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Continental Resources Inc (CLR.N)

CLR.N on New York Stock Exchange

44.04USD
21 Feb 2019
Change (% chg)

$-0.96 (-2.13%)
Prev Close
$45.00
Open
$44.88
Day's High
$45.11
Day's Low
$43.78
Volume
446,013
Avg. Vol
486,807
52-wk High
$71.95
52-wk Low
$35.57

Latest Key Developments (Source: Significant Developments)

Continental Resources Reports Full-Year 2018 And 4Q18 Results
Tuesday, 19 Feb 2019 

Feb 18 (Reuters) - Continental Resources Inc ::CONTINENTAL RESOURCES REPORTS FULL-YEAR 2018 AND 4Q18 RESULTS.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.54.Q4 EARNINGS PER SHARE $0.53.Q4 EARNINGS PER SHARE ESTIMATE $0.61 -- REFINITIV IBES DATA.324,001 BOEPD AVERAGE DAILY 4Q18 PRODUCTION.186,934 BOPD AVERAGE DAILY 4Q18 OIL PRODUCTION.COMPANY'S 2019 GUIDANCE REMAINS AS ANNOUNCED ON FEBRUARY 13, 2019.OVER NEXT 5 YRS, TARGETING AN AVERAGE 12.5% COMPOUND ANNUAL PRODUCTION GROWTH RATE FROM EXISTING INVENTORY.TARGETING AN AVERAGE ANNUAL FREE CASH FLOW OF $500 MILLION PER YEAR AT $60 PER BARREL WTI OVER NEXT 5 YEARS.  Full Article

Continental Resources Reports 186,934 BOPD Average Daily 4Q18 Oil Production
Thursday, 14 Feb 2019 

Feb 13 (Reuters) - Continental Resources Inc ::CONTINENTAL RESOURCES ANNOUNCES 2018 AND 4Q18 PRODUCTION, YEAR-END 2018 PROVED RESERVES AND 2019 CAPITAL BUDGET AND GUIDANCE.186,934 BOPD AVERAGE DAILY 4Q18 OIL PRODUCTION; UP 14% OVER 3Q18.SEES $2.6 BILLION CAPITAL EXPENDITURES IN 2019.324,001 BOEPD AVERAGE DAILY 4Q18 PRODUCTION; UP 9 PCT OVER 3Q18.CONTINENTAL RESOURCES INC SEES ABOUT $3 BILLION OF CASH FLOW FROM OPERATIONS AND ESTIMATED $500 TO $600 MILLION OF FCF (NON-GAAP) IN 2019.2019 CRUDE OIL PRODUCTION IS PROJECTED TO GROW 13% TO 19% AND TO RANGE BETWEEN 190,000 TO 200,000 BARRELS OF OIL (BO) PER DAY.PLANS TO OPERATE AN AVERAGE OF 25 DRILLING RIGS DURING 2019.CONTINENTAL RESOURCES INC SEES 1 PCT TO 4 PCT YEAR-OVER-YEAR NATURAL GAS PRODUCTION GROWTH TO 790,000 TO 810,000 MCFPD IN 2019.2019 ANNUAL CRUDE OIL VOLUMETRIC GROWTH IS PROJECTED TO BE SPLIT APPROXIMATELY EQUALLY BETWEEN COMPANY'S NORTH, SOUTH ASSETS.IN BAKKEN, COMPANY PLANS TO OPERATE AN AVERAGE OF 6 DRILLING RIGS DURING 2019.  Full Article

Continental Resources Q3 Adjusted Earnings Per Share $0.90
Tuesday, 30 Oct 2018 

Oct 29 (Reuters) - Continental Resources Inc ::CONTINENTAL RESOURCES REPORTS THIRD QUARTER 2018 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.90.Q3 EARNINGS PER SHARE $0.84.Q3 EARNINGS PER SHARE VIEW $0.82 -- THOMSON REUTERS I/B/E/S.Q3 2018 PRODUCTION TOTALED 27.3 MILLION BARRELS OF OIL EQUIVALENT (BOE), OR 296,904 BOE PER DAY, UP 22% FROM Q3 2017.  Full Article

Tallgrass Energy Partners Announces Continental Resources Contract Extension
Friday, 29 Dec 2017 

Dec 28 (Reuters) - Tallgrass Energy Partners Lp ::TALLGRASS ENERGY PARTNERS ANNOUNCES CONTINENTAL RESOURCES CONTRACT EXTENSION.TALLGRASS ENERGY - ‍ CONTINENTAL RESOURCES​ EXERCISED CONTRACTUAL RIGHT TO EXTEND ITS THROUGHPUT AND DEFICIENCY AGREEMENTS THROUGH OCT. 31, 2024.  Full Article

Continental Resources- Pricing Of Its Private Placement Of $1 Billion New 4 3/8% Senior Unsecured Notes
Tuesday, 5 Dec 2017 

Dec 4 (Reuters) - Continental Resources Inc ::CONTINENTAL RESOURCES ANNOUNCES PRICING OF $1 BILLION OFFERING OF NEW SENIOR NOTES DUE 2028.CONTINENTAL RESOURCES INC - PRICING OF ITS PRIVATE PLACEMENT OF $1 BILLION OF NEW 4 3/8% SENIOR UNSECURED NOTES DUE 2028.CONTINENTAL RESOURCES INC - NOTES WERE SOLD AT PAR.  Full Article

Continental Resources Announces Private Offering Of New Senior Notes Due 2028
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Continental Resources Inc ::CONTINENTAL RESOURCES ANNOUNCES PRIVATE OFFERING OF NEW SENIOR NOTES DUE 2028.CONTINENTAL RESOURCES - TO USE PROCEEDS TO REPAY IN FULL,TERMINATE $500 MILLION TERM LOAN, REPAY A PORTION OF BORROWINGS OUTSTANDING UNDER CURRENT FACILITY​.  Full Article

Continental Resources reports Q3 earnings per share $0.03
Wednesday, 8 Nov 2017 

Nov 7 (Reuters) - Continental Resources Inc ::Continental Resources reports third quarter 2017 results.Q3 adjusted earnings per share $0.09.Q3 earnings per share view $0.04 -- Thomson Reuters I/B/E/S.Q3 earnings per share $0.03.  Full Article

Continental Resources reports sale of 1 mln barrels of Bakken oil for export to China
Wednesday, 18 Oct 2017 

Oct 17 (Reuters) - Continental Resources Inc :Press release - Continental Resources reports sale of 1 million barrels of Bakken oil for export to China.Continental Resources Inc - ‍daily sales transactions of 33,500 barrels per day in November will take place in Cushing, Oklahoma​.  Full Article

UPDATE 1-Continental expects oilfield service costs to remain low in 2019

HOUSTON, Jan 29 U.S. shale producer Continental Resources expects oilfield services costs to remain low in 2019 as companies that provide drilling and completion work continue to face pressure from softer oil prices, executives said during a company presentation on Tuesday.