Operator · Cana - Woodford Shale, SCOOP & Woodford Shale
Continental Resources, Inc.
80 articles mentioning Continental Resources, Inc. · Page 1 of 4
Continental Resources to Acquire 90% Stake in Vaca Muerta Shale Concession
Continental Resources Inc. has agreed to acquire a 90% operating stake in the Los Toldos II Oeste block, a shale concession within Argentina’s Vaca Muerta formation, marking a significant entry by the U.S. independent into the...
Continental Resources Third Quarter 2022 Results
Continental Resources, Inc. announced its third quarter 2022 operating and financial results. The Company reported net income of $1.01 billion, or $2.80 per diluted share, for the quarter ended September 30, 2022. In third quarter 2022,...
Continental Promotes Lawler to President & COO Role
Continental Resources, Inc. announced Doug Lawler is being promoted to President and Chief Operating Officer. Doug joined Continental in February as Chief Operating Officer and Executive Vice President following three decades in the oil and gas...
Continental Resources Second Quarter 2022 Results
Continental Resources, Inc. announced its second quarter 2022 operating and financial results, declared a quarterly dividend, and updated various 2022 guidance metrics and differentials. Highlights: Strong 2Q22 Results $1.74 B Cash Flow from Operations (CFO) &...
Hamm Family Proposes Taking Continental Resources Private for $25B
Continental Resources, Inc. announced that its board of directors has received a non-binding proposal letter from Harold G. Hamm proposing that the Hamm family purchase all outstanding shares of Continental for $70.00 cash per share. The...
2022 Guidance Growth: Several Operators Bolster Capex, Production Outlook
In response to the skyrocketing oil demand and D&C activity seen in 1Q22, several E&Ps have added additional capital to their 2022 budgets. A few E&Ps have also adjusted production guidance expectations or drilling plans, increasing...
Continental Resources First Quarter 2022 Results; Ups 2022 Capex by $350MM
Continental Resources, Inc. announced its first quarter 2022 operating and financial results, increased shareholder return of capital, and enhanced 2022 projections. Highlights: $1.50 B Cash Flow from Operations (CFO) & $1.15 B Free Cash Flow (FCF)...
Continental Resources Unveils 2022 Plans; Boosts Spending 47% YOY
Continental Resources Inc. announced its 2022 capital expenditures budget and operating plan, and its 2022 to 2025 financial projections. 2022 Plans - Capex: $2.3 billion - up 47% vs. 2021 D&C: $1.8 billion Leasehold, Minerals, Facilities,...
Continental Resources Fourth Quarter, Full Year 2021 Results
Continental Resources Inc. announced its full-year 2021 and fourth quarter 2021 operating and financial results. 2021 Highlights: $1.66 B Net Income; $4.56 per Diluted Share ($1.70 B Adj. Net Income; $4.66 per Adj Share (Non-GAAP)) Company...
Continental's President/COO to Retire; Former Chesapeake CEO Lawler Joins Team
Continental Resources, Inc. announced upcoming organizational changes. Jack Stark, the Company's President and Chief Operating Officer, has announced his intention to retire by late Spring 2022. Upon retirement, Jack will transition into a part-time consulting role...
Continental Resources Makes Two Executive Promotions
Continental Resources Inc. announced the promotions of two of the Company's key leaders. Shelly Lambertz has been promoted to Executive Vice President, Chief Culture and Administrative Officer. John Hart has been promoted to Chief Financial Officer...
Pioneer Wraps Up $3.1B Sale of Permian Assets to Continental
Pioneer Natural Resources Co. has completed the previously announced divestiture of its Delaware Basin assets to Continental Resources for cash proceeds of $3.1 billion after normal closing adjustments. Pioneer's fourth quarter and full year guidance assumed...
Continental Resources Third Quarter 2021 Results
Continental Resources, Inc. announced its third quarter 2021 operating and financial results. Highlights: • $369.3 MM Net Income; $1.01 per Diluted Share ($437.2 MM Adjusted Net Income; $1.20 per Adjusted Share (Non-GAAP)) in 3Q21 • $1.0...
Continental's Q3 Production Dips Slightly vs. Q2; Touts Record Free Cash Flow
Continental Resources Inc. announced its third quarter 2021 production results and record free cash flow. Q3 Production Down Slightly vs. Q2 Third quarter 2021 total production averaged approximately 331.4 MBoepd. Third quarter 2021 oil production averaged...
Continental Resources Second Quarter 2021 Results
Continental Resources, Inc. announced its second quarter 2021 operating and financial results. CEO Bill Berry commented: "Continental is delivering strong asset performance in addition to capital and operational efficiency gains that are driving robust cash flow...
Continental Resources General Counsel Retires to Private Sector
Continental Resources Inc. announces Eric S. Eissenstat has elected to retire from his position as Sr. Vice President, General Counsel, Chief Risk Officer and Secretary. He will be returning to a private law practice where his...
Continental Resources First Quarter 2021 Results
Continental Resources, Inc. announced its first quarter 2021 operating and financial results. Highlights: Quarterly Dividend Doubled to $0.11 per Share Payable on May 24, 2021 to Stockholders of Record on May 10, 2021 $260 Million Net...
Continental's Q1 Output Hit by Adverse Weather, Down 6.0 MBOE/d; Debt Update
Continental Resources, Inc. provided an update on its first quarter 2021 production results. Adverse Weather Impacts Production February 2021 weather adversely impacted first quarter 2021 total production by approximately 6 MBoepd (60% oil). First quarter 2021...
Bakken Operator to Drill & Complete 210 Wells in 2021
Continental Resources provided a glimpse into its 2021 development program. Rigs: The program calls for 7 rigs in the Bakken and 4 Rigs in the STACK/SCOOP. Well Program: 210 Gross Operated wells (143 in the North/Bakken)...
Continental IDs 2021 Capex, Plans Production Increase; Talks 2020 Results
Continental Resources, Inc. announced its full-year 2020 and fourth quarter 2020 operating and financial results, as well as its 2021 capital expenditures budget and operating plan. 2021 Plan The company announced that is has struck a...