August 5, 2019 / 8:42 PM / 3 months ago

Continental Resources profit falls 20% on weak crude prices

Aug 5 (Reuters) - U.S. oil producer Continental Resources Inc reported a 19.7% fall in quarterly adjusted profit on Monday, as weaker crude and natural gas prices more than offset a rise in overall production.

Adjusted net income fell to $219.1 million, or 59 cents per share, in the second quarter ended June 30, from $272.9 million or 73 cents per share, a year earlier.

Total production rose to 331,414 barrels of oil equivalent per day (boepd) from 284,059 boepd a year earlier.

Reporting by Debroop Roy in Bengaluru; Editing by Arun Koyyur

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