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Seaport Global Securities downgraded Continental Resources, Inc. (NYSE:CLR) to Sell in a report released today.

Yesterday Continental Resources, Inc. (NYSE:CLR) traded -0.39% lower at $30.98. The company’s 50-day moving average is $33.74 and its 200-day moving average is $37.97. The last closing price is down -4.79% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 2,158,026 shares of the stock were exchanged, down from an average trading volume of 3,365,570

Seaport Global Securities has downgraded Continental Resources, Inc. (NYSE:CLR) to Sell in a report released on 6/21/2017.

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Continental Resources, Inc. (NYSE:CLR)

Continental Resources, Inc. has a 52 week low of $29.08 and a 52 week high of $60.30 The company’s market cap is currently $0.

In addition to Seaport Global Securities reporting its target price, a total of 34 brokers have issued a report on the stock. The consensus target price is $46.15 with 9 brokers rating the stock a strong buy, 13 brokers rating the stock a buy, 11 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

General Information About Continental Resources, Inc. (NYSE:CLR)

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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