Continental Resources with ticker code (CLR) have now 23 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 100 and 57 and has a mean target at 74.83. Given that the stocks previous close was at 66.81 this indicates there is a potential upside of 12.0%. The 50 day moving average now sits at 68.44 and the 200 day moving average is 61.25. The company has a market cap of $24,252m. Company Website: https://www.clr.com
The potential market cap would be $27,163m 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.
