Continental Resources – Consensus Indicates Potential 16.9% Upside

Broker Ratings
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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 a mean TP of 76.38. Now with the previous closing price of 65.35 this is indicating there is a potential upside of 16.9%. There is a 50 day moving average of 63.5 and the 200 day MA is 54.82. The market cap for the company is $23,833m. Find out more information at: https://www.clr.com

The potential market cap would be $27,855m 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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