Click to edit Master title style Investor Update July 2022 NYSE: CLR PROPERTY PROPERTY OF CONTINENTAL OF CONTINENTAL RESOURCES, RESOURCES, INC. REPRODUCTION INC. REPRODUCTION AND DISTRIBUTION AND DISTRIBUTION WITH WRITTEN…
Click to Disciplined Financially edit Master withtitle style Premier Assets CLRs Competitive Advantage CLRs Four World Class Basins Delivering Strong Returns Projecting 7th Consecutive Year (1) of Positive FCF in 2022 Bakken 1…
ClickDelivered 2Q22: to edit Strong Master title Results style Cash Flow from Operations (CFO) 1.74 B 3rd Consecutive Record Quarter (1) FCF 1.23 B 7th Consecutive Record Quarter (2) Cash Dividend Paid in 2Q22 100 MM 1.7%…
Click toVarious Updating edit Master title style 2022 Guidance Metrics & Differentials 2022 Projections & Differentials Previous Current Maintaining Capital Program 2.6 to 2.7 B 2.6 to 2.7 B (1) ROCE 31% 32% (2) FCF 4.3 to 4.7 B…
Click to Cash Significant edit Flow Master title for Available style Balance Sheet Enhancement 6.30 B Total Debt at 6/30/22 6/30/22 Liquidity ( MM) Revolving Credit Facility 0 (1) 5.75 B Net Debt at 6/30/22 (1.06 B Reduction Since…
Click to edit Exceptional ESG Master title&style Performance Leadership 2022 ESG Focus Areas 2021 ESG Report Available by July 31st at www.CLR.com Methane Intensity Reduced by 44% (2021 vs. 2017) Focused on Basin Leading Gas…
Click to Information Contact edit Master title style Rory Sabino Vice President, Investor Relations Phone: 405-234-9620 Email: Rory.SabinoCLR.com Lucy Spaay Investor Relations Analyst Phone: 405-774-5878 Email: Lucy.SpaayCLR.com…
Click to edit Master title style REFERENCE MATERIALS PROPERTY OF CONTINENTAL RESOURCES, INC. REPRODUCTION AND DISTRIBUTION WITH WRITTEN PERMISSION ONLY 9
ClickCash Free to edit FlowMaster title styleTo GAAP Reconciliation Our presentation of free cash flow is a non-GAAP measure. We define free cash flow as cash flows from operations before changes in working capital items, less capital…
Click Net to edit Debt Master titleTostyle Reconciliation GAAP Net debt is a non-GAAP measure. We define net debt as total debt less cash and cash equivalents as determined under U.S. GAAP. Net debt should not be considered an…
Click to edit EBITDAX Master titleTostyle Reconciliation GAAP We use a variety of financial and operational measures to assess our performance. Among these measures is EBITDAX, a non-GAAP measure. We define EBITDAX as earnings before…
Click to edit EBITDAX Master titleTostyle Reconciliation GAAP The following tables provide reconciliations of our net income and net cash provided by operating activities to EBITDAX for the periods presented: Three months ended June…
Click to edit Adjusted Master Earnings title style To GAAP Reconciliation Our presentation of adjusted earnings and adjusted earnings per share that exclude the effect of certain items are non-GAAP financial measures. Adjusted earnings…
Click Net to edit Sales Master Prices title style To GAAP Reconciliation Revenues and transportation expenses associated with production from our operated properties are reported separately. For non-operated properties, we receive a…
Click G&A Cash to edit Master title To Reconciliation style GAAP Our presentation of cash general and administrative (G&A) expenses per Boe is a non-GAAP measure. We define cash G&A per Boe as total G&A determined in accordance with…