Continental Resources with ticker code (CLR) have now 29 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 85 and 41 calculating the average target price we see 65.28. Now with the previous closing price of 65.19 this would imply there is a potential upside of .1%. There is a 50 day moving average of 56.21 while the 200 day moving average is 45.95. The market cap for the company is $22,892m. Company Website: https://www.clr.com
The potential market cap would be $22,924m 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.
