Continental Resources – Consensus Indicates Potential -1.0% Downside

Broker Ratings
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Continental Resources found using ticker (CLR) have now 18 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 93 and 60 calculating the mean target price we have 73.44. Now with the previous closing price of 74.15 this would indicate that there is a downside of -1.0%. The day 50 moving average is 70.41 and the 200 moving average now moves to 64.21. The company has a market cap of $26,914m. Find out more information at: https://www.clr.com

The potential market cap would be $26,657m based on the market concensus.

Continental Resources explores for, develops, produces, and manages crude oil, natural gas, and related products primarily in the north, south, and east regions of the United States. The company sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. As of December 31, 2021, its proved reserves were 1,645 million barrels of crude oil equivalent (MMBoe) with proved developed reserves of 908 MMBoe. The company was founded in 1967 and is headquartered in Oklahoma City, Oklahoma.

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