Continental Resources found using ticker (CLR) have now 31 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 80 and 32 with the average target price sitting at 57.97. Now with the previous closing price of 53.94 this is indicating there is a potential upside of 7.5%. The day 50 moving average is 50.03 and the 200 moving average now moves to 42.7. The market capitalisation for the company is $19,224m. Visit the company website at: https://www.clr.com
The potential market cap would be $20,660m 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.
