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Continental Resources Inc Stock Research

CLR

Market Closed

CLR Alerts

CLR Stock Price

CLR RSI Chart

CLR Valuation

Market Cap

22.2B

Price/Earnings (Trailing)

5.52

Price/Sales (Trailing)

2.21

EV/EBITDA

3.05

Price/Free Cashflow

3.16

CLR Price/Sales (Trailing)

CLR Profitability

EBT Margin

50.31%

Return on Equity

59.56%

Return on Assets

19.28%

Free Cashflow Yield

31.67%

CLR Fundamentals

CLR Revenue

Revenue (TTM)

9.6B

Revenue Y/Y

-21.22%

Revenue Q/Q

-18.71%

CLR Earnings

Earnings (TTM)

4.3B

Earnings Y/Y

47.94%

Earnings Q/Q

-26.61%

Price Action

Last 7 days

0.3%

Last 30 days

0.4%

Last 90 days

3.4%

Trailing 12 Months

63.1%

CLR Financial Health

Current Ratio

0.7

CLR Investor Care

Dividend Yield

1.42%

Dividend/Share (TTM)

1.05

Buy Backs (1Y)

17.49%

Diluted EPS (TTM)

12.76

Peers (Alternatives to Continental Resources)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
70.4B
27.8B
-4.79% -14.34%
9.08
2.74
46.65% 114.58%
60.4B
35.8B
-2.19% -13.39%
4.68
1.64
21.97% 31.96%
49.8B
19.1B
-7.91% -29.56%
9.45
2.71
21.85% 67.76%
48.9B
22.8B
-6.54% -23.73%
6.92
2.15
8.58% 68.17%
23.8B
9.2B
-4.34% -7.20%
5.45
2.6
14.20% 56.87%
14.4B
11.9B
-5.54% -26.42%
4.67
1.31
50.58% 232.96%
MID-CAP
8.4B
13.4B
-0.38% -35.65%
1.93
0.63
15.65% 404.04%
6.9B
5.4B
17.21% -16.42%
3.25
1.28
75.54% 3039.31%
5.5B
3.1B
-2.24% -20.16%
4.63
1.78
41.49% 59.32%
4.4B
3.9B
- -
4.99
1.94
103.95% 100.98%
3.4B
2.0B
2.93% -17.82%
15.21
1.53
9.15% 2052.25%
2.7B
3.5B
-9.01% -50.76%
1.94
0.76
74.35% 733.18%
2.0B
3.0B
2.53% -40.76%
1.42
0.65
59.93% 186.57%
SMALL-CAP
1.5B
7.3B
-5.04% 35.16%
4
0.2
55.45% 547.97%
805.4M
1.7B
-8.19% -35.44%
1.28
0.42
2.66% 522.62%

Financials for Continental Resources

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue-4.8%9,59210,0759,6788,3676,820
Operating Expenses0.5%4,1404,1203,8233,5823,398
  S&GA Expenses-2.9%390402273263256
EBITDA6.0%7,2556,8455,9514,744-
EBITDA Margin1.8%0.72*0.71*0.71*0.70*-
Earnings Before Taxes6.6%5,4025,0684,7163,8582,638
EBT Margin3.2%0.50*0.49*0.46*0.39*-
Interest Expenses9.0%328301281270259
Net Income7.1%4,3114,0253,5622,9191,999
Net Income Margin8.5%0.40*0.37*0.35*0.29*-
Free Cahsflow4.9%7,0406,7095,5034,438-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets2.6%21,42020,87822,41220,92919,673
  Current Assets-4.9%2,0402,1443,9642,9372,067
    Cash Equivalents-59.7%56.001381,8135534.00
  Net PPE3.5%19,12118,47218,24917,88117,466
  Current Liabilities-3.6%2,9753,0853,3112,9702,178
    LT Debt, Current0.1%6386386386372.00
    LT Debt, Non Current-2.6%7,3747,5725,6645,6636,563
Shareholder's Equity18.5%8,0086,7579,9359,3868,270
  Retained Earnings13.1%7,6396,7548,8737,9616,854
  Additional Paid-In Capital-100.0%-1,0591,0431,035-
Shares Outstanding0%300300363363363
Minority Interest-1.8%366372377378378
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-5.0%6,6857,0406,7095,5034,438
  Share Based Compensation-13.0%18921879.0077.0076.00
Cashflow From Investing0.6%-3,514-3,534-6,563-6,066-5,602
Cashflow From Financing7.9%-3,119-3,3889739671,072
  Dividend Payments-28.6%203284356310249
  Buy Backs-2.9%35.0037.0036.0030.00-

Risks for CLR

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.

Drawdowns

Returns for CLR

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.

Annualized Returns

Which funds bought or sold CLR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-12
Price Jennifer C.
unchanged
-
-
742,700
0.24%
2023-04-18
IFP Advisors, Inc
sold off
-100
-344,000
-
-%
2023-04-17
Ronald Blue Trust, Inc.
sold off
-100
-52,000
-
-%
2023-04-13
Matthew Goff Investment Advisor, LLC
sold off
-100
-2,056,290
-
-%
2023-03-17
American Portfolios Advisors
unchanged
-
438
20,043
-%
2023-02-21
Alamar Capital Management, LLC
sold off
-100
-3,516,000
-
-%
2023-02-15
Claraphi Advisory Network, LLC
sold off
-100
-674,000
-
-%
2023-02-14
STAMINA CAPITAL MANAGEMENT LP
sold off
-100
-4,877,000
-
-%
2023-02-14
Axiom Investment Management LLC
sold off
-100
-13,000
-
-%
2023-02-14
WATER ISLAND CAPITAL LLC
sold off
-100
-207,000
-
-%

1–10 of 50

Latest Funds Activity

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

Continental Resources News

Benzinga
Brian Singer's Stock Ratings - Goldman Sachs Analyst.
Benzinga,
4 days ago
PR Newswire
Investor's Business Daily
InvestorPlace
Investor's Business Daily
Investor's Business Daily

Schedule 13G FIlings of Continental Resources

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Nov 22, 2022
hamm harold
0.0%
0
SC 13D/A
Nov 22, 2022
clement roger verlin
0.0%
0
SC 13D/A
Oct 19, 2022
hamm harold
50.9%
184,862,306
SC 13D/A
Oct 19, 2022
clement roger verlin
39.4%
142,929,154
SC 13D/A
Jun 15, 2022
clement roger verlin
39.4%
142,929,154
SC 13D/A
Jun 15, 2022
hamm harold
51.0%
184,862,306
SC 13D/A
Feb 14, 2022
clement roger verlin
39.1%
142,929,154
SC 13D/A
Feb 14, 2022
hamm harold
50.5%
184,515,057
SC 13D/A
Feb 09, 2022
clement roger verlin
58.3%
212,490,174
SC 13D
Feb 09, 2022
hamm harold
23.7%
86,496,826
SC 13D/A

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

180.26

-

306.44

-

609.16

-

968.23

-

1241.68

-
Current Inflation

165.93

-

276.79

-

537.63

-

842.60

-

1073.65

-
Very High Inflation

148.08

-

240.71

-

452.78

-

695.90

-

878.83

-

Historical Continental Resources Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Continental Resources

View All Filings
Date Filed Form Type Document
May 08, 2023
10-Q
Quarterly Report
Apr 21, 2023
10-K/A
Annual Report
Feb 22, 2023
10-K
Annual Report

Latest Insider Trading transactions for CLR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-22
Deana Ann Cunningham Succession Trust
sold
-
-
-83,658
-
2022-11-22
Hume Jeff B
back to issuer
-
-
-1,721,840
vice chairman of sgi
2022-11-22
BERRY WILLIAM B
back to issuer
-
-
-1,255,620
chief executive officer
2022-11-22
MONROE MARK E
back to issuer
-
-
-207,088
-
2022-11-22
2015 Deana Ann Cunningham Trust II
sold
-
-
-23,302,600
-
2022-11-22
2015 Hilary Honor Hamm Trust II
sold
-
-
-22,909,000
-
2022-11-22
Jane Hamm 2005 Irrevocable Trust
sold
-
-
-83,763
-
2022-11-22
2015 Hilary Honor Hamm Trust I
sold
-
-
-5,507,760
-
2022-11-22
Hilary Hamm 2005 Irrevocable Trust
sold
-
-
-83,763
-
2022-11-22
Harold Thomas Hamm Trust I
sold
-
-
-5,380,560
-

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

2023-03-31
Unaudited Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:  
Crude oil, natural gas, and natural gas liquids sales$ 1,791,720$ 2,274,261
Gain (loss) on derivative instruments, net382,779(475,938)
Crude oil and natural gas service operations19,35417,915
Total revenues2,193,8531,816,238
Operating costs and expenses:  
Production expenses181,986137,280
Production and ad valorem taxes136,175158,365
Transportation, gathering, processing, and compression77,86974,849
Exploration expenses3,37813,017
Crude oil and natural gas service operations17,8328,561
Depreciation, depletion, amortization and accretion476,454459,029
Property impairments13,07424,248
General and administrative expenses63,27174,837
Net (gain) loss on sale of assets and other(186)(165)
Total operating costs and expenses969,853950,021
Income from operations1,224,000866,217
Other income (expense):  
Interest expense(99,681)(72,555)
Other1,754(1,227)
Total other income (expense)(97,927)(73,782)
Income before income taxes1,126,073792,435
Provision for income taxes(239,756)(191,084)
Income before equity in net loss of affiliate886,317601,351
Equity in net loss of affiliate(663)0
Net income885,654601,351
Net income attributable to noncontrolling interests1,3573,594
Net income attributable to Continental Resources$ 884,297$ 597,757
Basic net income (loss) per share (in dollars per share)$ 2.95$ 1.67
Diluted net income (loss) per share (in dollars per share)$ 2.95$ 1.65

CLR Balance Sheet

2023-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 55,565$ 137,788
Receivables:  
Crude oil, natural gas, and natural gas liquids sales1,058,2521,313,538
Joint interest and other460,337458,391
Allowance for credit losses(5,285)(5,514)
Receivables, net1,513,3041,766,415
Derivative assets245,89139,280
Inventories192,933173,264
Prepaid expenses and other32,34727,508
Total current assets2,040,0402,144,255
Net property and equipment, based on successful efforts method of accounting19,120,78218,471,914
Investment in unconsolidated affiliates210,142210,805
Operating lease right-of-use assets25,31825,158
Derivative assets, noncurrent6,1803,548
Other noncurrent assets17,21222,670
Total assets21,419,67420,878,350
Current liabilities:  
Accounts payable trade1,026,928850,547
Revenues and royalties payable658,113882,256
Accrued liabilities and other274,175343,777
Current portion of incentive compensation liability80,966125,653
Current portion of income tax liabilities291,212152,149
Derivative liabilities088,136
Current portion of operating lease liabilities4,8064,086
Current portion of long-term debt638,379638,058
Total current liabilities2,974,5793,084,662
Long-term debt, net of current portion7,373,8237,571,582
Other noncurrent liabilities:  
Deferred income tax liabilities, net2,639,0052,538,312
Incentive compensation liability, net of current portion16,360100,066
Asset retirement obligations, net of current portion259,353257,152
Derivative liabilities, noncurrent99,653133,363
Operating lease liabilities, net of current portion19,45420,055
Other noncurrent liabilities29,47543,550
Total other noncurrent liabilities3,063,3003,092,498
Commitments and contingencies (Note 9)
Equity:  
Preferred stock, $0.01 par value; 25,000,000 shares authorized; no shares issued and outstanding00
Common stock, $0.01 par value; 1,000,000,000 shares authorized 299,610,267 shares issued and outstanding at March 31, 2023; 299,610,267 shares issued and outstanding at December 31, 2022;2,9962,996
Retained earnings7,639,0876,754,174
Total shareholders’ equity attributable to Continental Resources7,642,0836,757,170
Noncontrolling interests365,889372,438
Total Equity8,007,9727,129,608
Total liabilities and equity$ 21,419,674$ 20,878,350