Continental Resources found using ticker (CLR) now have 31 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 80 and 32 calculating the average target price we see 55.42. With the stocks previous close at 51.99 this indicates there is a potential upside of 6.6%. The 50 day moving average now sits at 47.16 and the 200 moving average now moves to 40.58. The company has a market capitalisation of $18,988m. Company Website: https://www.clr.com
The potential market cap would be $20,241m based on the market concensus.
Continental Resources explores for, develops, and produces crude oil and natural gas 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, 2020, its proved reserves were 1,104 million barrels of crude oil equivalent (MMBoe) with proved developed reserves of 627 MMBoe. The company was founded in 1967 and is headquartered in Oklahoma City, Oklahoma.
