Continental Resources (CLR) Catches Eye: Stock Jumps 7.1%

Zacks

Continental Resources, Inc. CLR was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company — as the stock is now up 14.8% in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions of five increases and two decreases over the past one month, while the Zacks Consensus Estimate has moved higher in the said time frame. The recent price action is encouraging, so make sure to keep a close watch on this firm in the near future.

Continental Resources currently has a Zacks Rank #1 (Strong Buy), while its Earnings ESP is positive.

Investors interested in the Oil and Gas – Exploration and Production – United States industry may consider Antero Resources Corporation (AR), which has a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

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