (CLR) opened at 37.64 on Thursday. The firm’s market cap is $13.97 billion. The firm’s 50 day moving average price is $36.15 and its 200 day moving average price is $37.07. Continental Resources has a 52-week low of $29.08 and a 52-week high of $60.30.

Several institutional investors have recently bought and sold shares of CLR. Comerica Bank boosted its holdings in shares of Continental Resources by 0.7% in the first quarter. Comerica Bank now owns 15,941 shares of the oil and natural gas company’s stock worth $677,000 after acquiring an additional 110 shares during the period. UBS Asset Management Americas Inc. boosted its holdings in shares of Continental Resources by 10.6% in the first quarter. UBS Asset Management Americas Inc. now owns 231,214 shares of the oil and natural gas company’s stock worth $10,502,000 after acquiring an additional 22,201 shares during the period. TD Asset Management Inc. boosted its holdings in shares of Continental Resources by 5.5% in the first quarter. TD Asset Management Inc. now owns 5,754 shares of the oil and natural gas company’s stock worth $261,000 after acquiring an additional 300 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of Continental Resources by 1.4% in the first quarter. Ameriprise Financial Inc. now owns 39,294 shares of the oil and natural gas company’s stock worth $1,785,000 after acquiring an additional 533 shares during the period. Finally, Parametric Portfolio Associates LLC boosted its holdings in shares of Continental Resources by 6.5% in the first quarter. Parametric Portfolio Associates LLC now owns 132,812 shares of the oil and natural gas company’s stock worth $6,032,000 after acquiring an additional 8,075 shares during the period. 23.37% of the stock is owned by hedge funds and other institutional investors.

Continental Resources Company Profile

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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