Continental Resources, Inc. (NYSE:CLR) had its Actual EPS of -0.41 in the Last Quarter


Continental Resources, Inc. (NYSE:CLR) moved down -0.67% and closed its last trading session at $46.01. This Oils-Energy Sector stock currently has the Market Capitalization of 16.96 Billion. The Average Volume for the stock is measured as 2.71 Million. The Stock has a 52-Week High of $60.3 and 52-Week Low of $16.92 following the dates, it touched its 52-Week High on Dec 1, 2016 and 52-Week Low on Feb 19, 2016. Currently, the Return on Assets value for the trailing twelve months is -3.9% with the Return on Equity and Return on Investment of -12.8% and -0.4% respectively. This firm currently has YTD (year to date) performance of -10.73 Percent which is not good. The Short Ratio for the stock is 6.88.

Continental Resources, Inc. (NYSE:CLR) Price to Earnings (P/E) ratio is 0. EPS or Earning per Share stands at $-1.53. The TTM operating margin is -29.2 percent.

Continental Resources, Inc. (NYSE:CLR) reports its Earnings on Wed 22 Feb (In 6 Days). The estimated EPS for the current quarter is said to be $-0.12. Following Earnings result, share price were DOWN 18 times out of last 28 Qtrs. The stock has reduced about -1.5% since it reported its last earnings. The Closing price of Continental Resources, Inc. (NYSE:CLR) at Last Earnings was $47.01 as compared to the previous closing price of $46.32. The Predicted Move on the 7th day after Continental Resources, Inc. (NYSE:CLR) will release its earnings at about 6%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Continental Resources, Inc. (NYSE:CLR) beats earnings by 25%, The Stock Missed Earnings  7  times and has met earnings  2  times.

Earnings History:

We will discuss the past Quarters Earnings below:

Continental Resources, Inc. (NYSE:CLR) reported its previous quarter on 11/02/2016 where it reported the Actual Earnings of $-0.22. The Closing price before the company posted its earnings was $47.01. The Stock declined on the very next day of earnings and maintained its stock price at $46.17 by showing a % change of -1.79 percent from its previous closing price. The Next Day Volume after Earnings was reported as 6.34 Million. On the 7th day After Earnings Report, the stock hit its share price as $47.2 by showing 0.4% increase from the Stock price Before Earnings were reported.

On 08/03/2016, the stock reported the EPS of $-0.18 where Analysts were projecting the EPS to be $-0.17 showing a difference of $-0.01. Thus Surprise Factor was there with -5.9 percent. Before Earnings Announcement on 08/03/2016, the firm had its stock price of $44.88. And immediately on the next day after earnings announcement, the stock declined -1.02% and closed its trading session at $44.42. On 7th Day after earnings release, Continental Resources, Inc. (NYSE:CLR) dropped to -0.85% from $44.88 to $44.5.

On 05/04/2016, Analysts were suspecting EPS of $-0.37/share where Continental Resources, Inc. (NYSE:CLR) reported its Actual EPS of $-0.41. Thus showing a Surprise of -10.8 percent. The Closing Price of the stock before earnings was $34.85 while on the Next day the stock closed its trading session at $39.7 with a percentage change of 13.92% from the price of 34.85 before Earnings. The Stock Closing Price on the 7th day of earnings was $40.16.

Company Profile:

Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The company sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. As of December 31, 2015, its estimated proved reserves were 1,226 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 525 MMBoe. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.