Last $83.46 USD
Change Today -0.52 / -0.62%
Volume 837.3K
CLR On Other Exchanges
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As of 8:04 PM 05/24/13 All times are local (Market data is delayed by at least 15 minutes).

continental resources inc/ok (CLR) Snapshot

Open
$82.99
Previous Close
$83.98
Day High
$83.50
Day Low
$81.89
52 Week High
03/15/13 - $93.99
52 Week Low
08/2/12 - $61.02
Market Cap
15.5B
Average Volume 10 Days
1.2M
EPS TTM
$6.03
Shares Outstanding
185.6M
EX-Date
--
P/E TM
13.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for CONTINENTAL RESOURCES INC/OK (CLR)

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continental resources inc/ok (CLR) Details

Continental Resources, Inc. engages in the exploration, development, and production of crude oil and natural gas properties in the north, south, and east regions of the United States. The company sells its crude oil production to end users, as well as to midstream marketing companies or oil refining companies at the lease. As of December 31, 2012, its estimated proved reserves were 784.7 one million barrels of crude oil equivalent, with estimated proved developed reserves of 317.8 one million barrels of crude oil equivalent. Continental Resources, Inc. was founded in 1967 and is headquartered in Oklahoma City, Oklahoma.

769 Employees
Last Reported Date: 05/8/13
Founded in 1967

continental resources inc/ok (CLR) Top Compensated Officers

Executive Chairman, Chief Executive Officer, ...
Total Annual Compensation: $2.9M
President and Chief Operating Officer
Total Annual Compensation: $1.1M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $962.9K
Senior Vice President of Exploration
Total Annual Compensation: $963.6K
Senior Vice President of Operations
Total Annual Compensation: $937.3K
Compensation as of Fiscal Year 2012.

continental resources inc/ok (CLR) Key Developments

Continental Resources, Inc. Announces Unaudited Consolidated Earnings and Operating Results for the First Quarter Ended March 31, 2013; Announces Impairment Charges for the First Quarter of 2013; Provides Production and Capital Expenditures Guidance for the Year 2013

Continental Resources, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company's total revenues were $710.2 million compared with $395.1 million a year ago. Income from operations was $270.1 million compared with $135.6 million a year ago. Income before income taxes was $223.2 million compared with $112.1 million a year ago. Net income was $140.6 million or $0.76 per basic and diluted share compared with $69.1 million or $0.38 per basic and diluted share a year ago. Net cash provided by operating activities was $458.1 million compared with $364.9 million a year ago. EBITDAX was $621.5 million compared with $454.5 million a year ago. Adjusted net income was $215.4 million or $1.17 per diluted share compared with $137.9 million or $0.76 per diluted share a year ago. Non-acquisition capital expenditures for the quarter totaled approximately $899 million, including $792 million in exploration and development drilling, $84 million in leasehold and seismic and $23 million in walkovers, recompletions and other. Acquisition capital expenditures totaled approximately $22 million for the quarter. For the quarter, the company achieved record net production of approximately 121,500 barrels oil equivalent per day, which includes 71% crude oil. Net Bakken production increased to approximately 76,900 Boe per day for the quarter, representing 63% of total production. Gross operated Bakken production surpassed a significant milestone, averaging more than 100,000 Boe per day for the quarter. Net production from South Central Oklahoma Oil Province play increased to approximately 14,200 Boe per day, up 100% from fourth quarter 2012 and up 462% from first quarter 2012. First quarter 2013 net production totaled 10.9 million Boe, or approximately 121,500 Boe per day, a sequential increase of 14% from fourth quarter 2012. Total production included approximately 86,100 barrels of oil per day (71% of production) and approximately 212.8 million cubic feet of natural gas per day (29% of production). The company announced property impairments of $40.1 million for the first quarter of 2013. For the year 2013, the company expects production growth in the range of 35% to 40%. For the year 2013, the company expects capital expenditures of $3.6 billion and income tax rate of 37%.

Continental Resources, Inc. Presents at UBS Global Oil and Gas Conference, May-21-2013 12:30 PM

Continental Resources, Inc. Presents at UBS Global Oil and Gas Conference, May-21-2013 12:30 PM. Venue: Four Seasons Hotel, 98 San Jacinto Blvd., Austin, Texas, United States. Speakers: Rick Bott, President and COO.

Continental Resources, Inc. Presents at FBR Energy & Industrials One-on-One Series, May-13-2013

Continental Resources, Inc. Presents at FBR Energy & Industrials One-on-One Series, May-13-2013 . Venue: Four Seasons Hotel Boston, 200 Boylston Street, Boston, MA 02116, United States.

 

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