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CLR

Market Closed

Continental Resources Inc

CLR Alerts

CLR Stock Price

RSI Chart

Valuation

Market Cap

26.9B

Price/Earnings

9.2

Price/Sales

3.21

Price/Cashflow

4.88

MarketCap/EBT

6.96

Price/Sales

Profitability

EBT Margin

46.12%

Return on Equity

32.4%

Return on Assets

13.94%

Fundamentals

Revenue

Revenue (TTM)

9.7B

Revenue Y/Y

90.04%

Revenue Q/Q

-2.19%

Earnings

Earnings (TTM)

3.6B

Earnings Y/Y

174.31%

Earnings Q/Q

-16.19%

Price Action

Last 7 days

0.3%

Last 30 days

0.4%

Last 90 days

3.4%

Trailing 12 Months

63.1%

Financial Health

Current Ratio

0.99

Investor Care

Dividend Yield

1.19%

Dividend/Share (TTM)

1.05

Buy Backs (1Y)

0.70%

Diluted EPS (TTM)

9.84

Peers (Alternatives to Continental Resources)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
78.3B
22.2B
2.49% 74.68%
13.73
3.53
70.19% 203.78%
66.9B
36.8B
-4.06% 131.58%
6.09
1.96
69.86% 4049.24%
61.4B
24.8B
-5.34% 41.76%
8.62
2.47
81.49% 409.80%
49.8B
19.7B
1.51% 73.38%
9.45
2.71
83.28% 424.48%
26.7B
9.6B
-4.77% 45.81%
6.94
2.93
73.79% 893.42%
14.4B
10.9B
6.49% 82.89%
4.67
1.31
73.36% 286.92%
12.8B
14.1B
11.31% 65.74%
5.25
0.97
63.46% 733.33%
MID-CAP
7.8B
3.1B
-2.14% 77.13%
6.63
2.55
105.26% 318.63%
7.1B
5.4B
-2.54% 45.32%
5.66
1.32
97.87% 385.71%
4.4B
2.3B
-33.88% 7.97%
4.99
1.94
101.44% 11.78%
4.2B
2.6B
-9.91% 115.08%
12.34
1.58
131.99% 194.19%
2.8B
2.3B
-1.38% 79.33%
15
1.38
104.75% 360.71%
2.7B
2.9B
-4.43% -14.09%
3.22
0.93
111.76% 166.14%
SMALL-CAP
1.4B
6.1B
-3.39% 63.08%
13.64
0.23
72.58% 132.13%
1.1B
1.9B
-3.32% 8.02%
2.05
0.56
114.30% 186.49%

Financials for Continental Resources

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue15.7%9,6788,3676,8205,7944,824
Operating Expenses6.7%3,8233,5823,3983,2583,265
  S&GA Expenses2.7%263256234234
Earnings Before Taxes22.2%4,7163,8582,6382,1861,085
Net Income22.1%3,5622,9191,9991,661826
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets7.1%22,41220,92919,67318,59115,506
  Current Assets35.0%3,9642,9372,0671,5641,979
    Cash Equivalents227.7%1,813553421694
  Net PPE2.1%18,24917,88117,46616,97513,475
  Current Liabilities11.5%3,3112,9702,1781,5001,405
    LT Debt, Current0.0%638637222
    LT Debt, Non Current0.0%5,6645,6636,5636,8274,742
Shareholder's Equity14.5%10,3129,0087,8937,4756,849
  Retained Earnings11.4%8,8737,9616,8546,3405,670
  Additional Paid-In Capital1.5%1,0591,0431,0351,1321,175
Accumulated Depreciation-16,482----
Shares Outstanding0.0%363363363364366
Minority Interest-0.4%377378378381372
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations21.9%6,7095,5034,4383,9743,216
  Share Based Compensation3.1%7977756361
Cashflow From Investing-8.2%-6,563.07-6,066.69-5,602.45-4,989.54-1,453.29
Cashflow From Financing0.7%9739671,072989-1,090.48
  Dividend Payments14.9%35631024916694
  Buy Backs0.5%3736301310

Risks

What is the probability of a big loss on CLR?

66.5%


Probability that Continental Resources stock will be more than 20% underwater in next one year

62.7%


Probability that Continental Resources stock will be more than 30% underwater in next one year.

46.5%


Probability that Continental Resources stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CLR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Continental Resources was unfortunately bought at previous high price.

Returns

Cumulative Returns on CLR

7.9%


10-Year Cumulative Returns

10.9%


7-Year Cumulative Returns

10.4%


5-Year Cumulative Returns

33.8%


3-Year Cumulative Returns

What are the long-term rolling returns for CLR?

FIve years rolling returns for Continental Resources.

Which funds bought or sold CLR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
ADDED
17.94
271,000
1,590,000
0.07%
2022-11-22
National Asset Management, Inc.
SOLD OFF
-100
-274,000
-
-%
2022-11-22
Capital Impact Advisors, LLC
REDUCED
-24.89
-6,000
23,000
0.02%
2022-11-22
Seaport Global Advisors, LLC
REDUCED
-32.59
-69,000
152,000
0.62%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
-
4,000
-%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
-
7,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-7.64
-57,000
957,000
-%
2022-11-18
Alamar Capital Management, LLC
REDUCED
-9.8
-297,000
3,516,000
3.95%
2022-11-17
M&T Bank Corp
REDUCED
-2.55
354,000
568,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
5.04
40,000
585,000
-%

1–10 of 43

Latest Funds Activity

Are funds buying CLR calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own CLR

Continental Resources News

DirectorsTalk Interviews

Continental Resources - Consensus Indicates Potential .1% Upside.4 days ago

CLR Fair Value

Continental Resources fair value in different scenarios

The table shows the Fair Value estimates for Continental Resources for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

90.91

-

170.49

-

252.21

-

428.90

-

513.33

-

Current Inflation

83.81

-

153.43

-

223.10

-

375.46

-

446.96

-

Very High Inflation

74.98

-

132.82

-

188.66

-

312.75

-

369.56

-

Historical Continental Resources Fair Value Estimates


Recent SEC filings of Continental Resources

View All Filings
Date Filed Form Type Document
Nov 29, 2022
EFFECT
EFFECT
Nov 23, 2022
25-NSE
25-NSE
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading

Latest Insider Trading transactions for CLR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-22
Cunningham Deana Ann
SOLD
-
-
-1,600
-
2022-11-22
Harold Thomas Hamm Trust I
SOLD
-
-
-5,380,560
-
2022-11-22
Hilary Hamm 2005 Irrevocable Trust
SOLD
-
-
-83,763
-
2022-11-22
2015 Hilary Honor Hamm Trust I
SOLD
-
-
-5,507,760
-
2022-11-22
Jane Hamm 2005 Irrevocable Trust
SOLD
-
-
-83,763
-
2022-11-22
2015 Hilary Honor Hamm Trust II
SOLD
-
-
-22,909,000
-
2022-11-22
2015 Deana Ann Cunningham Trust II
SOLD
-
-
-23,302,600
-
2022-11-22
MONROE MARK E
GIVEN BACK TO IS
-
-
-207,088
-
2022-11-22
Hamm Harold
GIVEN BACK TO IS
-
-
-156,341,000
-
2022-11-22
BERRY WILLIAM B
GIVEN BACK TO IS
-
-
-1,255,620
Chief Executive Officer

1–10 of 50

William B. Berry
1250
Continental Resources, Inc. 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.

CLR Income Statement

2022-09-30
Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:    
Crude oil, natural gas, and natural gas liquids sales$ 2,767,262$ 1,456,181$ 7,870,696$ 3,986,628
Loss on derivative instruments, net(337,778)(127,110)(1,009,460)(232,795)
Crude oil and natural gas service operations17,74712,34152,70738,519
Total revenues2,447,2311,341,4126,913,9433,792,352
Operating costs and expenses:    
Production expenses166,322103,222456,840292,791
Production and ad valorem taxes200,593102,398563,204280,667
Transportation, gathering, processing, and compression85,65053,969236,851156,670
Exploration expenses2,8092,53420,4609,470
Crude oil and natural gas service operations10,3564,88429,36115,037
Depreciation, depletion, amortization and accretion490,523465,3571,396,1851,446,823
Property impairments12,7947,94552,86830,991
General and administrative expenses68,68758,421206,098166,822
Net (gain) loss on sale of assets and other(618)(3,029)(773)(3,496)
Total operating costs and expenses1,037,116795,7012,961,0942,395,775
Income from operations1,410,115545,7113,952,8491,396,577
Other income (expense):    
Interest expense(70,717)(59,894)(215,508)(185,796)
Gain (loss) on extinguishment of debt00(403)(290)
Other4,4903454,503895
Total other income (expense)(66,227)(59,549)(211,408)(185,191)
Income before income taxes1,343,888486,1623,741,4411,211,386
Provision for income taxes(323,390)(115,641)(903,745)(291,116)
Income before equity in net loss of affiliate1,020,498370,5212,837,696920,270
Equity in net loss of affiliate(660)0(736)0
Net income1,019,838370,5212,836,960920,270
Net income attributable to noncontrolling interests6,7311,19317,3491,975
Net income attributable to Continental Resources$ 1,013,107$ 369,328$ 2,819,611$ 918,295
Basic net income (loss) per share (in dollars per share)$ 2.83$ 1.02$ 7.88$ 2.54
Diluted net income (loss) per share (in dollars per share)$ 2.80$ 1.01$ 7.79$ 2.52

CLR Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 1,813,182$ 20,868
Receivables:  
Crude oil, natural gas, and natural gas liquids sales1,500,4261,122,415
Joint interest and other429,531278,753
Allowance for credit losses(2,940)(2,814)
Receivables, Net, Current1,927,0171,398,354
Derivative assets14,14922,334
Inventories162,375105,568
Prepaid expenses and other47,03817,266
Total current assets3,963,7611,564,390
Net property and equipment, based on successful efforts method of accounting18,249,22116,975,465
Investment in unconsolidated affiliates152,9720
Operating lease right-of-use assets25,50716,370
Derivative Asset, Noncurrent2,03413,188
Other noncurrent assets18,28121,698
Total assets22,411,77618,591,111
Current liabilities:  
Accounts payable trade940,902582,317
Revenues and royalties payable951,029627,171
Accrued liabilities and other380,136285,740
Current portion of income tax liabilities62,8930
Derivative liabilities334,450899
Current portion of operating leases4,1101,674
Current portion of long-term debt637,7392,326
Total current liabilities3,311,2591,500,127
Long-term debt, net of current portion5,663,5336,826,566
Other noncurrent liabilities:  
Deferred income tax liabilities, net2,564,9732,139,884
Asset retirement obligations, net of current portion250,596215,701
Derivative liabilities, noncurrent253,250318
Operating lease liabilities, net of current portion20,40013,800
Other noncurrent liabilities36,01838,390
Total other noncurrent liabilities3,125,2372,408,093
Commitments and contingencies (Note 9)
Equity:  
Preferred stock, $0.01 par value; 25,000,000 shares authorized; no shares issued and outstanding00
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 363,022,746 shares issued and outstanding at September 30, 2022; 364,297,520 shares issued and outstanding at December 31, 20213,6303,643
Additional paid-in capital1,058,6331,131,602
Retained earnings8,872,9306,340,211
Total shareholders’ equity attributable to Continental Resources9,935,1937,475,456
Noncontrolling interests376,554380,869
Total Equity10,311,7477,856,325
Total liabilities and equity$ 22,411,776$ 18,591,111