Continental Resources found using ticker (CLR) have now 31 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 80 and 32 calculating the mean target price we have 58.61. Now with the previous closing price of 60.9 this now indicates there is a potential downside of -3.8%. The day 50 moving average is 52.07 and the 200 day moving average is 43.82. The market cap for the company is $21,985m. Company Website: https://www.clr.com
The potential market cap would be $21,159m 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.
