Continental Resources Is A Strong Pure-Play Oil Stock

Summary

  • Continental Resources is a large pure-play energy company with a market capitalization of more than $20 billion and unique assets.
  • The company is continuing to generate a more than 20% FCF that can be expected to continue growing.
  • Overall, we recommend cautiously investing in Continental Resources and its future shareholder return potential.
  • Looking for higher risk/reward options trading ideas? I offer this and much more at my exclusive investing ideas service, The Retirement Forum. Learn More »

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Continental Resources (CLR) is one of the larger pure-play petroleum companies, with a market capitalization of roughly $25 billion. The company's strong business means it remains near all-time highs in a volatile oil environment and, as we'll see throughout this article, the company

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This article was written by

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The Value Portfolio specializes in building retirement portfolios and utilizes a fact-based research strategy to identify investments. This includes extensive readings of 10Ks, analyst commentary, market reports, and investor presentations. He invests real money in the stocks he recommends.

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of CLR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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