|Bid||12.27 x 800|
|Ask||0.00 x 1800|
|Day's range||12.55 - 13.87|
|52-week range||6.90 - 36.20|
|Beta (5Y monthly)||3.42|
|PE ratio (TTM)||N/A|
|Earnings date||28 Oct 2020 - 02 Nov 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||06 Feb 2020|
|1y target est||19.32|
The news that Saudi Arabia is cutting the price at which it sells oil for October delivery sent Brent crude prices down 5% in Tuesday trading, and WTI off by more than 7%. U.S. and Canadian oil stocks predictably took it on the chin, and at the close on Tuesday, shares of Suncor Energy (NYSE: SU), Continental Resources (NYSE: CLR), and Occidental Petroleum (NYSE: OXY) were all down nearly 10%. Continental, with a $5.3 billion market capitalization, is the most cash-poor of the three, with less than $7 million in the bank, but $5.8 billion in debt -- more than its own market cap.
Continental Resources (CLR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Continental Resources (CLR) expects to generate $500 million in free cash flow for the second half of 2020.