$0.01 EPS Expected for Continental Resources, Inc. (CLR)

October 20, 2017 - By Linda Rogers

 $0.01 EPS Expected for Continental Resources, Inc. (CLR)
Investors sentiment increased to 1.08 in Q2 2017. Its up 0.04, from 1.04 in 2017Q1. It is positive, as 47 investors sold Continental Resources, Inc. shares while 95 reduced holdings. 41 funds opened positions while 112 raised stakes. 85.95 million shares or 2.26% more from 84.06 million shares in 2017Q1 were reported.
Minnesota-based Sit Invest Inc has invested 0.04% in Continental Resources, Inc. (NYSE:CLR). Phocas Fin invested 0% of its portfolio in Continental Resources, Inc. (NYSE:CLR). Parsons Mgmt Ri holds 0.04% or 9,055 shares in its portfolio. Bluecrest Capital Management Limited owns 148,640 shares. Bnp Paribas Asset Management Sa accumulated 65,529 shares. Amalgamated Savings Bank has 7,870 shares. 1.55 million were accumulated by Morgan Stanley. Cambridge Invest Rech has invested 0.01% of its portfolio in Continental Resources, Inc. (NYSE:CLR). Bridgewater Limited Partnership holds 0.01% or 23,229 shares. Pictet Asset holds 34,100 shares. Pioneer Investment Mgmt Inc reported 0.02% stake. Connecticut-based Aqr Capital Mngmt has invested 0% in Continental Resources, Inc. (NYSE:CLR). Sterling Cap Limited Liability Co stated it has 0% in Continental Resources, Inc. (NYSE:CLR). Price T Rowe Associate Md holds 0.01% in Continental Resources, Inc. (NYSE:CLR) or 2.00 million shares. Cubist Systematic Strategies Ltd Liability reported 22,813 shares.

Since May 12, 2017, it had 2 insider purchases, and 0 sales for $3.72 million activity.

Analysts expect Continental Resources, Inc. (NYSE:CLR) to report $0.01 EPS on November, 1.They anticipate $0.23 EPS change or 104.55 % from last quarter’s $-0.22 EPS. CLR’s profit would be $3.75 million giving it 919.25 P/E if the $0.01 EPS is correct. The stock increased 0.60% or $0.22 during the last trading session, reaching $36.77. About 2.14M shares traded. Continental Resources, Inc. (NYSE:CLR) has risen 4.05% since October 20, 2016 and is uptrending. It has underperformed by 12.65% the S&P500.

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

Among 36 analysts covering Continental Resources Inc. (NYSE:CLR), 23 have Buy rating, 0 Sell and 13 Hold. Therefore 64% are positive. Continental Resources Inc. had 111 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Positive” rating given on Tuesday, January 26 by Susquehanna. The firm has “Buy” rating by Tudor Pickering given on Friday, January 15. The rating was downgraded by Deutsche Bank on Thursday, December 8 to “Hold”. The firm has “Buy” rating given on Sunday, August 27 by BMO Capital Markets. The stock of Continental Resources, Inc. (NYSE:CLR) earned “Buy” rating by Stifel Nicolaus on Friday, August 25. The company was maintained on Friday, April 21 by Barclays Capital. Robert W. Baird maintained it with “Hold” rating and $40.0 target in Wednesday, August 30 report. BMO Capital Markets maintained Continental Resources, Inc. (NYSE:CLR) on Friday, October 28 with “Outperform” rating. Cowen & Co maintained the shares of CLR in report on Wednesday, September 27 with “Hold” rating. The stock of Continental Resources, Inc. (NYSE:CLR) earned “Neutral” rating by Bank of America on Monday, August 24.

Continental Resources, Inc. is a crude oil and natural gas firm with properties in the North, South and East regions of the United States. The company has market cap of $13.80 billion. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units. It currently has negative earnings. The South region includes properties south of Nebraska and west of the Mississippi River including various plays in the South Central Oklahoma Oil Province , Sooner Trend Anadarko Canadian Kingfisher (STACK), and Arkoma Woodford areas of Oklahoma.

More notable recent Continental Resources, Inc. (NYSE:CLR) news were published by: Seekingalpha.com which released: “Is Jim Chanos wrong?” on September 22, 2017, also Newsok.com with their article: “Oklahoma City-based Continental Resources to export oil to China” published on October 18, 2017, Prnewswire.com published: “Continental Resources Reports Sale Of 1 Million Barrels Of Bakken Oil For …” on October 17, 2017. More interesting news about Continental Resources, Inc. (NYSE:CLR) were released by: Prnewswire.com and their article: “Continental Resources To Announce Third Quarter 2017 Results On Tuesday …” published on October 05, 2017 as well as Seekingalpha.com‘s news article titled: “Can Harold Hamm And Continental Resources Prove James Chanos Wrong” with publication date: October 08, 2017.

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