CLR News and Press, Continental Resources Inc. From 05/05/22

The following slide deck was published by Continental Resources, Inc. in conjunction with their 2022 Q1 earnings call. For further details see: Continental Resources, Inc. 2022 Q1 - Results - Earnings Call Presentation

Continental Resources (CLR) reported Q1 results after the bell Wednesday, beating Street expectations and generating very strong free cash flow, while paying down debt related to recent acquisitions:  Earnings - the Company generated adjusted net income per share of $2.65, versus Street ...

Continental Resources press release (NYSE:CLR): Q1 Non-GAAP EPS of $2.65 beats by $0.22. Revenue of $1.82B (+49.2% Y/Y) misses by $340M. The company has updated its 2022 annual oil production guidance to 200 to 210 MBopd from 195 to 205 MBopd. The company is also projecting a December 2022 oi...

CONTINENTAL RESOURCES ANNOUNCES OUTSTANDING 1Q22 RESULTS, INCREASES SHAREHOLDER RETURN OF CAPITAL, & ENHANCES 2022 PROJECTIONS CONTINENTAL RESOURCES ANNOUNCES OUTSTANDING 1Q22 RESULTS, INCREASES SHAREHOLDER RETURN OF CAPITAL, & ENHANCES 2022 PROJECTIONS PR Newswire ...

Midstream got clobbered in a “risk-off” move, with G&Ps bearing the brunt of the selloff. Major E&Ps have been guiding for higher domestic production in their first quarter earnings calls. Despite the poor performance of G&Ps during the week, we believe t...

Oil prices have surged this year. West Texas Intermediate, the primary U.S. oil price benchmark, has risen to more than $100 a barrel, up over 35% since the start of the year. Crude oil had been even higher, topping out at over $130 a barrel at the peak. Even though oil has cooled off sin...

This week's DOE inventory updated showed oil and oil product stocks largely unchanged week on week (USO). TSA checkpoint data pointed to falling passenger volumes, down ~2% week on week and ~10% below 2019 levels (JETS). Pandemic-related lockdowns in China extended beyond Shanghai, to include...

Rapidly rising crude oil prices are giving oil companies the cash flow and confidence to return more money to investors. Two that have prioritized increasing their dividends are Continental Resources (NYSE: CLR) and Energy Transfer (NYSE: ET) . Here...

At Smead Capital Management, we are stock market investors. We advise investors that fear stock market failure through a low-turnover, differentiated value discipline seeking wonderful companies to build wealth. The combination of the Federal Reserve Board’s liquidity and the p...

Continental Resources (NYSE:CLR) declares $0.28/share quarterly dividend, 21.7% increase from prior dividend of $0.23. Forward yield 2.02% Payable May 23; for shareholders of record May 9; ex-div May 6. See CLR Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see:...