Continental Resources (CLR) Scheduled to Post Quarterly Earnings on Tuesday

Continental Resources (NYSE:CLR) will issue its quarterly earnings data after the market closes on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.21 per share for the quarter.

Continental Resources (NYSE CLR) opened at $51.38 on Tuesday. The firm has a market cap of $18,407.75, a P/E ratio of -733.90 and a beta of 1.36. The company has a debt-to-equity ratio of 1.55, a current ratio of 0.94 and a quick ratio of 0.85. Continental Resources has a 12 month low of $29.08 and a 12 month high of $58.89.

In other news, Director Mark E. Monroe sold 20,000 shares of the stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $47.90, for a total transaction of $958,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Gary E. Gould sold 9,874 shares of the firm’s stock in a transaction on Friday, December 22nd. The shares were sold at an average price of $50.85, for a total transaction of $502,092.90. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 52,874 shares of company stock worth $2,603,673. 76.87% of the stock is currently owned by company insiders.

CLR has been the topic of several research reports. Barclays reiterated an “overweight” rating and issued a $58.00 price objective (up previously from $53.00) on shares of Continental Resources in a research note on Thursday, January 11th. Scotiabank dropped their price objective on shares of Continental Resources from $12.50 to $11.50 and set an “outperform” rating on the stock in a research note on Friday, November 10th. Macquarie upgraded shares of Continental Resources from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $53.57 to $55.00 in a research note on Thursday, December 14th. Zacks Investment Research upgraded shares of Continental Resources from a “hold” rating to a “buy” rating and set a $49.00 price objective on the stock in a research note on Wednesday, November 8th. Finally, Credit Suisse Group initiated coverage on shares of Continental Resources in a research note on Monday, December 11th. They issued an “outperform” rating and a $57.00 price objective on the stock. Nine investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Continental Resources presently has an average rating of “Buy” and a consensus price target of $53.56.

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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 for Continental Resources (NYSE:CLR)

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