Analysts believe this oil stock could have more fuel left in the tank.
Continental received a non-binding offer from Harold Hamm to take the company private at $70 per share. The Hamm Family currently owns approximately 83% of Continental's stock.
The Hamm Family wants to take Continental Resources private in a $$25 billion deal.
Investors didn't see much of a bounce on Wall Street.
Continental Resources founder Harold Hamm has offered $70 per share in cash to take the energy company private. CNBC's 'Squawk on the Street' team discusses.
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Continental Resources Inc. shares jumped nearly 15% Tuesday after shale pioneer and billionaire Harold Hamm offered to take private the shale oil and gas company he founded for about $4 billion.

Why Continental Resources Stock Is Rising Today

10:40am, Tuesday, 14'th Jun 2022
Continental Resources Inc (NYSE: CLR) shares are trading higher Tuesday after the company announced the receipt of a "take private" proposal from the Hamm family. Harold G.
Continental Resources Inc (NYSE:CLR) is surging today, after the company received a buyout offer from billionaire founder Harold Hamm.
Continental Resources (CLR) stock is rising Monday on news that billionaire Harold Hamm wants to take the oil company private. The post CLR Stock Jumps 14% on Takeover Proposal From Billionaire Harold
Truist Securities analyst Neal Dingmann said Tuesday that the nature of Continental Resources Inc.'s CLR, +14.33% $70-per-share take-private offer from Harold Hamm for the oil and gas company signals
The shale producer said it has not had an opportunity to carefully review and evaluate the offer.
Continental Resources Inc. shares CLR, -8.50% soared 8% in premarket trade Tuesday, after the company said it has received a "take private" proposal from oil and gas entrepreneur Harold G. Hamm and fa
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
We have narrowed our search to five oil stocks that are currently trading near their 52-week highs. These are: MPC, VLO, CTRA, CLR, EPD.
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