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CLR - Continental Resources EPS beats by $0.30 beats on revenue
Continental Resources Inc.
Continental Resources (CLR): Q1 Non-GAAP EPS of $0.77 beats by $0.30; GAAP EPS of $0.72 beats by $0.25.Revenue of $1.22B (+38.5% Y/Y) beats by $170M.Company now projects to generate $3.1B of cash flow from operations and $1.7B of free cash flow (non-GAAP) for full-year 2021 at $60 per barrel WTI and $2.75 per Mcf Henry Hub.Company is projecting ~12% ROCE in 2021.Shares -0.5%.Press Release