Stock Updates

A look at a High Market Cap Stock: Continental Resources, Inc., CLR

Continental Resources, Inc., CLR is in the exchange NYSE and its industry is Independent Oil & Gas in the sector of Basic Materials. Based in USA, Continental Resources, Inc., CLR  has a market cap of 17681.56. Since its IPO date on the 5/15/2007, Continental Resources, Inc., CLR performance year to date is 105.44%. Today Continental Resources, Inc., CLR has gained 18.26%, with a current price of 55.83.

Ownership of the company is 0.40% for insider ownership while institutional ownership is 23.50%. The management of the company have seen the company have a payout ratio of *TBA. Return of assets are at -3.90%, with return on investment at -0.40%.

In terms of debt levels and profit levels, Continental Resources, Inc., CLR is seeing a long-term debt/equity of 1.6. While Total debt/equity is 1.6. With a profit margin of -28.30%, this is combined with a gross margin of 92.10%, and operating margin of -29.20%. Continental Resources, Inc. ability to meet debt levels, with a current ratio of 0.9, while the quick ratio is 0.8.

For the last year Continental Resources, Inc., CLR has seen a EPS growth of -136.30%. A performance for the year of 30.06%. The 52-week high is 1.38%, and the 52-week low is 300.50%. The average volume for Continental Resources, Inc., CLR is 3484330.

With a target price of 56.74, can Continental Resources, Inc., CLR reach this target? Looking at the value indicators of Continental Resources, Inc., CLR. Continental Resources, Inc. has a P/E of *TBA and a forward P/E of 185.87. Perhaps the more useful indicator than P/E, is PEG which has a value of *TBA. Continental Resources, Inc. also has a P/S and a P/B of 8.81 and 4.11 respectively. For P/cash, Continental Resources, Inc. has a value of 906.75, while it is *TBA for P/free cash flow.

At the current price of 55.83, Continental Resources, Inc. has a dividend yield of *TBA. We see a return on equity of -12.80%.

Looking more long-term Continental Resources, Inc., is projected to get an EPS growth for the next five years of *TBA. In the short-term an EPS growth of 128.10% in the next year is forecasted. This is after a EPS growth of -136.30% for this year and for the last five years a -31.50% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Tony Dabbs

Leave a Comment