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Continental Resources Inc (CLR.N)

CLR.N on New York Stock Exchange

43.39USD
28 Mar 2017
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$0.75 (+1.76%)
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Latest Key Developments (Source: Significant Developments)

CONTINENTAL RESOURCES REPORTS Q4 EARNINGS PER SHARE $0.07
Wednesday, 22 Feb 2017 04:15pm EST 

Continental Resources Inc : CONTINENTAL RESOURCES REPORTS FOURTH QUARTER AND FULL-YEAR 2016 RESULTS . Q4 ADJUSTED LOSS PER SHARE $0.07 . Q4 EARNINGS PER SHARE VIEW $-0.11 -- THOMSON REUTERS I/B/E/S . Q4 EARNINGS PER SHARE $0.07 . CONTINENTAL RESOURCES INC SAYS Q4 2016 NET PRODUCTION TOTALED 19.3 MILLION BOE, OR APPROXIMATELY 210,000 BOE PER DAY, UP SLIGHTLY FROM Q3 2016 . CONTINENTAL RESOURCES INC SAYS SEVERE WEATHER PRIMARILY IN BAKKEN REDUCED TOTAL PRODUCTION FOR Q4 BY APPROXIMATELY 6,500 BOE PER DAY . CONTINENTAL RESOURCES INC SAYS FEBRUARY PRODUCTION IS ESTIMATED TO BE APPROXIMATELY 215,000 BOE PER DAY, AN INCREASE FROM JANUARY, WHICH WAS ALSO IMPACTED BY WEATHER . CONTINENTAL RESOURCES INC SAYS PRODUCTION EXPENSE PER BOE WAS $3.60 FOR Q4 2016, COMPARED WITH $3.86 PER BOE FOR Q4 2015 .CONTINENTAL RESOURCES INC SAYS 2017 GUIDANCE REMAINS AS ANNOUNCED ON JANUARY 25, 2017.  Full Article

Continental Resources projects 2017 capital budget of $1.95 bln
Wednesday, 25 Jan 2017 05:05pm EST 

Continental Resources Inc : Continental Resources projects 2017 guidance and capital budget of $1.95 billion - cash neutral at $55 per barrel WTI . Full-Year 2017 production is expected to average approximately 220,000 to 230,000 boe per day . Continental Resources Inc - expects 2017 production exit rate of 250,000 to 260,000 barrels of oil equivalent (boe) per day . Continental Resources Inc - expects 2017 production exit rate of 250,000 to 260,000 barrels of oil equivalent per day, up 19% to 24% from q4 2016 . Says intends to adjust level of spend if necessary to remain cash neutral for year . Continental Resources Inc - projects its current inventory will support an average annual production growth rate of more than 20% in 2018 to 2020 . Continental Resources Inc - projects 2018 exit rate of 290,000 to 310,000 boe per day . Continues to target reducing long-term debt to $6 billion or lower using proceeds from potential sale of non-strategic assets. . Continental Resources - capital budget is projected to be cash neutral for full-year 2017 . Plans to operate an average 20 drilling rigs in 2017, an increase of one rig from 2016 . Continental Resources-projects current inventory to support average annual production growth rate of over 20% in 2018-2020 at $60-$65/barrel oil prices.  Full Article

Continental Resources expects to exit 2016 with production in a range of 213,000 to 218,000 Boe per day
Tuesday, 13 Dec 2016 05:33pm EST 

Continental Resources Inc : Continental Resources Inc - Company now expects to exit 2016 with production in a range of 213,000 to 218,000 Boe per day . Continental Resources Inc - As a result of strong production in North Dakota, Oklahoma, co increased expected production exit rate for December 2016 .Continental Resources Inc - Company expects to maintain approximately this production level through Q1 of 2017.  Full Article

Continental Resources announces $222 mln sale of some assets
Thursday, 18 Aug 2016 07:15am EDT 

Continental Resources Inc : Plan to apply proceeds to reduce debt and strengthen our balance sheet . Guidance for year has not changed . Sale also includes 12,000 net acres of leasehold in Roosevelt County, Montana . Continental Resources announces $222 million sale of non-strategic assets in North Dakota and Montana . Sale includes 68,000 net acres of leasehold primarily in Western Williams County, North Dakota .Sale also includes net production of approximately 2,800 barrels of oil equivalent (BOE) per day.  Full Article

Continental Resources files for potential mixed shelf offering - SEC filing
Tuesday, 9 Aug 2016 06:15pm EDT 

Continental Resources Inc : Files for potential mixed shelf offering; size not disclosed - SEC filing Source: (http://bit.ly/2b11chk ) Further company coverage: [CLR.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Continental Resources expects 2016 production 210,000-220,000 BOE/day
Wednesday, 3 Aug 2016 04:15pm EDT 

Continental Resources Inc : Continental resources reports second quarter 2016 results . Q2 loss per share $0.32 . Q2 earnings per share view $-0.17 -- Thomson Reuters I/B/E/S . Purchase agreement to sell about 29,500 net acres of non-strategic leasehold in scoop play in oklahoma for $281 million . Now expects production for year will be in a range of 210,000 and 220,000 boe per day . Reduced 2016 guidance for production expense per boe and cash general and administrative (g&a) expense per boe . Production expense is now expected to be in a range of $3.75 to $4.25 per boe for year .Q2 2016 net production totaled approximately 20.0 million boe (mmboe), or 219,300 boe per day, down 5% from q1 2016.  Full Article

Continental Resources Inc rig catches fire in Oklahoma - county official - Reuters
Wednesday, 13 Jan 2016 07:01pm EST 

Continental Resources Inc:A rig operated by Continental Resources caught fire roughly six miles east of Chickasha, Oklahoma on Wednesday afternoon, a official with the county Emergency Management Department said. - RTRS.There were no injuries as a result of the fire, and the blaze is currently contained, the official said. Continential was doing a completion on the rig at the time of the fire, the county official said. He did not know whether the fire was at an oil or gas rig - RTRS.He said the fire spread to trucks carrying oil field equipment. At least 20 trucks caught fire. Pictures posted on social media showed a thick plume of black smoke. Continental did not immediately return calls seeking comment about the fire - RTRS.  Full Article

Continental Resources Inc raises FY 2015 production guidance
Wednesday, 5 Aug 2015 04:10pm EDT 

Continental Resources Inc:Increases its production growth guidance to a range of 19% to 23% for FY 2015, compared with earlier guidance of 16% to 20% growth over the previous year.  Full Article

Continental Resources Inc reaffirms FY 2015 production guidance
Wednesday, 6 May 2015 04:15pm EDT 

Continental Resources Inc:Says FY 2015 guidance remains unchanged as disclosed on Feb. 24, 2015.  Full Article

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BRIEF-CONTINENTAL RESOURCES REPORTS Q4 EARNINGS PER SHARE $0.07

* CONTINENTAL RESOURCES REPORTS FOURTH QUARTER AND FULL-YEAR 2016 RESULTS