The Razor's Edge
2-Year Price History
Recent Price
(1/5/2009)
$24.57
52-Week Price
$12.01 - $83.81
Market Capitalization
$4.2 Billion
Most Recent Dividend
$0.00
About Continental Resources, Inc.
Continental Resources, Incorporated is considered to operate in the Basic Materials
sector. They specifically operate in the Oil & Gas Drilling/Exploring
business segment contained within the Energy industry.
An independent oil and natural gas exploration and production company with operations in the Rocky Mountain, Mid-Continent and Gulf Coast regions of the United States.
A Word Of Caution
Continental Resources, Incorporated (CLR) has experienced a very significant loss in market value recently. Clearly this drop in price will have an impact on the valuation but the recent events that caused the drop may have not been fully factored into our analysis yet. When a stock loses value very quickly it could be a sign that there is a fear of bankruptcy.
Of course, you may proceed to review our research report for this security, but please be aware that our model may not reflect significant factors surrounding this company.
Therefore, (and as always), check additional sources and available information regarding CLR before making an investment decision.
Ockham's Rating
Rating Specific Information Withheld
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CLR Revenue
Currently, the data available for CLR is not sufficient for us to properly evaluate the stock. We will resume coverage as the data allows.
CLR Cash Earnings
Cash (and the ability of a company to generate it) is a pivotal analysis at Ockham Research. With CLR, we have found that we don't have as many years of positive Cash Earnings as we would like in order to run an analysis. When a company like CLR has had several years of negative Cash Earnings mixed in with their positive years, it can be difficult to really get a good analysis of their potential. At Ockham, we always advise that Cash is key to any investment, so investors should consider the lack of positive years available as a signal that other types of analysis may need to be more heavily relied upon in CLR's case.
CLR Dividends
A strong dividend payment history is looked upon as a favorable characteristic on a company’s future and potentially can receive a positive Ockham rating. That being said, we don't require dividend payments for company's whose management has elected to forgo them entirely. As far as our investing methodology goes, it is not necessary to pay a dividend in order to get a favorable rating, so as for right now CLR gets a neutral rating for the dividend portion of the model. The company is not currently paying a dividend nor have they in the fairly recent past.
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