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Continental Resources Announces Update On Voluntary Production Curtailments
Continental Resources Says Q1 Adjusted Non-GAAP Loss Per Share $0.08
Continental Resources Announces Suspension Of Quarterly Dividend
Continental Resources, Inc. is a crude oil and natural gas company with properties in the North, South and East regions of the United States. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units. The South region includes properties south of Nebraska and west of the Mississippi River including various plays in the South Central Oklahoma Oil Province (SCOOP), Sooner Trend Anadarko Canadian Kingfisher (STACK), and Arkoma Woodford areas of Oklahoma. The East region is consists of undeveloped leasehold acreage east of the Mississippi River with no drilling or production operations. As of December 31, 2016, its estimated proved reserves were 1,275 million barrels of oil equivalent (MMBoe), with estimated proved developed reserves of 519 MMBoe. As of December 31, 2016, its average daily production from South region properties was 91,088 barrels of oil equivalent (Boe) per day.
Oil & Gas Operations
20 N Broadway
OKLAHOMA CITY, OK
Harold G. Hamm
Executive Chairman of the Board
Jack H. Stark
President, Chief Operating Officer
William B. Berry
Chief Executive Officer, Director
John D. Hart
Chief Financial Officer, Senior Vice President, Treasurer
Jeffrey B. Hume
Vice Chairman - Strategic Growth Initiatives
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Price To Sales (TTM)
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Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
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Continental Resources said on Thursday it expects to bring back about 20% of its shut-in production in July, looking to gradually restore curtailed output as it believes crude prices have stabilized.
U.S. shale oil producer Continental Resources on Thursday said it was likely to bring back 20% of curtailed production in July.
Continental Resources, one of the largest U.S. shale oil producers, on Wednesday urged North Dakota energy regulators to intervene in the oil market through steps such as limiting output or restricting flaring of unwanted natural gas.
U.S. shale producers Continental Resources Inc and Callon Petroleum Co on Monday joined their peers in cutting production as the coronavirus crisis slashed oil prices and demand for fuel.
U.S. shale producers Continental Resources Inc and Callon Petroleum Co on Monday joined their peers in cutting production to cope with a rout in oil prices as the coronavirus crisis saps demand for fuel.
U.S. shale producer Continental Resources Inc on Monday swung to a quarterly loss and curtailed 70% of its oil production in May as global crude prices plunged due to excess supplies and tumbling demand due to the COVID-19 crisis.
Casillas Petroleum Resource Partners sued Continental Resources Inc, alleging the Oklahoma shale producer last month backed out of a $200 million oil and gas deal as prices crashed.
Oil prices rose on Friday, bringing an end to another week of losses that featured the U.S. contract plunging to minus $40 a barrel, as global production cuts could not keep pace with the collapse in demand caused by the coronavirus pandemic.
Oil billionaire and influential Trump adviser Harold Hamm drew a sharp response from a top industry group and questions from legal experts after his company, Continental Resources, said Thursday it could not deliver crude to customers, citing hardships based on low prices.
The largest oil producer in North Dakota has halted most of its production in the U.S. state and notified some customers it would not supply crude after prices dived into negative territory this week, people familiar with the matter said.
The largest oil producer in North Dakota has halted most of its production in the state, notifying some customers it would not supply crude at current pricing, according to people familiar with the matter.
The founder of Continental Resources Inc <CLR.N>, an ally of U.S. President Donald Trump, is pressing the U.S. commodity markets regulator and the exchange to probe whether market manipulation or system failure was behind this week's unprecedented plunge in U.S. crude futures...
Continental Resources Inc <CLR.N> said on Tuesday it would suspend its quarterly dividend and cut its production for April and May 2020 by about 30%, as it grapples with a plunge in oil prices and demand amid the novel coronavirus pandemic.
Continental Resources Inc said on Tuesday it would suspend its quarterly dividend and reduce its production for April and May 2020 by about 30%, as it grapples with low fuel demand amid the novel coronavirus pandemic.
Continental Resources Inc said on Thursday it would cut its capital budget for 2020 by about 55% to $1.2 billion, becoming the latest oil and gas producer to cap its spending as oil prices plummet to its lowest in nearly two decades.
Continental Resources Inc sees the oil and gas market as fundamentally oversupplied, with demand even further impacted by the coronavirus, legendary U.S. oilman Harold Hamm said in a post-earnings call with analysts.
Continental Resources Inc on Wednesday forecast lower-than-expected free cash flow for the year despite keeping capital spending flat, sending shares of the shale producer down 17% in after-market trading.
Continental Resources Inc on Wednesday posted a slight drop in quarterly profit as weaker prices for natural gas muted higher production.
Legendary U.S. oilman Harold Hamm, who once called the Organization of the Petroleum Exporting Countries a "toothless tiger," will step down as chief executive of Continental Resources <CLR.N> and become its executive chairman, the company said on Wednesday.
Continental Resources said on Wednesday founder Harold Hamm will step down as chief executive officer of the oil and gas producer and will be replaced by William Berry .
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