Mark Monroe - Continental Resources Lead Independent Director

CLRDelisted Stock  USD 74.27  0.00  0.00%   

Director

Mr. Mark E. Monroe is Lead Independent Director of the Company. His second term will start after the Annual Meeting and continue through the 2019 Annual Meeting. Mr. Monroe also serves as Chairman of our Audit Committee. Mr. Monroe was our President and Chief Operating Officer from October 2005 until October 31, 2008. He was Chief Executive Officer and President of Louis Dreyfus Natural Gas Corporationration prior to its merger with Dominion Resources, Inc. in October 2001. After the merger, Mr. Monroe was a consultant and served as a member of the board of directors of Unit Corporationrationration, a NYSE publicly traded onshore drilling and oil and gas exploration and production company from October 2003 through October 2005. He currently serves on the board of directors of the Oklahoma Independent Petroleum Association. He served on the board of directors of Rose Rock Midstream GP, LLC, the general partner of Rose Rock Midstream, L.P., from December 2011 to April 1, 2016. He has served as Chairman of the Oklahoma Independent Petroleum Association, served on the Domestic Petroleum Council and the National Petroleum Council, and on the boards of directors of the Independent Petroleum Association of America, the Oklahoma Energy Explorers, and the Petroleum Club of Oklahoma City since 2020.
Age 65
Tenure 4 years
Phone902 443-7797
Webwww.clearwater.ca
Monroe is a Certified Public Accountant and received his B.A. in business administration from the University of Texas at Austin.

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.

Similar Executives

Showing other executives

DIRECTOR Age

Robert BradwayNorfolk Southern
54
Frederick StrattonWeyco Group
78
JeanGuy MartinAcademy Sports OutdoorsInc
N/A
Jeffrey WardSaia Inc
59
Thomas BellNorfolk Southern
71
Andrew BocconeUnited Guardian
72
Martin NesbittNorfolk Southern
55
Robert FeitlerWeyco Group
86
DiAnn EisnorSaia Inc
45
Lawrence MaiettaUnited Guardian
60
Jennifer ScanlonNorfolk Southern
54
Loudon OwenAcademy Sports OutdoorsInc
N/A
Amy MilesNorfolk Southern
54
Randolph MelvilleSaia Inc
59
Linda FrenchSaia Inc
67
John HuffardNorfolk Southern
53
Bjorn OlssonSaia Inc
73
Daniel CarpNorfolk Southern
70
Tina ChangWeyco Group
45
Emmanuel DelayUnited Guardian
N/A
Vincent YannUnited Guardian
N/A
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

  0.72TLK Telkom Indonesia Tbk Financial Report 26th of April 2024 PairCorr
  0.67BA Boeing Earnings Call This WeekPairCorr
  0.54TLKMF Telkom Indonesia TbkPairCorr
  0.43INTC Intel Earnings Call This WeekPairCorr
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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Bonds Directory
Find actively traded corporate debentures issued by US companies
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Commodity Directory
Find actively traded commodities issued by global exchanges
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance