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Continental Resources

DB:C5L
Snowflake Description

Undervalued with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
C5L
DB
$4B
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties primarily in the north, south, and east regions of the United States. The last earnings update was 42 days ago. More info.


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  • Continental Resources has significant price volatility in the past 3 months.
C5L Share Price and Events
7 Day Returns
55.5%
DB:C5L
8.7%
DE Oil and Gas
4.3%
DE Market
1 Year Returns
-75.9%
DB:C5L
34.4%
DE Oil and Gas
-14.2%
DE Market
C5L Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Continental Resources (C5L) 55.5% 32.7% -67.3% -75.9% -77.1% -79.5%
DE Oil and Gas 8.7% -2.8% -19.4% 34.4% -14.7% 157%
DE Market 4.3% -9% -21.6% -14.2% -19.6% -25.6%
1 Year Return vs Industry and Market
  • C5L underperformed the Oil and Gas industry which returned 34.4% over the past year.
  • C5L underperformed the Market in Germany which returned -14.2% over the past year.
Price Volatility
C5L
Industry
5yr Volatility vs Market

C5L Value

 Is Continental Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Continental Resources to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Continental Resources.

DB:C5L Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 20 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.8%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:C5L
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.97
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.972 (1 + (1- 21%) (138.72%))
1.695
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.7
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.695 * 5.44%)
8.83%

Discounted Cash Flow Calculation for DB:C5L using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Continental Resources is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:C5L DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.83%)
2020 200.08 Analyst x7 183.85
2021 414.76 Analyst x7 350.18
2022 571.33 Analyst x3 443.23
2023 976.00 Analyst x1 695.73
2024 1,289.06 Est @ 32.08% 844.33
2025 1,576.99 Est @ 22.34% 949.10
2026 1,821.72 Est @ 15.52% 1,007.42
2027 2,017.48 Est @ 10.75% 1,025.15
2028 2,166.88 Est @ 7.41% 1,011.72
2029 2,276.66 Est @ 5.07% 976.72
Present value of next 10 years cash flows $7,487.00
DB:C5L DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $2,276.66 × (1 + -0.39%) ÷ (8.83% – -0.39%)
$24,593.57
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $24,593.57 ÷ (1 + 8.83%)10
$10,551.00
DB:C5L Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $7,487.00 + $10,551.00
$18,038.00
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $18,038.00 / 368.08
$49.01
DB:C5L Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:C5L represents 0.80436x of NYSE:CLR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.80436x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 49.01 x 0.80436
€39.42
Value per share (EUR) From above. €39.42
Current discount Discount to share price of €9.95
= -1 x (€9.95 - €39.42) / €39.42
74.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Continental Resources is available for.
Intrinsic value
>50%
Share price is €9.95 vs Future cash flow value of €39.42
Current Discount Checks
For Continental Resources to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Continental Resources's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Continental Resources's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Continental Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Continental Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:C5L PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $2.09
NYSE:CLR Share Price ** NYSE (2020-04-08) in USD $12.37
Europe Oil and Gas Industry PE Ratio Median Figure of 104 Publicly-Listed Oil and Gas Companies 6.5x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 17.07x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Continental Resources.

DB:C5L PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:CLR Share Price ÷ EPS (both in USD)

= 12.37 ÷ 2.09

5.91x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Continental Resources is good value based on earnings compared to the Europe Oil and Gas industry average.
  • Continental Resources is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Continental Resources's expected growth come at a high price?
Raw Data
DB:C5L PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.91x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 20 Analysts
-9.7%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 66 Publicly-Listed Oil and Gas Companies 0.32x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.24x

*Line of best fit is calculated by linear regression .

DB:C5L PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 5.91x ÷ -9.7%

-0.61x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Continental Resources earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Continental Resources's assets?
Raw Data
DB:C5L PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $18.34
NYSE:CLR Share Price * NYSE (2020-04-08) in USD $12.37
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.01x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.47x
DB:C5L PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:CLR Share Price ÷ Book Value per Share (both in USD)

= 12.37 ÷ 18.34

0.67x

* Primary Listing of Continental Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Continental Resources is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Continental Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Continental Resources has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

C5L Future Performance

 How is Continental Resources expected to perform in the next 1 to 3 years based on estimates from 20 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-9.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Continental Resources expected to grow at an attractive rate?
  • Continental Resources's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Continental Resources's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • Continental Resources's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:C5L Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:C5L Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 20 Analysts -9.7%
DB:C5L Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 20 Analysts -6.9%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13.8%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:C5L Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 20 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:C5L Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 2,973 3,743 712 1
2023-12-31 3,309 2,975 537 2
2022-12-31 2,999 2,484 -3 4
2021-12-31 2,876 1,913 -147 12
2020-12-31 2,578 1,603 -528 13
2020-04-08
DB:C5L Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 4,225 3,116 776
2019-09-30 4,194 3,267 779
2019-06-30 4,364 3,321 935
2019-03-31 4,369 3,291 941
2018-12-31 4,380 3,456 988
2018-09-30 4,267 3,232 1,632
2018-06-30 3,749 2,803 1,329
2018-03-31 3,274 2,495 1,023
2017-12-31 2,821 2,079 789
2017-09-30 2,415 1,610 -25
2017-06-30 2,224 1,545 -145
2017-03-31 2,127 1,317 -201

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Continental Resources's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Continental Resources's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:C5L Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 20 Analyst Estimates (S&P Global) See Below

All data from Continental Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:C5L Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31 1.93 3.50 0.36 2.00
2023-12-31 1.36 2.35 0.37 2.00
2022-12-31 0.14 1.00 -0.65 4.00
2021-12-31 -0.37 1.37 -1.71 16.00
2020-12-31 -1.43 -0.34 -2.52 17.00
2020-04-08
DB:C5L Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 2.09
2019-09-30 2.10
2019-06-30 2.51
2019-03-31 2.53
2018-12-31 2.66
2018-09-30 4.39
2018-06-30 3.58
2018-03-31 2.76
2017-12-31 2.13
2017-09-30 -0.07
2017-06-30 -0.39
2017-03-31 -0.54

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Continental Resources is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Continental Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Continental Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

C5L Past Performance

  How has Continental Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Continental Resources's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Continental Resources has delivered over 20% year on year earnings growth in the past 5 years.
  • Continental Resources's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Continental Resources's 1-year earnings growth is negative, it can't be compared to the Europe Oil and Gas industry average.
Earnings and Revenue History
Continental Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Continental Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:C5L Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 4,224.88 775.64 209.97
2019-09-30 4,194.35 779.43 201.73
2019-06-30 4,363.89 935.44 198.74
2019-03-31 4,369.02 941.35 195.90
2018-12-31 4,380.38 988.32 191.21
2018-09-30 4,267.27 1,632.49 202.81
2018-06-30 3,748.54 1,328.95 201.73
2018-03-31 3,273.84 1,022.92 196.64
2017-12-31 2,820.90 789.45 204.10
2017-09-30 2,414.61 -24.80 204.79
2017-06-30 2,223.69 -145.04 207.77
2017-03-31 2,126.51 -200.88 203.30
2016-12-31 1,909.74 -399.68 186.55
2016-09-30 1,909.79 -567.02 172.98
2016-06-30 2,069.98 -539.83 178.63
2016-03-31 2,376.76 -420.02 185.01
2015-12-31 2,388.45 -353.67 209.26
2015-09-30 2,939.88 -99.94 228.80
2015-06-30 3,475.07 516.00 232.27
2015-03-31 3,822.58 619.14 246.09
2014-12-31 4,241.86 977.34 234.72
2014-09-30 4,245.54 996.12 208.79
2014-06-30 4,092.87 630.09 193.54
2014-03-31 3,838.25 849.83 182.44
2013-12-31 3,613.56 764.22 179.33
2013-09-30 3,379.47 851.91 173.29
2013-06-30 3,002.83 728.50 165.57

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Continental Resources has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Continental Resources used its assets more efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • Continental Resources has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Continental Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Continental Resources has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

C5L Health

 How is Continental Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Continental Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Continental Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Continental Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Continental Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Continental Resources Company Filings, last reported 3 months ago.

DB:C5L Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 7,108.35 5,326.51 39.40
2019-09-30 6,914.18 5,570.83 35.26
2019-06-30 6,829.84 5,769.71 206.48
2019-03-31 6,638.30 5,769.03 264.37
2018-12-31 6,421.86 5,768.35 282.75
2018-09-30 5,938.81 5,957.67 12.90
2018-06-30 5,613.49 6,166.54 129.99
2018-03-31 5,361.22 6,166.08 98.15
2017-12-31 5,131.20 6,353.69 43.90
2017-09-30 4,276.78 6,614.55 10.77
2017-06-30 4,254.34 6,555.99 17.19
2017-03-31 4,309.35 6,510.45 17.19
2016-12-31 4,302.00 6,579.92 16.64
2016-09-30 4,260.70 6,832.34 19.50
2016-06-30 4,366.95 7,151.46 16.56
2016-03-31 4,475.12 7,205.60 12.93
2015-12-31 4,668.90 7,117.79 11.46
2015-09-30 4,798.58 7,110.83 16.96
2015-06-30 4,856.03 6,990.16 25.46
2015-03-31 4,841.04 6,786.91 47.65
2014-12-31 4,967.84 5,928.88 24.38
2014-09-30 4,848.21 5,833.92 152.29
2014-06-30 4,304.26 6,133.34 776.96
2014-03-31 4,187.76 5,069.84 51.54
2013-12-31 3,953.12 4,715.83 28.48
2013-09-30 3,820.61 4,441.82 91.51
2013-06-30 3,643.34 4,442.80 220.41
  • Continental Resources's level of debt (74.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (119.6% vs 74.9% today).
  • Debt is well covered by operating cash flow (58.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.7x coverage).
X
Financial health checks
We assess Continental Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Continental Resources has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

C5L Dividends

 What is Continental Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Continental Resources dividends. Estimated to be 1.07% next year.
If you bought €2,000 of Continental Resources shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Continental Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Continental Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:C5L Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 20 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 8.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.6%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 4.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:C5L Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31 0.00 1.00
2022-12-31 0.12 5.00
2021-12-31 0.13 6.00
2020-12-31 0.16 7.00
2020-04-08
DB:C5L Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-04-07 0.000 0.000
2020-01-27 0.200 1.474
2019-06-03 0.200 0.609

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Continental Resources has not reported any payouts.
  • Unable to verify if Continental Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Continental Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Continental Resources has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.8x coverage).
X
Income/ dividend checks
We assess Continental Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Continental Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Continental Resources has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

C5L Management

 What is the CEO of Continental Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bill Berry
COMPENSATION $100,188
AGE 66
TENURE AS CEO 0.3 years
CEO Bio

Mr. William B. Berry, also known as Bill, B.Sc., M.Sc., serves as Chief Executive Officer and Director at Continental Resources, Inc. since January 01, 2020. He serves as Executive Vice President of Exploration & Production at ConocoPhillips Alaska, Inc. Mr. Berry served as Executive Vice President of Exploration and Production at ConocoPhillips from January 1, 2003 to January 1, 2008. He is a retired oil and gas executive with over years of industry experience. He retirement on January 1, 2008, after a 32-year career with conocophillips and its predecessor, phillips Petroleum Company. He began his career at Phillips Petroleum Company in 1976 in Houston. He also held other senior executive positions with Phillips Petroleum Co., including Senior Vice President of Exploration and Production. He served as Manager for International Exploration and Production in China in 1992 and since 1995, he served as China Country Manager, Worldwide Drilling and Production. He served as the President of ConocoPhillips' Asia Pacific operations until 2002. He served as Phillips' Senior Vice President of Exploration and Production of Eurasia-Middle East operations from 2001 to August 2002 and Phillips' Vice President of Exploration and Production of Eurasia Operations since 1998. He served as Vice President of International Exploration and Production, New Ventures since 1997. He retired from Conocophillips in 2008. He was recognized by the Government of China as one of the 31 Outstanding Foreign Experts in 1996. He has been a Director of Oceaneering International, Inc., since June 15, 2016. Mr. Berry had been an Independent Director of Continental Resources, Inc. since May 2014 until January 01, 2020 and served as its Lead Director since May 19, 2016 until May 18, 2017. He has been an Honorary Consul to the Embassy of the Republic of Kazakhstan since March 2010. He has been a Supervisory Director of Frank's International N.V. since January 23, 2015 and has been its Lead Director since September 26, 2017. He served as a Director at Nexen Energy ULC from December 2008 to June 2013. He served as a Director of WPZ GP LLC from June 15, 2013 to July 1, 2014. He served as a Director of Chesapeake Midstream Gp Llc. He served as a Director at Access Midstream Partners GP, L.L.C. from June 15, 2013 to June 2014 and Teekay Corporation from June 2011 to December 9, 2015. He served as an Independent Director of Willbros Group Inc. from February 2008 to May 20, 2014. He served as a Director of Beijing International School from 1996 to 1997 and serves on the Dean's Development Council at Mississippi State University. He serves on the Asia Society Texas Board, a regional center for the national Asia Society institution and the University of Oklahoma's College of Engineering Board of Visitors. Mr. Berry holds a BS degree in Petroleum Engineering in 1974 and an MS in Petroleum Engineering in 1976 both from Mississippi State University, where he also serves on the Dean’s Advisory Council and the Foundation Board.

CEO Compensation
  • Bill's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Bill's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Continental Resources management team in years:

4.1
Average Tenure
63.5
Average Age
  • The tenure for the Continental Resources management team is about average.
Management Team

Harold Hamm

TITLE
Founder & Executive Chairman
COMPENSATION
$13M
AGE
73

Bill Berry

TITLE
CEO & Director
COMPENSATION
$100K
AGE
66
TENURE
0.3 yrs

Jack Stark

TITLE
President & COO
COMPENSATION
$6M
AGE
64
TENURE
5.6 yrs

John Hart

TITLE
Senior VP
COMPENSATION
$4M
AGE
51
TENURE
14.4 yrs

Eric Eissenstat

TITLE
Senior VP
COMPENSATION
$3M
AGE
61
TENURE
8.7 yrs

Pat Bent

TITLE
Senior Vice President of Operations
COMPENSATION
$3M
AGE
63
TENURE
0.3 yrs

Claude Seaman

TITLE
VP & Chief Accounting Officer

Diane Montgomery

TITLE
Vice President of Corporate Finance & Treasury

Joe Davis

TITLE
VP & Chief Information Officer
TENURE
4.1 yrs

Rory Sabino

TITLE
Vice President of Investor Relations
TENURE
2.1 yrs
Board of Directors Tenure

Average tenure and age of the Continental Resources board of directors in years:

4.4
Average Tenure
66
Average Age
  • The tenure for the Continental Resources board of directors is about average.
Board of Directors

Harold Hamm

TITLE
Founder & Executive Chairman
COMPENSATION
$13M
AGE
73

Bill Berry

TITLE
CEO & Director
COMPENSATION
$100K
AGE
66
TENURE
5.9 yrs

Shelly Lambertz

TITLE
Chief Culture Office
COMPENSATION
$1M
AGE
52
TENURE
1.9 yrs

Mark Monroe

TITLE
Lead Director
COMPENSATION
$100K
AGE
64
TENURE
2.9 yrs

Lon McCain

TITLE
Independent Director
COMPENSATION
$97K
AGE
71
TENURE
14.2 yrs

John McNabb

TITLE
Independent Director
COMPENSATION
$95K
AGE
74
TENURE
9.9 yrs

Tim Taylor

TITLE
Independent Director
COMPENSATION
$131K
AGE
65
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Continental Resources individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
24. Mar 20 Buy Shelly Lambertz Individual 20. Mar 20 23. Mar 20 108,771 €8.15 €886,029
24. Mar 20 Buy John McNabb Individual 20. Mar 20 23. Mar 20 3,000 €8.68 €25,081
17. Mar 20 Buy Steven Owen Individual 13. Mar 20 13. Mar 20 12,500 €7.25 €90,633
13. Mar 20 Buy William Berry Individual 11. Mar 20 11. Mar 20 110,000 €7.67 €843,778
12. Mar 20 Buy Timothy Taylor Individual 10. Mar 20 10. Mar 20 13,386 €6.71 €89,856
03. Mar 20 Buy John Hart Individual 28. Feb 20 03. Mar 20 16,200 €15.60 €246,849
03. Mar 20 Buy William Berry Individual 28. Feb 20 28. Feb 20 90,000 €17.23 €1,504,329
23. Dec 19 Sell Jack Stark Individual 23. Dec 19 23. Dec 19 -20,500 €30.87 €-632,895
23. Dec 19 Sell Eric Eissenstat Individual 23. Dec 19 23. Dec 19 -12,500 €30.81 €-385,098
19. Dec 19 Sell Harold Hamm Individual 17. Dec 19 19. Dec 19 -1,779,496 €30.72 €-54,196,103
10. Jun 19 Buy Harold Hamm Individual 06. Jun 19 06. Jun 19 38,600 €34.32 €1,324,777
07. Jun 19 Buy John McNabb Individual 05. Jun 19 05. Jun 19 1,000 €35.46 €35,457
20. May 19 Buy Transwestern Transports Llc Company 16. May 19 16. May 19 28,000 €38.22 €1,070,091
20. May 19 Buy Harold Hamm Individual 16. May 19 16. May 19 65,000 €38.22 €2,484,204
X
Management checks
We assess Continental Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Continental Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

C5L News

Simply Wall St News

C5L Company Info

Description

Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties primarily 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, 2019, its proved reserves were 1,619 million barrels of crude oil equivalent (MMBoe) with estimated proved developed reserves of 707 MMBoe. Continental Resources, Inc. was founded in 1967 and is based in Oklahoma City, Oklahoma.

Details
Name: Continental Resources, Inc.
C5L
Exchange: DB
Founded: 1967
$3,537,175,741
368,079,292
Website: http://www.clr.com
Address: Continental Resources, Inc.
20 North Broadway,
Oklahoma City,
Oklahoma, 73102,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE CLR Voting Common Shares New York Stock Exchange US USD 15. May 2007
DB C5L Voting Common Shares Deutsche Boerse AG DE EUR 15. May 2007
BRSE C5LCHF Voting Common Shares Berne Stock Exchange CH CHF 15. May 2007
BMV CLR * Voting Common Shares Bolsa Mexicana de Valores MX MXN 15. May 2007
Number of employees
Current staff
Staff numbers
1,260
Continental Resources employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 22:35
End of day share price update: 2020/04/08 00:00
Last estimates confirmation: 2020/04/08
Last earnings filing: 2020/02/26
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.