Continental Resources found using ticker (CLR) now have 30 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 85 and 41 and has a mean target at 63.5. Now with the previous closing price of 59.85 this now indicates there is a potential upside of 6.1%. The day 50 moving average is 54.9 and the 200 day moving average is 45.26. The market cap for the company is $22,998m. Company Website: https://www.clr.com
The potential market cap would be $24,401m 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.
