Continental Resources, Inc. (N:CLR)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
See Regulatory Filings on SEC
Company Contact
Address: 20 N Broadway
OKLAHOMA CITY OK 73102-9213
Tel: 1-405-2349620
Website: www.clr.com
IR: See website
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Key People
Harold G. Hamm
Executive Chairman of the Board
Jack H. Stark
President, Chief Operating Officer
William B. Berry
Chief Executive Officer, Director
John D. Hart
Chief Financial Officer, Senior Vice President, Treasurer
Jeffrey B. Hume
Vice Chairman - Strategic Growth Initiatives
Eric Spencer Eissenstat
Senior Vice President, Chief Risk Officer, General Counsel, Secretary
Ramiro F. Rangel
Senior Vice President of Marketing
Patrick W. Bent
Senior Vice President - Operations
Steven K. Owen
Senior Vice President - Land
Business Overview
Continental Resources, Inc. is a crude oil and natural gas company with properties in the North, South and East regions of the United States. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units. The South region includes properties south of Nebraska and west of the Mississippi River including various plays in the South Central Oklahoma Oil Province (SCOOP), Sooner Trend Anadarko Canadian Kingfisher (STACK), and Arkoma Woodford areas of Oklahoma. The East region is consists of undeveloped leasehold acreage east of the Mississippi River with no drilling or production operations. As of December 31, 2016, its estimated proved reserves were 1,275 million barrels of oil equivalent (MMBoe), with estimated proved developed reserves of 519 MMBoe. As of December 31, 2016, its average daily production from South region properties was 91,088 barrels of oil equivalent (Boe) per day.
Financial Overview
For the three months ended 31 March 2020, Continental Resources, Inc. revenues decreased 22% to $880.8M. Net loss totaled $185.7M vs. income of $187M. Revenues reflect Oil Equivalent Prodn (B/D)S.R-NW Cana decrease of 22% to 44K barrels per day, Crude oil and natural gas sales decrease of 22% to $862.7M. Net loss reflects Avg. Production Costs per Barrel, Total increase of 1% to $3.61 per barrel.
Employees: 1,260 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $12,132M as of Mar 31, 2020
Annual revenue (TTM): $4,389M as of Mar 31, 2020
EBITDA (TTM): $3,108M as of Mar 31, 2020
Net annual income (TTM): $403.00M as of Mar 31, 2020
Free cash flow (TTM): $225.05M as of Mar 31, 2020
Net Debt Last Fiscal Year: $5,449M as of Mar 31, 2020
Shares outstanding: 365,152,819 as of Apr 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization