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Continental Resources Inc (CLR)

CLR on New York Consolidated

48.07USD
11 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Continental Resources- Pricing Of Its Private Placement Of $1 Billion New 4 3/8% Senior Unsecured Notes
Monday, 4 Dec 2017 04:39pm EST 

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 07:50am EST 

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
Tuesday, 7 Nov 2017 04:15pm EST 

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
Tuesday, 17 Oct 2017 04:18pm EDT 

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

Continental Resources Q2 loss per share $0.17
Tuesday, 8 Aug 2017 04:47pm EDT 

Aug 8 (Reuters) - Continental Resources Inc :Continental resources reports second quarter 2017 results and updates full-year guidance.Q2 adjusted earnings per share $0.00.Q2 earnings per share view $-0.01 -- Thomson Reuters I/B/E/S.Q2 loss per share $0.17.Continental resources inc - ‍sees fy2017 annual production 230,000 to 240,000​ boe per day.Continental resources inc - ‍sees fy2017 exit rate production 260,000 to 275,000​ boe per day.Continental resources inc - ‍sees fy2017 capital expenditures, non-acquisition, $1.75 to $1.95 billion​.Continental resources - ‍q2 2017 total production totaled 226,213 boe per day versus 219,323​ boe per day last year.Continental resources inc - ‍"for q3 we are projecting production to be 58% oil as additional bakken and springer wells are completed"​.Continental resources - ‍reduced 2017 guidance for production expense/boe, now expected to be in a range of $3.50 to $3.90 per boe for year​.Continental resources inc - ‍also reduced its g&a guidance for 2017; total g&a expense is expected to be $1.85 to $2.35 per boe for 2017​.  Full Article

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