Shares of Continental Resources Inc. (NYSE:CLR) traded today at $68.72, eclipsing its 52-week high. So far today approximately 732,000 shares have been exchanged, as compared to an average 30-day volume of 1.5 million shares.
In the past 52 weeks, Continental Resources Inc. share prices are bracketed by a low of $30.90 and a high of $68.72 and is now at $68.66, 122% above that low price.
Continental Resources Inc. (NYSE:CLR) is currently priced 20.3% above its average consensus analyst price target of $54.72.
Continental Resources is a U.S. oil and gas producer targeting in the Bakken Shale in North Dakota, the Delaware Basin in Texas, and the Scoop/Stack plays in Oklahoma. At the end of 2021, the company reported net proven reserves of 1.6 billion barrels of oil equivalent. Net production averaged 330 thousand barrels of oil equivalent per day in 2020, at a ratio of 49% oil and 51% natural gas and NGLs.
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