Continental Resources Inc (OKLA)

+1.89 (+6.38%)
Dividends, Other Pre-Announcement

Continental Resources Reinstates Dividend And Accelerates Shareholder Returns

Published: 04/28/2021 21:29 GMT
Continental Resources Inc (OKLA) (CLR) - Continental Resources Delivers Outstanding 1q21 Financial Results; Reinstates Dividend and Accelerates Shareholder Returns.
Q1 Adjusted Non-GAAP Earnings per Share $0.77.
Q1 Earnings per Share $0.72.
Accelerating Projected Debt Reduction to Below $4.0 Billion by Year-end 2021.
Projecting Approximately 12% Return on Capital Employed in 2021.
Projected Full-year 2021 Free Cash Flow (non-GAAP) at $60 Wti & $2.75 Hh.
Approved Reinstatement of Quarterly Dividend at $0.11 per Share.
Q1 2021 Total Production Averaged 307.9 Mboepd.
Qtrly Total Revenue $1.22 Billion Versus $880.8 Million.
Q1 Earnings per Share View $0.44, Revenue View $1.05 Billion -- Refinitiv Ibes Data (analyst estimates).