Continental Resources – Consensus Indicates Potential 18.3% Upside

Broker Ratings
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Continental Resources with ticker code (CLR) have now 23 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 100 and 67 calculating the average target price we see 75.78. With the stocks previous close at 64.05 this would indicate that there is a potential upside of 18.3%. The 50 day MA is 68.31 while the 200 day moving average is 60.69. The market capitalisation for the company is $22,742m. Find out more information at: https://www.clr.com

The potential market cap would be $26,907m 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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