Continental Resources with ticker code (CLR) now have 14 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 93 and 60 with a mean TP of 74.29. With the stocks previous close at 74.24 this would indicate that there is a potential upside of .1%. There is a 50 day moving average of 71.43 and the 200 moving average now moves to 65.71. The company has a market capitalisation of $26,961m. Company Website: https://www.clr.com
The potential market cap would be $26,980m 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.
