CLR Valuation
CLR Price/Sales (Trailing)
CLR Profitability
CLR Fundamentals
CLR Revenue
CLR Earnings
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
CLR Investor Care
Peers (Alternatives to Continental Resources)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
EOG | 70.4B | 27.8B | -4.79% | -14.34% | 9.08 | 2.74 | 46.65% | 114.58% |
OXY | 60.4B | 35.8B | -2.19% | -13.39% | 4.68 | 1.64 | 21.97% | 31.96% |
DVN | 49.8B | 19.1B | -7.91% | -29.56% | 9.45 | 2.71 | 21.85% | 67.76% |
PXD | 48.9B | 22.8B | -6.54% | -23.73% | 6.92 | 2.15 | 8.58% | 68.17% |
FANG | 23.8B | 9.2B | -4.34% | -7.20% | 5.45 | 2.6 | 14.20% | 56.87% |
APA | 14.4B | 11.9B | -5.54% | -26.42% | 4.67 | 1.31 | 50.58% | 232.96% |
| MID-CAP | ||||||||
OVV | 8.4B | 13.4B | -0.38% | -35.65% | 1.93 | 0.63 | 15.65% | 404.04% |
RRC | 6.9B | 5.4B | 17.21% | -16.42% | 3.25 | 1.28 | 75.54% | 3039.31% |
MTDR | 5.5B | 3.1B | -2.24% | -20.16% | 4.63 | 1.78 | 41.49% | 59.32% |
OAS | 4.4B | 3.9B | - | - | 4.99 | 1.94 | 103.95% | 100.98% |
KOS | 3.4B | 2.0B | 2.93% | -17.82% | 15.21 | 1.53 | 9.15% | 2052.25% |
CRK | 2.7B | 3.5B | -9.01% | -50.76% | 1.94 | 0.76 | 74.35% | 733.18% |
CPE | 2.0B | 3.0B | 2.53% | -40.76% | 1.42 | 0.65 | 59.93% | 186.57% |
| SMALL-CAP | ||||||||
PARR | 1.5B | 7.3B | -5.04% | 35.16% | 4 | 0.2 | 55.45% | 547.97% |
LPI | 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) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | -4.8% | 9,592 | 10,075 | 9,678 | 8,367 | 6,820 |
| Operating Expenses | 0.5% | 4,140 | 4,120 | 3,823 | 3,582 | 3,398 |
| S&GA Expenses | -2.9% | 390 | 402 | 273 | 263 | 256 |
| EBITDA | 6.0% | 7,255 | 6,845 | 5,951 | 4,744 | - |
| EBITDA Margin | 1.8% | 0.72* | 0.71* | 0.71* | 0.70* | - |
| Earnings Before Taxes | 6.6% | 5,402 | 5,068 | 4,716 | 3,858 | 2,638 |
| EBT Margin | 3.2% | 0.50* | 0.49* | 0.46* | 0.39* | - |
| Interest Expenses | 9.0% | 328 | 301 | 281 | 270 | 259 |
| Net Income | 7.1% | 4,311 | 4,025 | 3,562 | 2,919 | 1,999 |
| Net Income Margin | 8.5% | 0.40* | 0.37* | 0.35* | 0.29* | - |
| Free Cahsflow | 4.9% | 7,040 | 6,709 | 5,503 | 4,438 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | 2.6% | 21,420 | 20,878 | 22,412 | 20,929 | 19,673 |
| Current Assets | -4.9% | 2,040 | 2,144 | 3,964 | 2,937 | 2,067 |
| Cash Equivalents | -59.7% | 56.00 | 138 | 1,813 | 553 | 4.00 |
| Net PPE | 3.5% | 19,121 | 18,472 | 18,249 | 17,881 | 17,466 |
| Current Liabilities | -3.6% | 2,975 | 3,085 | 3,311 | 2,970 | 2,178 |
| LT Debt, Current | 0.1% | 638 | 638 | 638 | 637 | 2.00 |
| LT Debt, Non Current | -2.6% | 7,374 | 7,572 | 5,664 | 5,663 | 6,563 |
| Shareholder's Equity | 18.5% | 8,008 | 6,757 | 9,935 | 9,386 | 8,270 |
| Retained Earnings | 13.1% | 7,639 | 6,754 | 8,873 | 7,961 | 6,854 |
| Additional Paid-In Capital | -100.0% | - | 1,059 | 1,043 | 1,035 | - |
| Shares Outstanding | 0% | 300 | 300 | 363 | 363 | 363 |
| Minority Interest | -1.8% | 366 | 372 | 377 | 378 | 378 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | -5.0% | 6,685 | 7,040 | 6,709 | 5,503 | 4,438 |
| Share Based Compensation | -13.0% | 189 | 218 | 79.00 | 77.00 | 76.00 |
| Cashflow From Investing | 0.6% | -3,514 | -3,534 | -6,563 | -6,066 | -5,602 |
| Cashflow From Financing | 7.9% | -3,119 | -3,388 | 973 | 967 | 1,072 |
| Dividend Payments | -28.6% | 203 | 284 | 356 | 310 | 249 |
| Buy Backs | -2.9% | 35.00 | 37.00 | 36.00 | 30.00 | - |
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 ascending | Fund Name | Type | % 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 | - | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Continental Resources News
Schedule 13G FIlings of Continental Resources
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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 Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very 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 ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
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 | - |
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
2023-03-31Unaudited 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, net | 382,779 | (475,938) |
| Crude oil and natural gas service operations | 19,354 | 17,915 |
| Total revenues | 2,193,853 | 1,816,238 |
| Operating costs and expenses: | ||
| Production expenses | 181,986 | 137,280 |
| Production and ad valorem taxes | 136,175 | 158,365 |
| Transportation, gathering, processing, and compression | 77,869 | 74,849 |
| Exploration expenses | 3,378 | 13,017 |
| Crude oil and natural gas service operations | 17,832 | 8,561 |
| Depreciation, depletion, amortization and accretion | 476,454 | 459,029 |
| Property impairments | 13,074 | 24,248 |
| General and administrative expenses | 63,271 | 74,837 |
| Net (gain) loss on sale of assets and other | (186) | (165) |
| Total operating costs and expenses | 969,853 | 950,021 |
| Income from operations | 1,224,000 | 866,217 |
| Other income (expense): | ||
| Interest expense | (99,681) | (72,555) |
| Other | 1,754 | (1,227) |
| Total other income (expense) | (97,927) | (73,782) |
| Income before income taxes | 1,126,073 | 792,435 |
| Provision for income taxes | (239,756) | (191,084) |
| Income before equity in net loss of affiliate | 886,317 | 601,351 |
| Equity in net loss of affiliate | (663) | 0 |
| Net income | 885,654 | 601,351 |
| Net income attributable to noncontrolling interests | 1,357 | 3,594 |
| 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
2023-03-31Condensed 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 sales | 1,058,252 | 1,313,538 |
| Joint interest and other | 460,337 | 458,391 |
| Allowance for credit losses | (5,285) | (5,514) |
| Receivables, net | 1,513,304 | 1,766,415 |
| Derivative assets | 245,891 | 39,280 |
| Inventories | 192,933 | 173,264 |
| Prepaid expenses and other | 32,347 | 27,508 |
| Total current assets | 2,040,040 | 2,144,255 |
| Net property and equipment, based on successful efforts method of accounting | 19,120,782 | 18,471,914 |
| Investment in unconsolidated affiliates | 210,142 | 210,805 |
| Operating lease right-of-use assets | 25,318 | 25,158 |
| Derivative assets, noncurrent | 6,180 | 3,548 |
| Other noncurrent assets | 17,212 | 22,670 |
| Total assets | 21,419,674 | 20,878,350 |
| Current liabilities: | ||
| Accounts payable trade | 1,026,928 | 850,547 |
| Revenues and royalties payable | 658,113 | 882,256 |
| Accrued liabilities and other | 274,175 | 343,777 |
| Current portion of incentive compensation liability | 80,966 | 125,653 |
| Current portion of income tax liabilities | 291,212 | 152,149 |
| Derivative liabilities | 0 | 88,136 |
| Current portion of operating lease liabilities | 4,806 | 4,086 |
| Current portion of long-term debt | 638,379 | 638,058 |
| Total current liabilities | 2,974,579 | 3,084,662 |
| Long-term debt, net of current portion | 7,373,823 | 7,571,582 |
| Other noncurrent liabilities: | ||
| Deferred income tax liabilities, net | 2,639,005 | 2,538,312 |
| Incentive compensation liability, net of current portion | 16,360 | 100,066 |
| Asset retirement obligations, net of current portion | 259,353 | 257,152 |
| Derivative liabilities, noncurrent | 99,653 | 133,363 |
| Operating lease liabilities, net of current portion | 19,454 | 20,055 |
| Other noncurrent liabilities | 29,475 | 43,550 |
| Total other noncurrent liabilities | 3,063,300 | 3,092,498 |
| Commitments and contingencies (Note 9) | ||
| Equity: | ||
| Preferred stock, $0.01 par value; 25,000,000 shares authorized; no shares issued and outstanding | 0 | 0 |
| 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; | 2,996 | 2,996 |
| Retained earnings | 7,639,087 | 6,754,174 |
| Total shareholders’ equity attributable to Continental Resources | 7,642,083 | 6,757,170 |
| Noncontrolling interests | 365,889 | 372,438 |
| Total Equity | 8,007,972 | 7,129,608 |
| Total liabilities and equity | $ 21,419,674 | $ 20,878,350 |