In the last 3 months, 12 ranked analysts set 12-month price targets for CLR. The average price target among the analysts is $50.09. Analysts' price targets range from $40 to $68.
My valuation is $63.50.
Since the company reported Q3 results, First Call estimates for Revenue, EPS and CFPS have moved very close to my forecast/valuation model.
My forecast/valuation models are based on WTI oil at $50/bbl and Henry Hub gas at $3.00/MMBtu for all future periods.
Continental Resources (CLR)
Continental Resources (CLR)
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group