Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Continental Resources (NYSE: CLR) hit a new 52-week high Thursday as it is currently trading at $91.96, above its previous 52-week high of $91.89 with 230,578 shares traded as of 11:46 a.m. ET. Average volume has been one million shares over the past 30 days. Continental has a market cap of $16.9 billion and is part of the basic materials sector and energy industry. Shares are up 22.8% year to date as of the close of trading on Wednesday. Continental Resources, Inc. engages in the exploration, development, and production of crude oil and natural gas primarily in the United States. The company has a P/E ratio of 22.4, above the S&P 500 P/E ratio of 17.7.
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