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NYSE: CLR
CONTINENTAL RESOURCES INC Stock Forecast, Predictions & Price Target

Analyst price target for CLR

Based on 12 analysts offering 12 month price targets for CONTINENTAL RESOURCES INC.
Min Forecast
$46.00-21.9%
Avg Forecast
$65.75+11.63%
Max Forecast
$82.00+39.22%

Should I buy or sell CLR stock?

Based on 12 analysts offering ratings for CONTINENTAL RESOURCES INC.
Buy
Strong Buy
4 analysts 33.33%
Buy
3 analysts 25%
Hold
3 analysts 25%
Sell
0 analysts 0%
Strong Sell
2 analysts 16.67%

CLR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Raymond James
Top 1%
100
BuyMaintains$80.00+30.57%2022-04-25
Morgan Stanley
Top 1%
100
Strong SellMaintains$70.00+14.25%2022-04-22
Barclays
Top 21%
80
Strong SellMaintains$67.00+9.35%2022-04-19
Anonymous
KeyBanc
Strong BuyMaintains$72.00+17.51%2022-04-14
Piper Sandler
Top 4%
97
HoldMaintains$76.00+24.04%2022-04-07
Mizuho
Top 1%
100
HoldMaintains$72.00+17.51%2022-03-31
Wells Fargo
Top 1%
100
Strong BuyMaintains$82.00+33.83%2022-03-14
RBC Capital
Top 3%
98
BuyUpgrades$70.00+14.25%2022-02-07
KeyBanc
Top 1%
100
Strong BuyMaintains$57.00-6.97%2022-01-20
ScotiaBank
Top 4%
97
BuyUpgrades$58.00-5.34%2021-11-17

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Forecast return on equity

Is CLR forecast to generate an efficient return?
Company
33.75%
Industry
15.74%
Market
32.44%
CLR's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CLR forecast to generate an efficient return on assets?
Company
13.54%
Industry
6.82%
CLR is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CLR earnings per share forecast

What is CLR's earnings per share in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$11.33+103.78%
Avg 2 year Forecast
$10.36+86.33%
Avg 3 year Forecast
$9.40+69.06%
CLR's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CLR revenue forecast

What is CLR's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$9.8B+54.62%
Avg 2 year Forecast
$9.3B+47.36%
Avg 3 year Forecast
$8.8B+39.5%
CLR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CLR earnings growth forecast

How is CLR forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
19.12%
Industry
20.11%
Market
15.83%
CLR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CLR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CLR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CLR revenue growth forecast

How is CLR forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
11.78%
Industry
9.12%
Market
9.27%
CLR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CLR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CLR vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
CLR$61.27$65.75+7.31%Buy
FANG$131.45$157.83+20.07%Strong Buy
MRO$28.36$30.92+9.04%Strong Buy
CTRA$31.05$30.55-1.63%Buy
EQT$42.47$48.67+14.59%Strong Buy

CONTINENTAL RESOURCES Stock Forecast FAQ

Is CONTINENTAL RESOURCES Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NYSE: CLR) stock is to Buy CLR stock.

Out of 12 analysts, 4 (33.33%) are recommending CLR as a Strong Buy, 3 (25%) are recommending CLR as a Buy, 3 (25%) are recommending CLR as a Hold, 0 (0%) are recommending CLR as a Sell, and 2 (16.67%) are recommending CLR as a Strong Sell.

What is CLR's earnings growth forecast for 2022-2024?

(NYSE: CLR) CONTINENTAL RESOURCES's forecast annual earnings growth rate of 19.14% is not forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 20.11%, and while it is forecast to beat the US market's average forecast earnings growth rate of 15.83%.

CONTINENTAL RESOURCES's earnings in 2022 is $1,999,083,000.On average, 8 Wall Street analysts forecast CLR's earnings for 2022 to be $4,112,439,960, with the lowest CLR earnings forecast at $3,466,354,953, and the highest CLR earnings forecast at $5,386,461,518. On average, 9 Wall Street analysts forecast CLR's earnings for 2023 to be $3,760,359,928, with the lowest CLR earnings forecast at $3,179,609,360, and the highest CLR earnings forecast at $5,197,717,584.

In 2024, CLR is forecast to generate $3,411,909,587 in earnings, with the lowest earnings forecast at $2,791,232,417 and the highest earnings forecast at $3,941,844,480.

What is CLR's revenue growth forecast for 2022-2024?

(NYSE: CLR) CONTINENTAL RESOURCES's forecast annual revenue growth rate of 11.78% is forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 9.12%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 9.27%.

CONTINENTAL RESOURCES's revenue in 2022 is $6,319,741,000.On average, 7 Wall Street analysts forecast CLR's revenue for 2022 to be $3,546,846,255,537, with the lowest CLR revenue forecast at $3,330,168,944,554, and the highest CLR revenue forecast at $4,127,684,662,060. On average, 7 Wall Street analysts forecast CLR's revenue for 2023 to be $3,380,191,168,790, with the lowest CLR revenue forecast at $3,121,723,046,935, and the highest CLR revenue forecast at $3,993,386,093,210.

In 2024, CLR is forecast to generate $3,199,871,021,179 in revenue, with the lowest revenue forecast at $2,906,170,214,239 and the highest revenue forecast at $3,451,836,188,550.

What is CLR's forecast return on assets (ROA) for 2022-2025?

(NYSE: CLR) forecast ROA is 13.54%, which is higher than the forecast US Oil & Gas E&P industry average of 6.82%.

What is CLR's Price Target?

According to 12 Wall Street analysts that have issued a 1 year CLR price target, the average CLR price target is $65.75, with the highest CLR stock price forecast at $82.00 and the lowest CLR stock price forecast at $46.00.

On average, Wall Street analysts predict that CONTINENTAL RESOURCES's share price could reach $65.75 by Apr 25, 2023. The average CONTINENTAL RESOURCES stock price prediction forecasts a potential upside of 7.31% from the current CLR share price of $61.27.

What is CLR's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: CLR) CONTINENTAL RESOURCES's current Earnings Per Share (EPS) is $5.56. On average, analysts forecast that CLR's EPS will be $11.33 for 2022, with the lowest EPS forecast at $9.55, and the highest EPS forecast at $14.84. On average, analysts forecast that CLR's EPS will be $10.36 for 2023, with the lowest EPS forecast at $8.76, and the highest EPS forecast at $14.32. In 2024, CLR's EPS is forecast to hit $9.40 (min: $7.69, max: $10.86).

What is CLR's forecast return on equity (ROE) for 2022-2025?

(NYSE: CLR) forecast ROE is 33.75%, which is considered strong.
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