Continental Resources Inc (OKLA)

NYSE:CLR   3:59:58 PM EDT
61.48
-1.76 (-2.78%)
4:00:00 PM EDT: $61.49 +0.01 (+0.02%)
Positive Earnings Pre-Announcement

Continental Resources Posts Q1 EPS Of $1.65

Published: 05/04/2022 21:32 GMT
Continental Resources Inc (OKLA) (CLR) - Continental Resources Announces Outstanding 1q22 Results, Increases Shareholder Return of Capital, & Enhances 2022 Projections.
Q1 Adjusted Non-GAAP Earnings per Share $2.65.
Q1 Earnings per Share $1.65.
Q1 Earnings per Share View $2.37 -- Refinitiv Ibes Data (analyst estimates).
Q1 2022 Total Production Averaged 373.8 Mboepd.
Q1 2022 Oil Production Averaged 194.8 Mbopd.
Q1 2022 Natural Gas Production Averaged 1,074 Mmcfpd.
Has Updated Its 2022 Annual Oil Production Guidance to 200 to 210 Mbopd.
Is Projecting a December 2022 Oil Production Exit Rate of Approximately 220 to 230 Mbopd.
Has Updated Its 2022 Annual Natural Gas Production Guidance to 1,100 Mmcfpd to 1,200 Mmcfpd.
Revenue is expected to be $2.54 Billion
Adjusted EPS is expected to be $2.99

Next Quarter Revenue Guidance is expected to be $2.56 Billion
Next Quarter EPS Guidance is expected to be $3.02

More details on our Analysts Page.