Continental Resources, Inc (CLR) Files Form 4 Insider Selling : Steven K Owen Sells 3,200 Shares

Continental Resources, Inc (CLR): Steven K Owen , SVP, Land of Continental Resources, Inc sold 3,200 shares on Sep 21, 2016. The Insider selling transaction was reported by the company on Sep 23, 2016 to the Securities and Exchange Commission. The shares were sold at $46.54 per share for a total value of $148,918.08 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 23, 2016, John D Hart (Sr. VP & CFO) sold 4,000 shares at $46.84 per share price.On Sep 1, 2016, Gary E Gould (SVP, Prod. & Res. Dev.) sold 5,000 shares at $50.25 per share price.Also, On Aug 30, 2016, Jack H Stark (President & COO) sold 12,000 shares at $49.24 per share price.On Aug 16, 2016, John T Ii Mcnabb (director) sold 5,000 shares at $44.39 per share price.

Continental Resources: On Thursday, Sep 22, 2016 heightened volatility was witnessed in Continental Resources which led to swings in the share price. The shares opened for trading at $48.26 and hit $48.68 on the upside , eventually ending the session at $47.8, with a gain of 0.99% or 0.47 points. The heightened volatility saw the trading volume jump to 19,75,909 shares. The 52-week high of the share price is $51.99 and the company has a market cap of $17,904 M . The 52-week low of the share price is at $13.94.

Continental Resources Money Flow Index Chart

Company has been under the radar of several Street Analysts.Continental Resources is Reiterated by Wunderlich to Buy and the brokerage firm has raised the Price Target to $ 59 from a previous price target of $50 .The Rating was issued on Aug 19, 2016.Continental Resources is Initiated by Wells Fargo to Outperform. The Rating was issued on Aug 16, 2016.Continental Resources is Reiterated by RBC Capital Mkts to Outperform and the brokerage firm has raised the Price Target to $ 51 from a previous price target of $48 .The Rating was issued on Aug 5, 2016.Continental Resources is Upgraded by SunTrust to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Aug 1, 2016.Continental Resources is Downgraded by KLR Group to Accumulate and the brokerage firm has raised the Price Target to $ 54 from a previous price target of $48 .Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jul 18, 2016.

Continental Resources Inc. is an independent crude oil and natural gas exploration and production company. The Company owns properties in the North South and East regions of the United States. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken Montana Bakken and the Red River units. The Bakken field of North Dakota and Montana is a crude oil resource play. The South region includes Kansas and all properties south of Kansas and west of the Mississippi River including various plays in the South Central Oklahoma Oil Province (SCOOP) Northwest Cana and Arkoma areas of Oklahoma. The East region comprises undeveloped leasehold acreage east of the Mississippi River.

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