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 93 and 64 with a mean TP of 74.26. Now with the previous closing price of 69.57 this would indicate that there is a potential upside of 6.7%. There is a 50 day moving average of 66.62 while the 200 day moving average is 57.91. The market cap for the company is $25,243m. Visit the company website at: https://www.clr.com
The potential market cap would be $26,945m 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.
