How to buy Continental Resources stock - 18 April

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How to buy Continental Resources stock

Own Continental Resources stock in just a few minutes.

Continental Resources, Inc is an oil & gas e&p business based in the US. Continental Resources shares (CLR) are listed on the NYSE and all prices are listed in US Dollars. Continental Resources employs 1,201 staff and has a trailing 12-month revenue of around USD$2.4 billion.

How to buy shares in Continental Resources

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Continental Resources. Find the stock by name or ticker symbol: CLR. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Continental Resources reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Continental Resources, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Continental Resources. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Continental Resources share price

Use our graph to track the performance of CLR stocks over time.

Continental Resources shares at a glance

Information last updated 2021-04-15.
52-week rangeUSD$9.85 - USD$32.3881
50-day moving average USD$26.8586
200-day moving average USD$19.4045
Wall St. target priceUSD$27.6
PE ratio 16.1963
Dividend yield USD$0.05 (0.2%)
Earnings per share (TTM) USD$1.084

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Continental Resources stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Continental Resources under- or over-valued?

Valuing Continental Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Continental Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Continental Resources's P/E ratio

Continental Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 16x. In other words, Continental Resources shares trade at around 16x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Continental Resources's PEG ratio

Continental Resources's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.7348. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Continental Resources's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Continental Resources's EBITDA

Continental Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$1.6 billion.

The EBITDA is a measure of a Continental Resources's overall financial performance and is widely used to measure a its profitability.

Continental Resources financials

Revenue TTM USD$2.4 billion
Gross profit TTM USD$1.8 billion
Return on assets TTM -1.53%
Return on equity TTM -8.95%
Profit margin -24.78%
Book value $16.808
Market capitalisation USD$10.1 billion

TTM: trailing 12 months

Shorting Continental Resources shares

There are currently 11.7 million Continental Resources shares held short by investors – that's known as Continental Resources's "short interest". This figure is 17.6% down from 14.2 million last month.

There are a few different ways that this level of interest in shorting Continental Resources shares can be evaluated.

Continental Resources's "short interest ratio" (SIR)

Continental Resources's "short interest ratio" (SIR) is the quantity of Continental Resources shares currently shorted divided by the average quantity of Continental Resources shares traded daily (recently around 2.3 million). Continental Resources's SIR currently stands at 5.03. In other words for every 100,000 Continental Resources shares traded daily on the market, roughly 5030 shares are currently held short.

However Continental Resources's short interest can also be evaluated against the total number of Continental Resources shares, or, against the total number of tradable Continental Resources shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Continental Resources's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Continental Resources shares in existence, roughly 30 shares are currently held short) or 0.18% of the tradable shares (for every 100,000 tradable Continental Resources shares, roughly 180 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Continental Resources.

Find out more about how you can short Continental Resources stock.

Continental Resources's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Continental Resources.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Continental Resources's total ESG risk score

Total ESG risk: 52.17

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Continental Resources's overall score of 52.17 (as at 12/31/2018) is pretty weak – landing it in it in the 97th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Continental Resources is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Continental Resources's environmental score

Environmental score: 24.99/100

Continental Resources's social score

Social score: 13.44/100

Continental Resources's governance score

Governance score: 9.23/100

Continental Resources's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Continental Resources scored a 1 out of 5 for controversy – the highest score possible, reflecting that Continental Resources has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Continental Resources, Inc was last rated for ESG on: 2019-01-01.

Total ESG score 52.17
Total ESG percentile 96.86
Environmental score 24.99
Social score 13.44
Governance score 9.23
Level of controversy 1

Continental Resources share dividends

9%

Dividend payout ratio: 9.35% of net profits

Recently Continental Resources has paid out, on average, around 9.35% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.2% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Continental Resources shareholders could enjoy a 2.2% return on their shares, in the form of dividend payments. In Continental Resources's case, that would currently equate to about $0.05 per share.

While Continental Resources's payout ratio might seem low, this can signify that Continental Resources is investing more in its future growth.

Continental Resources's most recent dividend payout was on 20 February 2020. The latest dividend was paid out to all shareholders who bought their shares by 5 February 2020 (the "ex-dividend date").

Have Continental Resources's shares ever split?

Continental Resources's shares were split on a 2:1 basis on 10 September 2014. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Continental Resources shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Continental Resources shares which in turn could have impacted Continental Resources's share price.

Continental Resources share price volatility

Over the last 12 months, Continental Resources's shares have ranged in value from as little as $9.85 up to $32.3881. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Continental Resources's is 3.3552. This would suggest that Continental Resources's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Continental Resources overview

Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas 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, 2020, its proved reserves were 1,104 million barrels of crude oil equivalent (MMBoe) with proved developed reserves of 627 MMBoe. The company was founded in 1967 and is headquartered in Oklahoma City, Oklahoma. .

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