Continental Resources, Inc. (CLR) EPS Estimated At $0.75

July 14, 2018 - By Robert Crowder

Continental Resources, Inc. (NYSE:CLR) LogoInvestors sentiment decreased to 0.99 in 2018 Q1. Its down 0.06, from 1.05 in 2017Q4. It dived, as 36 investors sold Continental Resources, Inc. shares while 110 reduced holdings. 55 funds opened positions while 89 raised stakes. 82.48 million shares or 1.28% more from 81.44 million shares in 2017Q4 were reported.
Millennium Management Limited Liability stated it has 383,506 shares. Alps Incorporated holds 0% or 4,064 shares in its portfolio. Massmutual Tru Fsb Adv owns 150 shares. Wellington Mgmt Group Inc Llp holds 0.03% of its portfolio in Continental Resources, Inc. (NYSE:CLR) for 2.24 million shares. Utah Retirement Systems has 0.02% invested in Continental Resources, Inc. (NYSE:CLR) for 16,204 shares. Glenmede Tru Na holds 0% or 41 shares in its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) reported 27,681 shares. Retail Bank Of Montreal Can has 0.01% invested in Continental Resources, Inc. (NYSE:CLR). Pdts Prtn Ltd Liability has 268,036 shares for 0.53% of their portfolio. Tobam reported 200,968 shares stake. Panagora Asset Mgmt invested in 17,670 shares. Tortoise Capital Advsrs Ltd Limited Liability Company stated it has 291,962 shares or 0.13% of all its holdings. Mutual Of America Capital Mngmt Limited Liability has invested 0.01% in Continental Resources, Inc. (NYSE:CLR). Proshare Advisors Lc has 5,716 shares. Rhumbline Advisers holds 0.01% or 91,411 shares in its portfolio.

Since March 1, 2018, it had 3 insider purchases, and 10 insider sales for $6.50 million activity. 3,000 shares valued at $205,084 were sold by McNabb John T II on Thursday, May 10. 2,222 shares were sold by MCCAIN ELLIS L, worth $147,476. The insider Eissenstat Eric Spencer sold $695,001. 18,000 shares were sold by Owen Steven K, worth $1.19M. 15,000 shares valued at $796,950 were sold by Hart John D on Thursday, March 8.

Analysts expect Continental Resources, Inc. (NYSE:CLR) to report $0.75 EPS on August, 14.CLR’s profit would be $278.93M giving it 20.81 P/E if the $0.75 EPS is correct. After having $0.68 EPS previously, Continental Resources, Inc.’s analysts see 10.29 % EPS growth. The stock increased 0.79% or $0.49 during the last trading session, reaching $62.42. About 1.75M shares traded. Continental Resources, Inc. (NYSE:CLR) has risen 61.38% since July 14, 2017 and is uptrending. It has outperformed by 48.81% the S&P500.

Continental Resources, Inc. (NYSE:CLR) Ratings Coverage

Among 24 analysts covering Continental Resources (NYSE:CLR), 16 have Buy rating, 0 Sell and 8 Hold. Therefore 67% are positive. Continental Resources had 48 analyst reports since January 17, 2018 according to SRatingsIntel. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, January 24. Ladenburg maintained the shares of CLR in report on Thursday, May 3 with “Buy” rating. On Tuesday, March 6 the stock rating was maintained by Jefferies with “Buy”. The firm has “Buy” rating given on Monday, February 26 by BMO Capital Markets. Citigroup downgraded the stock to “Hold” rating in Tuesday, May 8 report. The firm has “Buy” rating given on Tuesday, January 30 by Jefferies. The firm earned “Buy” rating on Friday, February 23 by KLR Group. The stock of Continental Resources, Inc. (NYSE:CLR) earned “Buy” rating by Piper Jaffray on Wednesday, April 11. The stock of Continental Resources, Inc. (NYSE:CLR) has “Buy” rating given on Thursday, February 15 by RBC Capital Markets. The firm has “Buy” rating given on Friday, April 13 by RBC Capital Markets.

Continental Resources, Inc. explores for, develops, and produces natural gas and crude oil properties in the north, south, and east regions of the United States. The company has market cap of $23.21 billion. The firm sells its natural gas and crude oil production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. It has a 22.8 P/E ratio. As of December 31, 2016, its estimated proved reserves were 1,275 million barrels of crude oil equivalent with estimated proved developed reserves of 519 MMBoe.

Another recent and important Continental Resources, Inc. (NYSE:CLR) news was published by Seekingalpha.com which published an article titled: “Continental Resources – The Place To Be” on June 18, 2018.

Continental Resources, Inc. (NYSE:CLR) Institutional Positions Chart

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