Continental Resources with ticker code (CLR) now have 23 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 100 and 67 with the average target price sitting at 75.43. Now with the previous closing price of 70.36 this now indicates there is a potential upside of 7.2%. There is a 50 day moving average of 67.28 and the 200 moving average now moves to 59.42. The company has a market capitalisation of $25,730m. You can visit the company’s website by visiting: https://www.clr.com
The potential market cap would be $27,584m 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.
