Continental Resources with ticker code (CLR) now have 24 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 100 and 67 calculating the average target price we see 75.58. Given that the stocks previous close was at 69.84 this now indicates there is a potential upside of 8.2%. There is a 50 day moving average of 67.99 and the 200 day moving average is 60.15. The company has a market cap of $25,501m. Visit the company website at: https://www.clr.com
The potential market cap would be $27,597m 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.