Continental Resources, Inc. (NYSE:CLR) – Equities researchers at Capital One Financial issued their Q1 2018 EPS estimates for shares of Continental Resources in a research note issued to investors on Tuesday. Capital One Financial analyst P. Johnston forecasts that the oil and natural gas company will earn $0.49 per share for the quarter.

Other research analysts have also issued research reports about the company. BMO Capital Markets boosted their price objective on Continental Resources from $8.00 to $11.00 in a report on Monday, November 13th. SunTrust Banks reissued a “buy” rating and set a $55.00 price objective on shares of Continental Resources in a report on Friday, November 10th. Zacks Investment Research raised Continental Resources from a “hold” rating to a “buy” rating and set a $49.00 price objective for the company in a report on Wednesday, November 8th. Bank of America boosted their price objective on Continental Resources from $46.00 to $53.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. Finally, Jefferies Group reissued a “buy” rating and set a $47.00 price objective on shares of Continental Resources in a report on Thursday, October 12th. Nine research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $53.56.

Continental Resources (NYSE CLR) opened at $51.85 on Wednesday. Continental Resources has a twelve month low of $29.08 and a twelve month high of $58.89. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.55. The company has a market capitalization of $20,024.90, a PE ratio of 1,334.25 and a beta of 1.36.

In related news, SVP Gary E. Gould sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 20th. The stock was sold at an average price of $49.52, for a total value of $247,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Jack H. Stark sold 12,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 20th. The stock was sold at an average price of $49.05, for a total value of $588,600.00. The disclosure for this sale can be found here. Insiders sold a total of 52,874 shares of company stock valued at $2,603,673 in the last 90 days. 76.87% of the stock is currently owned by corporate insiders.

Large investors have recently added to or reduced their stakes in the stock. Exane Derivatives bought a new stake in Continental Resources in the fourth quarter valued at approximately $113,000. Bellwether Investment Group LLC bought a new stake in Continental Resources in the fourth quarter valued at approximately $202,000. Calton & Associates Inc. bought a new stake in Continental Resources in the fourth quarter valued at approximately $200,000. Wealthstreet Investment Advisors LLC bought a new stake in Continental Resources in the fourth quarter valued at approximately $201,000. Finally, Miles Capital Inc. bought a new stake in Continental Resources in the fourth quarter valued at approximately $204,000. Institutional investors own 22.54% of the company’s stock.

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About Continental Resources

Continental Resources, Inc is a crude oil and natural gas company with properties in the North, South and East regions of the United States. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units.

Earnings History and Estimates for Continental Resources (NYSE:CLR)

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