Pat Bent - Continental Resources Senior Vice President - Drilling

CLRDelisted Stock  USD 74.27  0.00  0.00%   

President

Mr. Pat Bent is Senior Vice President Drilling of the Company. Prior to this Mr. Bent served as Vice President, Northern Region Drilling and Completions from March 2014 to November 2015. Mr. Bent joined Continental as Vice President, Drilling and served in this capacity from August 2012 to March 2014. From 2006 until he joined Continental in August 2012, Mr. Bent served as the Manager of Implementation for ConocoPhillips San Juan Basin Unit in New Mexico, one of ConocoPhillips largest business units. Mr. Bent has more than 37 years of industry experience in petroleum engineering and operations since 2015.
Age 61
Tenure 9 years
Phone902 443-7797
Webwww.clearwater.ca
Bent earned his B.S. degree in Petroleum Engineering from the University of Wyoming in 1980.

Continental Resources Management Efficiency

The company has Return on Asset of 0.166 % which means that on every $100 spent on assets, it made $0.166 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.4087 %, implying that it generated $0.4087 on every 100 dollars invested. Continental Resources' management efficiency ratios could be used to measure how well Continental Resources manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 6.83 B in debt with debt to equity (D/E) ratio of 0.61, which is OK given its current industry classification. Continental Resources has a current ratio of 1.18, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Debt can assist Continental Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Continental Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Continental Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Continental to invest in growth at high rates of return. When we think about Continental Resources' use of debt, we should always consider it together with cash and equity.

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Continental Resources, Inc. explores for, develops, produces, and manages crude oil, natural gas, and related products primarily in the north, south, and east regions of the United States. The company was founded in 1967 and is headquartered in Oklahoma City, Oklahoma. Continental Resources operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 1254 people. Continental Resources (CLR) is traded on New York Stock Exchange in USA and employs 1,254 people.

Management Performance

Continental Resources Leadership Team

Elected by the shareholders, the Continental Resources' board of directors comprises two types of representatives: Continental Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Continental. The board's role is to monitor Continental Resources' management team and ensure that shareholders' interests are well served. Continental Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Continental Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Claude Seaman, VP Officer
Jack Stark, President, Chief Operating Officer
Ramiro Rangel, Senior Vice President of Marketing and Human Resources
Eric Eissenstat, Senior Vice President Chief Risk Officer, General Counsel, Secretary
Robert Hagens, Senior Vice President - Land
Pat Bent, Senior Vice President - Drilling
William Berry, President, Chief Executive Officer
Jeffrey Hume, Vice Chairman - Strategic Growth Initiatives
Glen Brown, Sr. VP of Exploration
Warren Henry, Vice President - Investor Relations
Jim Webb, Senior Vice President Chief Risk Officer, General Counsel, Company Secretary
Jose Bayardo, Senior Vice President - Business Development
Diane Montgomery, VP Treasury
James Gallogly, Independent Director
John McNabb, Lead Independent Director
David Boren, Independent Director
Robert Lawler, Chief Operating Officer, Executive Vice President
Gary Gould, Sr. VP of Production and Resource Devel.
Rory Sabino, Vice President of Investor Relations and Research
Mark Monroe, Lead Independent Director
Joe Davis, VP Officer
Harold Hamm, Chairman of the Board, Chief Executive Officer
James Webb, Senior Vice President Chief Risk Officer, General Counsel, Company Secretary
Patrick Bent, Senior Vice President - Operations
Harold LLM, Founder Chairman
Timothy Taylor, Independent Director
Ellis McCain, Independent Director
Steven Owen, Senior Vice President - Land
John Hart, Chief Financial Officer, Senior Vice President, Chief Strategy Officer
Shelly Lambertz, Executive Vice President, Chief Culture and Administrative Officer, Director

Continental Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Continental Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Continental Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Continental Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Continental Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Continental Stock

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The ability to find closely correlated positions to Continental Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Continental Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Continental Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Continental Resources to buy it.
The correlation of Continental Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Continental Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Continental Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Continental Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Other Consideration for investing in Continental Stock

If you are still planning to invest in Continental Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Continental Resources' history and understand the potential risks before investing.
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