CLR - Earnings announcements

OKLAHOMA CITY, Nov. 2, 2022 /PRNewswire/ --  Strong 3Q22 Results•   $2.22 B Cash Flow from Operations (CFO) & $1.01 B Free Cash Flow (FCF) (Non-GAAP)•   $1.01 B Net Income; $2.80 per Diluted Share ($1.04 B Adj. Net Income; $2.88 per Adj. Share (Non-GAAP))•   Total Debt of $6.30 B & Net Debt (Non-GAAP) of $4.49 B as of 9/30/22 (No Change in Total Debt & $1.26 B Net Debt (Non-GAAP) Reduction in 3Q22)•   More Than $4.00 B of Total Liquidity, Inclusive of Undrawn $2.25 B Revolver & $1.81 B Cash Balance as of 9/30/22 Continental Resources, Inc. (NYSE:CLR) (the "Company") today announced its third quarter 2022 operating and financial results. Logo: https://mma.prnewswire.com/media/95419/continenta

OKLAHOMA CITY, Oct. 25, 2022 /PRNewswire/ -- Continental Resources, Inc. (NYSE:CLR) (the "Company") plans to announce third quarter 2022 results and file the Company's Quarterly Report on Form 10-Q on Wednesday, November 2, 2022, after the close of trading on the New York Stock Exchange. The Company also plans to publish a third quarter 2022 summary presentation to its website at www.CLR.com on Wednesday, November 2, 2022. The Company does not intend to host a conference call in connection with its third quarter 2022 results. Logo - https://mma.prnewswire.com/media/95419/continental_resources_logo.jpg About Continental Resources Continental Resources (NYSE:CLR) is a top 10 independent oil p

OKLAHOMA CITY, July 28, 2022 /PRNewswire/ -- Strong 2Q22 Results•  $1.74 B Cash Flow from Operations (CFO) & $1.23 B Free Cash Flow (FCF) (Non-GAAP)•  $1.21 B Net Income; $3.35 per Diluted Share ($1.25 B Adj. Net Income; $3.47 per Adj. Share (Non-GAAP))•  $265.2 MM Total Debt Reduction and $814.2 MM Net Debt (Non-GAAP) Reduction in 2Q22 Declaring $0.28 per Share Quarterly Dividend (Payable 8/22/22 to Stockholders of Record on 8/8/22) Updating Various 2022 Guidance Metrics & Differentials•  Increasing Projected Return on Capital Employed (ROCE) to ~32% from Previous ~31%•  Improving 2022 Crude Oil Differentials per Barrel of Oil to Average ($2.25) to ($3.25) from ($2.50) to ($3.50)•  Improvi

Successfully closed strategic acquisitions in the Delaware Basin, doubling basin processing capacity and significantly increasing Crestwood's cash flow contribution from the most active and economic basin in the U.S. Second quarter 2022 net income of $39 million and Adjusted EBITDA1 of $180 million, a 23% increase year-over-year, driven by robust Delaware Basin activity and strong commodity prices, offset by a $13 million winter weather impact in the Williston Basin Strong cash flow profile and balance sheet highlighted by a coverage ratio of 1.7x and a leverage ratio of 3.7x as of June 30, 2022; substantial free cash flow generation in 2023 drives leverage to long-term target of 3.5x Re

OKLAHOMA CITY, July 13, 2022 /PRNewswire/ -- Continental Resources, Inc. (NYSE:CLR) (the "Company") plans to announce second quarter 2022 results and file the Company's Quarterly Report on Form 10-Q on Thursday, July 28, 2022, after the close of trading on the New York Stock Exchange. The Company also plans to publish a second quarter 2022 summary presentation to its website at www.CLR.com on Thursday, July 28, 2022. The Company does not intend to host a conference call in connection with its second quarter 2022 results. Logo - https://mma.prnewswire.com/media/95419/continental_resources_logo.jpg As previously announced on June 14, 2022, the Company received a non-binding proposal from Harol

Oklahoma City, May 4, 2022 /PRNewswire/ --  Outstanding 1Q22 Results•    $1.50 B Cash Flow from Operations (CFO) & $1.15 B Free Cash Flow (FCF) (Non-GAAP)•    $597.8 MM Net Income; $1.65 per Diluted Share ($960.0 MM Adj. Net Income; $2.65 per Adj. Share (Non-GAAP)) Increasing Shareholder Return of Capital•    Quarterly Dividend Increased to $0.28 per Share (~2.0% Dividend Yield1)•    $100 MM Shares Repurchased in 1Q22 (~$960 MM Remaining in Share Buyback Program)•    $264 MM Total Debt Reduction in 1Q22 (Inclusive of $450 MM Powder River Basin Acquisition & Initial $63 MM Summit Carbon Capture Investment) Enhancing 2022 Projections•    Increased Projected Return on Capital Employed (ROCE) to

OKLAHOMA CITY, April 27, 2022 /PRNewswire/ -- Continental Resources, Inc. (NYSE:CLR) (the "Company") today announced an increased quarterly dividend, and its first quarter 2022 production results, as well as improvements to its 2022 projected return on capital employed1 from its 2022 capital program enhancement. Logo - https://mma.prnewswire.com/media/95419/continental_resources_logo.jpg  The Company's Board of Directors recently approved increasing the Company's quarterly dividend to $0.28 per share, payable on May 23, 2022 to stockholders of record on May 9, 2022. This dividend represents a $0.05, or approximately 22%, increase to the Company's $0.23 per share quarterly dividend paid in fi

Successful close and integration of Oasis Midstream paired with favorable commodity prices results in first quarter 2022 net income of $22.2 million and Adjusted EBITDA1 of $172.8 million Strong operating performance and financial discipline drives free cash flow of more than $28 million, a coverage ratio of 2.0x, leverage ratio of 3.5x, a ~5% increase in the common unit distribution attributable to the first quarter 2022, and an S&P credit rating upgrade to BB from BB- Key gathering and processing assets leveraged to higher producer activity in the Williston, Delaware, and Powder River Basins in second and third quarters driving volumes and cash flow growth into second half of 2022 and f

Earnings Conference Call Scheduled for Thursday, May 5, 2022, at 10:00 a.m. ET OKLAHOMA CITY, April 18, 2022 /PRNewswire/ -- Continental Resources, Inc. (NYSE:CLR) (the "Company") plans to announce first quarter 2022 results on Wednesday, May 4, 2022, after the close of trading on the New York Stock Exchange. The Company plans to host a conference call to discuss first quarter 2022 results on Thursday, May 5, 2022, at 10:00 a.m. ET (9:00 a.m. CT). Those wishing to listen to the conference call may do so via the Company's website at www.CLR.com or by phone: Logo - https://mma.prnewswire.com/media/95419/continental_resources_logo.jpg Time and date:            10:00 a.m. ET, Thursday, May 5, 20

Robust producer activity and favorable commodity prices drive full-year net loss of $37.4 million and record Adjusted EBITDA1 of $600.1 million in 2021, exceeding previously announced guidance range Executing sector consolidation strategy with successful close of Oasis Midstream acquisition on February 1, 2022 making Crestwood the third largest processor in the Williston Basin and increasing the company's enterprise value to approximately $7 billion Expect 2022E Adjusted EBITDA of $780 million to $840 million and free cash flow after distributions of $75 million to $135 million, including eleven months contribution from Oasis Midstream Strong 2022 outlook driven by acceleration of produc

OKLAHOMA CITY, Jan. 31, 2022 /PRNewswire/ -- Continental Resources, Inc. (NYSE:CLR) (the "Company") plans to announce full-year 2021 and fourth quarter 2021 results on Monday, February 14, 2022 after the close of trading on the New York Stock Exchange. The Company plans to host a conference call to discuss full-year 2021 and fourth quarter 2021 results on Tuesday, February 15, 2022 at 12:00 p.m. ET (11:00 a.m. CT). Those wishing to listen to the conference call may do so via the Company's website at www.CLR.com or by phone: Logo - https://mma.prnewswire.com/media/95419/continental_resources_logo.jpg Time and date: 12:00 p.m. ET, Tuesday, February 15, 2022 Dial-in: 1-888-317-6003 Intl. dial-

OKLAHOMA CITY, Jan. 25, 2022 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) ("Chesapeake") today announced significant transactions designed to strengthen its asset portfolio, deliver higher free cash flow, and increase its projected annual dividend payments. The company signed definitive agreements to acquire Chief E&D Holdings, LP ("Chief") and associated non-operated interests held by affiliates of Tug Hill, Inc. ("Tug Hill"), for $2.0 billion in cash and approximately 9.44 million common shares. Chief and Tug Hill hold high quality producing assets and an inven

OKLAHOMA CITY, Nov. 3, 2021 /PRNewswire/ -- • $369.3 MM Net Income; $1.01 per Diluted Share ($437.2 MM Adjusted Net Income; $1.20 per Adjusted Share (Non-GAAP)) in 3Q21 • $1.0 B Cash Flow from Operations & Company Record $669 MM Free Cash Flow (Non-GAAP) in 3Q21 • $3.9 B Projected Full-Year 2021 Cash Flow from Operations & $2.6 B Projected Full-Year 2021 Free Cash Flow (FCF) (Non-GAAP) at Current Strip Prices1 (~14% FCF Yield2 (Non-GAAP)) • Highly Accretive Expansion into Permian Basin; Immediately Additive to FCF Capacity     o Adds up to 2% to Projected Return on Capital Employed3 (ROCE) on an Annual Basis4       o Over 650 Gross Operated Locations in Third Bone Spring/Wolfcamp A & B; Ov

OKLAHOMA CITY, Oct. 26, 2021 /PRNewswire/ -- Continental Resources, Inc. (NYSE:CLR) (the "Company") today announced its third quarter 2021 production results and record free cash flow (non-GAAP)  and rescheduled its third quarter 2021 earnings release and conference call. Logo - https://mma.prnewswire.com/media/95419/continental_resources_logo.jpg Third quarter 2021 total production averaged approximately 331.4 MBoepd. Third quarter 2021 oil production averaged approximately 157.2 MBopd. Third quarter 2021 natural gas production averaged approximately 1,046 MMcfpd. The Company generated approximately $1.02 billion of cash flow from operations and a Company record $669 million of free cash

OKLAHOMA CITY, Aug. 2, 2021 /PRNewswire/ -- • $289.3 Million Net Income; $0.79 per Diluted Share ($332.8 Million Adjusted Net Income;  $0.91 per Adjusted Share (Non-GAAP)) in 2Q21• $673 Million Cash Flow from Operations & $634 Million Free Cash Flow (FCF) (Non-GAAP) in  2Q21• $3.8 Billion Projected Full-Year 2021 Cash Flow from Operations & $2.4 Billion Projected  Full-Year 2021 FCF (Non-GAAP) at Current Strip Prices1 (~19% FCF Yield2) (Non-GAAP)• Enhanced Shareholder Capital Returns o $0.15 per Share Quarterly Dividend; $0.04 Increase Supported by Strong Cash Flow & Interest    Savings o $1.0 Billion Share Repurchase Program Resumed ($317 Million Previously Executed)  o Continued Debt Reduc