1. Project SpringBoard Conference Call on Tuesday, January 29, 2019 at 12:00 p.m. ET 2. 2019 Projected Capital Budget/Guidance Release on Wednesday, February 13, 2019 after Market Close 3. 4Q18 & Full-Year 2018 Earnings Release on Monday, February 18, 2019 after Market Close; Earnings Conference Call Scheduled for Tuesday, February 19, 2019 at 12:00 p.m. ET Continental Resources Inc. announces the following upcoming [...]
$314.2 Million in Net Income, or $0.84 per Diluted Share - $337.0 Million Adjusted Net Income, or $0.90 per Diluted Share $215 Million in Proceeds Received in October from Minerals Venture Closing 296,900 Boepd Average Daily 3Q18 Production; Beats 3Q18 Guidance & Consensus - 164,605 Bopd Average Daily 3Q18 Oil Production; up 5% over 2Q18 and up 17% over 3Q17 - Oil as Percent of Production Rising: Approximately 57% in [...]
Earnings Conference Call Scheduled for Tuesday, October 30, 2018 at 12:00 p.m. ET Continental Resources Inc. plans to announce third quarter 2018 results on Monday, October 29, 2018 following the close of trading on the New York Stock Exchange. The Company plans to host a conference call to discuss third quarter 2018 results on Tuesday, October 30, 2018 at 12:00 p.m. ET . Those wishing to listen to the conference call may [...]
$242.5 Million in Net Income, or $0.65 per Diluted Share - $272.9 Million Adjusted Net Income, or $0.73 per Diluted Share $800 - $900 Million Annual Free Cash Flow Target Maintained 2018 Annual Production Guidance Raised to 290,000 to 300,000 Boe per day - 20% to 24% Year-over-Year Growth 2018 Exit Rate Guidance Increased to 315,000 to 325,000 Boe per Day - Up 10,000 Boe per Day from Prior Guidance 2018 Capital [...]
OKLAHOMA CITY, Aug. 6, 2018 /PRNewswire/ -- Continental Resources Inc. today announced that Franco-Nevada has agreed to pay approximately $220 million for a stake in a newly-formed minerals subsidiary. In accordance with the deal terms, the Company will receive the proceeds at closing, offsetting the majority of previously incurred capital expenditures. The amount to be received by the Company at closing is subject to [...]
Continental Resources Second quarter 2018 production totaled 25.8 million barrels of oil equivalent, or 284,059 Boe per day, with average daily oil production of 157,000 barrels of oil per day, which increased 25% from second quarter 2017. Second quarter production would have been just above 289,000 Boe per day except for abnormally wet weather in the Bakken and the voluntary curtailment of Midcontinent production to gain [...]
OKLAHOMA CITY, July 12, 2018 /PRNewswire/ -- Continental Resources Inc. announced today that it will redeem $400 million in aggregate principal amount, representing approximately 20% of the $2.0 billion in aggregate principal amount currently outstanding, of its 5% Senior Notes due 2022 on August 16, 2018, the redemption date for the Notes. Logo - http://photos.prnewswire.com/prnh/20120327/DA76602LOGO The redemption price [...]
Earnings Conference Call Scheduled for Wednesday, August 8, 2018 at 12:00 p.m. ET OKLAHOMA CITY, July 10, 2018 /PRNewswire/ -- Continental Resources Inc. plans to announce second quarter 2018 results on Tuesday, August 7, 2018 following the close of trading on the New York Stock Exchange. The Company plans to host a conference call to discuss second quarter 2018 results on Wednesday, August 8, 2018 at 12:00 p.m. ET [...]
OKLAHOMA CITY, May 17, 2018 /PRNewswire/ -- Continental Resources Inc. today announced the Continental Board of Directors elected Shelly Lambertz to the Board as a Class II Director, effective immediately following the conclusion of the 2018 Annual Meeting of Shareholders. Ms. Lambertz replaces James L. Gallogly, who submitted his resignation effective at the end of the 2018 Annual Meeting of Shareholders, to be able to [...]
$233.9 Million in Net Income or $0.63 per Diluted Share - $255.1 Million Adjusted Net Income or $0.68 per Diluted Share 287,410 Boe per Day Avg. Production, up 34% over 1Q17, Midpoint of Guidance - Oil Production up 37% over 1Q17 - Production Would Have Exceeded Guidance without 5,000 Boe per Day Weather Impact $886 Million in Cash Flow from Operations - $207 Million in Free Cash Flow Used for Debt Reduction and Cash [...]
OKLAHOMA CITY, April 26, 2018 /PRNewswire/ -- Continental Resources Inc. today announced the execution of a firm transportation agreement on Enable Midstream Partners' Project Wildcat. Project Wildcat will provide Continental Resources 400 million cubic feet per day of additional takeaway capacity from its properties in the SCOOP and STACK plays in Oklahoma. Project Wildcat will provide Continental direct access to [...]
Earnings Conference Call Scheduled for Thursday, May 3, 2018 at 12:00 p.m. ET OKLAHOMA CITY, April 3, 2018 /PRNewswire/ -- Continental Resources Inc. plans to announce first quarter 2018 results on Wednesday, May 2, 2018 following the close of trading on the New York Stock Exchange. The Company plans to host a conference call to discuss first quarter 2018 results on Thursday, May 3, 2018 at 12:00 p.m. ET . Those wishing [...]