Continental Resources found using ticker (CLR) have now 31 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 79 and 32 and has a mean target at 54.19. With the stocks previous close at 50.38 this now indicates there is a potential upside of 7.6%. The 50 day moving average now sits at 46.41 and the 200 moving average now moves to 39.43. The market capitalisation for the company is $19,113m. Company Website: https://www.clr.com
The potential market cap would be $20,558m 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.
