Continental Resources with ticker code (CLR) have now 24 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 95 and 64 with the average target price sitting at 75.88. Given that the stocks previous close was at 65.22 this is indicating there is a potential upside of 16.3%. The 50 day MA is 63.41 and the 200 moving average now moves to 54.3. The market cap for the company is $24,421m. Find out more information at: https://www.clr.com
The potential market cap would be $28,412m 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.
