Continental Resources (NYSE: CLR) is one of 246 public companies in the “Oil & Gas Exploration and Production” industry, but how does it compare to its competitors? We will compare Continental Resources to similar companies based on the strength of its earnings, profitability, risk, institutional ownership, analyst recommendations, valuation and dividends.
Volatility and Risk
Continental Resources has a beta of 1.41, suggesting that its share price is 41% more volatile than the S&P 500. Comparatively, Continental Resources’ competitors have a beta of 1.42, suggesting that their average share price is 42% more volatile than the S&P 500.
This table compares Continental Resources and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Continental Resources Competitors||-437.45%||-2.62%||0.95%|
Valuation & Earnings
This table compares Continental Resources and its competitors top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Continental Resources||$2.37 billion||$1.75 billion||-94.10|
|Continental Resources Competitors||$1.40 billion||$602.68 million||21.62|
Continental Resources has higher revenue and earnings than its competitors. Continental Resources is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This is a breakdown of recent recommendations for Continental Resources and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Continental Resources Competitors||1434||7419||12022||255||2.53|
Continental Resources currently has a consensus price target of $46.03, indicating a potential upside of 22.28%. As a group, “Oil & Gas Exploration and Production” companies have a potential upside of 36.29%. Given Continental Resources’ competitors higher possible upside, analysts clearly believe Continental Resources has less favorable growth aspects than its competitors.
Insider & Institutional Ownership
23.4% of Continental Resources shares are owned by institutional investors. Comparatively, 62.0% of shares of all “Oil & Gas Exploration and Production” companies are owned by institutional investors. 76.9% of Continental Resources shares are owned by company insiders. Comparatively, 11.9% of shares of all “Oil & Gas Exploration and Production” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Continental Resources beats its competitors on 7 of the 12 factors compared.
About Continental Resources
Continental Resources, Inc. is a crude oil and natural gas company with properties in the North, South and East regions of the United States. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units. The South region includes properties south of Nebraska and west of the Mississippi River including various plays in the South Central Oklahoma Oil Province (SCOOP), Sooner Trend Anadarko Canadian Kingfisher (STACK), and Arkoma Woodford areas of Oklahoma. The East region is consists of undeveloped leasehold acreage east of the Mississippi River with no drilling or production operations. As of December 31, 2016, its estimated proved reserves were 1,275 million barrels of oil equivalent (MMBoe), with estimated proved developed reserves of 519 MMBoe. As of December 31, 2016, its average daily production from South region properties was 91,088 barrels of oil equivalent (Boe) per day.
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