In addition to Harold Hamm, 3 other CLR executives reported Buy trades in the last month.
Based on Continental Resources’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $597 million and quarterly net profit of $27.67 million. In comparison, last year the company earned revenue of $559 million and had a GAAP net loss of $140 million. The company has a one year high of $60.30 and a one year low of $27.46. Currently, Continental Resources has an average volume of 2.84M.
31 different firms, including Barclays and Barrington, currently also have a Buy rating on the stock. Based on 10 analyst ratings, the analyst consensus is Strong Buy with an average price target of $60.78, reflecting a -28.6% downside.
In the last 30 days, insiders have sold $1.55M worth of CLR shares and purchased $1.78M worth of CLR shares. The insider sentiment on Continental Resources has been negative according to 54 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Harold Hamm’s trades have generated a -35.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Continental Resources, Inc. engages in the exploration and production of crude oil and natural gas. Its operations are focused on the Red River Units, Anadarko Woodford and Bakken field plays. The company was founded by Harold G. Hamm in 1967 and is headquartered in Oklahoma City, OK.