|Bid||38.50 x 1100|
|Ask||0.00 x 1800|
|Day's Range||38.05 - 40.24|
|52 Week Range||34.61 - 71.95|
|Beta (3Y Monthly)||1.58|
|PE Ratio (TTM)||15.77|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Does the June share price for Continental Resources, Inc. (NYSE:CLR) reflect what it's really worth? Today, we will...
Comstock Resources (CRK) agreed to buy Cover Park Energy for $2.2 billion. Meanwhile, Royal Dutch Shell (RDS.A) pledged to return at least $125 billion to its shareholders between 2021 and 2025.
Reputable billionaire investors such as Jim Simons, Cliff Asness and David Tepper generate exorbitant profits for their wealthy accredited investors (a minimum of $1 million in investable assets would be required to invest in a hedge fund and most successful hedge funds won't accept your savings unless you commit at least $5 million) by pinpointing […]
CEO & Chairman of Continental Resources Inc (NYSE:CLR) Harold Hamm bought 38,600 shares of CLR on 06/06/2019 at an average price of $38.76 a share.
The federal government's EIA report revealed that crude inventories rose by 6.8 million barrels for the week ending May 31 to a nearly 2-year high.
"With Energy likely to remain under 5% of the Russell 3000 and heavily weighted towards the Value indices following the Russell reconstitution this month, there is more burden on E&Ps to appeal to value investors," analysts William Thompson and Jeanine Wai told clients in a note. The largest energy stock-weighting is held by Exxon Mobil Corp. at about 1.1 percent, sitting below tech giants including Microsoft Corp. and Apple Inc. at 3.4 percent and 3.1 percent respectively.
Continental Resources' (CLR) board of directors approves a $1-billion share buyback program and quarterly dividend initiation.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Harold Hamm, 73, is a multi-billionaire, a major Republican donor, and a pioneer in shale drilling in the Bakken formation (located in North Dakota, Montana and adjacent parts of Canada). Hamm has a big appetite for the stock of Continental Resources Inc. (CLR), the oil-and-gas company he runs. Warning! GuruFocus has detected 1 Warning Sign with CONN.
Help is on the way for shareholders of the oil-and-gas exploration and production company, with the introduction of a capital-return program.
were soaring Tuesday after the oil and gas company announced a new share buyback program and new dividend. The Oklahoma City-based company initiated a quarterly dividend of 5 cents per share, payable on Nov. 21, to shareholders of record on Nov. 7. The company also announced a share repurchase program of $1 billion beginning in the second quarter of 2019 and continuing through 2020.
Shares of Continental Resources Inc. rocketed 13.1% in morning trade Tuesday, putting them on track for the biggest one-day gain in 2 1/2 years, after the oil producer initiated paying a dividend and implemented a $1 billion stock repurchase program. The rally comes after the stock closed Friday at the lowest level since September 2017. The company said late Monday that it will pay a quarterly dividend of 5 cents a share, payable on Nov. 21 to stockholders of record on Nov. 7. Based on current share prices, the new annual dividend rate implies a yield of 0.51%, compared with the yield on the SPDR Energy Select Sector ETF of 3.43% and the implied yield on the S&P 500 of 2.08%. And the share repurchase program, which will begin in the second quarter and continue through 2020, could represent up to 6.7% of the shares outstanding. "This demonstrates the confidence we have in the quality and sustainability of our assets and our commitment to maximizing shareholder value," said Chief Executive Harold Hamm. "We see the current value of our equity as being unreasonably low, making the acquisition of our stock the best use of excess cash at this time." Separately, the company said it plans to keep reducing debt, to approach $5 billion of net debt by year-end 2019. The stock has lost 12.5% over the past 12 months, while the energy ETF has lost 9.5% and the S&P 500 has slipped 0.7%.
A tech stock posted results the post-market crowd didn't like, but an energy company launched a fresh new dividend.
With foothold in prolific unconventional U.S. plays and focus to strengthen financials, Continental Resources (CLR) is a promising investment bet.
Continental Resources (CLR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
When weighing which oil stocks to buy, consider which ones are the leaders in U.S. shale or are already big players making moves in top plays like the Permian.
Rattler Midstream, a subsidiary of Diamondback Energy (FANG), priced its IPO at $17.50 per unit, in the middle of its previously indicated range of $16 to $19 per unit.
These five CEOs didn’t sell in May and go away. Instead, as the days ticked down to Memorial Day, they bought shares in their companies.
The Zacks Analyst Blog Highlights: Chevron, ConocoPhillips, Valero Energy, Marathon Petroleum and Continental Resources
The federal government's EIA report revealed that crude inventories rose by 4.7 million barrels for the week ending May 17 to a 22-month high.