Continental Resources (Continental Resources) 6-1 Month Momentum % : 23.79% (As of Apr. 26, 2024)

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What is Continental Resources 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-26), Continental Resources's 6-1 Month Momentum % is 23.79%.

The industry rank for Continental Resources's 6-1 Month Momentum % or its related term are showing as below:

CLR's 6-1 Month Momentum % is not ranked
in the Oil & Gas industry.
Industry Median: 0.31 vs CLR: 23.79

Competitive Comparison of Continental Resources's 6-1 Month Momentum %

For the Oil & Gas E&P subindustry, Continental Resources's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Continental Resources's 6-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Continental Resources's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Continental Resources's 6-1 Month Momentum % falls into.

Continental Resources (NYSE:CLR) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Continental Resources (NYSE:CLR) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Continental Resources 6-1 Month Momentum % Related Terms

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Continental Resources (Continental Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Continental Resources Inc (NYSE:CLR) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 North Broadway, Oklahoma City, OK, USA, 73102

Website

https://www.clr.com

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.

Executives

Timothy Garth Taylor	director	P.O. BOX 268836, OKLAHOMA CITY OK 73102
Robert Hagens	officer: SVP, Land	P.O. BOX 268836, 20 N. BROADWAY, OKLAHOMA CITY OK 73126
James R Webb	officer: SVP, GC & Secretary	20 N. BROADWAY, OKLAHOMA CITY OK 73102
Robert D. Lawler	officer: President & COO	6100 N WESTERN AVE, OKLAHOMA CITY OK 73118
Mcnabb John T Ii	director	17 EASTWOOD ROAD, ASHEVILLE NC 28803
Ellis L Mccain	director	C/O CONTANGO OIL & GAS COMPANY, 717 TEXAS AVENUE, SUITE 2900, HOUSTON TX 77002
Mark E Monroe	director	7130 S LEWIS 10TH FL, TULSA OK 74136
John D Hart	director, officer: CFO, EVP of Strategic Planning	20 NORTH BROADWAY, OKLAHOMA CITY OK 73102
William B Berry	director, officer: Chief Executive Officer	C/O WILBROS USA, INC., 4400 POST OAK PARKWAY, STE. 1000, HOUSTON TX 77027
Jeff B Hume	officer: Vice Chairman of SGI	20 NORTH BROADWAY, OKLAHOMA CITY OK 73102
Jack H Stark	director, officer: Sr. V.P. Exploration	20 NORTH BROADWAY, OKLAHOMA CITY OK 73102
Harold Hamm	director, 10 percent owner, officer: CEO & Chairman	20 N. BROADWAY, SUITE 1410, OKLAHOMA CITY OK 73102
Harold Thomas Hamm	director, 10 percent owner, other: Member of 10% owner group (5)	P.O. BOX 1295, OKLAHOMA CITY OK 73701
Shelly Lambertz	director, 10 percent owner	PO BOX 268836, OKLAHOMA CITY OK 73126
Jane Hamm 2005 Irrevocable Trust	10 percent owner, other: Member of 10% owner group(2)	P.O. BOX 1295, OKLAHOMA CITY OK 73101-1295