See more : Olympic Steel, Inc. (ZEUS) Income Statement Analysis – Financial Results
Complete financial analysis of Continental Resources, Inc. (CLR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Continental Resources, Inc., a leading company in the Oil & Gas Exploration & Production industry within the Energy sector.
You may be interested
- MHHC Enterprises Inc. (MHHC) Income Statement Analysis – Financial Results
- Targa Exploration Corp. (TEX.CN) Income Statement Analysis – Financial Results
- REYON Pharmaceutical Co., Ltd. (102460.KS) Income Statement Analysis – Financial Results
- Sichuan Expressway Company Limited (0107.HK) Income Statement Analysis – Financial Results
- Selina Hospitality PLC (SLNA) Income Statement Analysis – Financial Results
Continental Resources, Inc. (CLR)
About Continental Resources, Inc.
Continental Resources, Inc. explores for, develops, produces, and manages crude oil, natural gas, and related products primarily in the north, south, and east regions of the United States. The company sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. As of December 31, 2021, its proved reserves were 1,645 million barrels of crude oil equivalent (MMBoe) with proved developed reserves of 908 MMBoe. The company was founded in 1967 and is headquartered in Oklahoma City, Oklahoma.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.73B | 9.47B | 5.72B | 2.59B | 4.63B | 4.71B | 3.12B | 1.98B | 2.68B | 4.80B | 3.46B | 2.57B | 1.65B | 839.07M | 626.21M | 960.49M | 582.22M | 483.65M | 375.76M | 418.91M | 392.07M | 300.29M | 410.76M | 435.73M | 335.46M | 316.77M | 110.03M |
| Cost of Revenue | 603.53M | 763.93M | 2.96B | 2.65B | 3.08B | 2.82B | 2.22B | 2.15B | 2.32B | 2.08B | 1.61B | 1.15B | 337.70M | 200.69M | 162.24M | 218.59M | 130.92M | 113.17M | 81.99M | 0.00 | 301.73M | 28.38M | 28.41M | 20.30M | 14.80M | 19.03M | 16.83M |
| Gross Profit | 8.13B | 8.71B | 2.76B | -61.46M | 1.55B | 1.89B | 896.56M | -171.53M | 364.24M | 2.72B | 1.85B | 1.42B | 1.31B | 638.38M | 463.97M | 741.90M | 451.29M | 370.49M | 293.77M | 418.91M | 90.34M | 271.91M | 382.36M | 415.43M | 320.67M | 297.74M | 93.20M |
| Gross Profit Ratio | 93.09% | 91.94% | 48.32% | -2.38% | 33.53% | 40.20% | 28.73% | -8.66% | 13.59% | 56.62% | 53.41% | 55.37% | 79.53% | 76.08% | 74.09% | 77.24% | 77.51% | 76.60% | 78.18% | 100.00% | 23.04% | 90.55% | 93.08% | 95.34% | 95.59% | 93.99% | 84.71% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 17.22M | 10.23M | 19.93M | 13.32M | 7.75M | 7.11M | 6.81M |
| General & Administrative | 279.31M | 401.55M | 233.63M | 196.57M | 195.30M | 183.57M | 191.71M | 169.58M | 189.85M | 184.66M | 144.38M | 121.74M | 72.82M | 67.16M | 41.09M | 35.72M | 32.80M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 12.08M | 10.36M | 8.63M | 10.00M | 8.99M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -18.07M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 245.00M | 278.81M | 236.14M | 228.80M | 0.00 |
| SG&A | 279.31M | 401.55M | 233.63M | 196.57M | 195.30M | 183.57M | 191.71M | 169.58M | 189.85M | 184.66M | 144.38M | 121.74M | 72.82M | 49.09M | 41.09M | 35.72M | 32.80M | 31.07M | 31.27M | 0.00 | 11.18M | 10.71M | 257.08M | 289.17M | 244.76M | 238.80M | 8.99M |
| Other Expenses | 3.54B | 2.95B | 21.05M | 17.73M | 14.67M | 7.64M | 12.39M | 16.97M | 19.41M | 50.07M | 34.95M | 23.51M | 370.06M | 214.01M | 206.89M | 176.86M | 110.52M | 76.89M | 53.71M | 0.00 | 42.37M | 253.76M | 82.72M | 64.63M | 46.23M | 61.57M | 63.65M |
| Operating Expenses | 3.82B | 3.36B | 254.68M | 214.30M | 209.97M | 191.21M | 204.10M | 186.55M | 209.26M | 234.72M | 179.33M | 145.24M | 442.88M | 263.10M | 247.99M | 212.57M | 143.33M | 107.96M | 84.97M | 0.00 | 70.77M | 274.70M | 359.73M | 367.11M | 298.74M | 307.47M | 79.44M |
| Cost & Expenses | 4.42B | 4.12B | 3.21B | 2.86B | 3.29B | 3.01B | 2.43B | 2.34B | 2.53B | 2.32B | 1.79B | 1.29B | 780.58M | 463.79M | 410.23M | 431.17M | 274.25M | 221.13M | 166.97M | 0.00 | 372.49M | 303.08M | 388.13M | 387.42M | 313.54M | 326.50M | 96.27M |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | -395.77M | -300.66M | 251.60M | 258.24M | 269.38M | 293.03M | 294.50M | 320.56M | 313.08M | 283.93M | 235.28M | 140.71M | 76.72M | 53.15M | 23.23M | 12.19M | 12.94M | 11.31M | 14.22M | 0.00 | 20.26M | 18.40M | 15.14M | 15.79M | 0.00 | 12.25M | 0.00 |
| Depreciation & Amortization | 167.90K | 1.89B | 1.89B | 1.88B | 2.02B | 1.86B | 1.67B | 1.71B | 1.75B | 1.37B | 965.44M | 694.70M | 391.84M | 242.75M | 208.89M | 148.57M | 96.26M | 64.76M | 49.87M | -391.05M | 42.47M | 31.38M | 33.57M | 21.95M | 20.39M | 38.72M | 33.35M |
| EBITDA | 4.14B | 4.61B | 4.33B | 1.37B | 3.28B | 3.45B | 2.12B | 1.40B | 1.52B | 3.21B | 2.41B | 1.99B | 1.16B | 554.36M | 342.13M | 679.29M | 405.98M | 329.03M | 259.53M | 27.86M | 65.07M | 29.75M | 60.38M | 75.51M | 24.31M | 32.98M | 50.61M |
| EBITDA Ratio | 47.38% | 48.66% | 75.63% | 53.15% | 70.76% | 73.20% | 67.98% | 70.58% | 56.88% | 66.94% | 69.86% | 77.38% | 70.07% | 66.07% | 54.63% | 70.72% | 69.73% | 68.03% | 69.07% | 6.65% | 16.60% | 9.91% | 14.70% | 17.33% | 7.25% | 10.41% | 46.00% |
| Operating Income | 4.31B | 2.72B | 2.43B | -553.89M | 1.26B | 1.59B | 449.40M | -287.53M | -224.00M | 1.87B | 1.45B | 1.29B | 760.75M | 310.32M | 132.29M | 529.32M | 307.97M | 262.52M | 208.80M | 418.91M | 19.58M | -2.79M | 22.63M | 48.31M | 21.93M | -9.73M | 13.76M |
| Operating Income Ratio | 49.39% | 28.76% | 42.53% | -21.41% | 27.15% | 33.84% | 14.40% | -14.52% | -8.36% | 38.90% | 41.84% | 50.25% | 46.11% | 36.98% | 21.13% | 55.11% | 52.90% | 54.28% | 55.57% | 100.00% | 4.99% | -0.93% | 5.51% | 11.09% | 6.54% | -3.07% | 12.50% |
| Total Other Income/Expenses | -383.79M | -285.27M | -246.16M | -220.86M | -270.25M | -296.92M | -293.33M | -344.92M | -311.08M | -305.80M | -232.72M | -137.61M | -73.31M | -51.85M | -22.28M | -10.79M | -11.19M | -9.57M | -13.35M | 0.00 | 753.00K | 876.00K | 3.55M | 4.50M | -15.96M | -8.25M | 3.50M |
| Income Before Tax | 3.93B | 5.07B | 2.19B | -774.75M | 987.16M | 1.30B | 156.07M | -632.45M | -535.09M | 1.56B | 1.21B | 1.16B | 687.45M | 258.47M | 110.01M | 518.53M | 296.78M | 252.96M | 195.45M | 0.00 | 20.33M | -1.92M | 26.18M | 52.81M | 5.97M | -17.98M | 17.26M |
| Income Before Tax Ratio | 45.00% | 53.50% | 38.22% | -29.95% | 21.31% | 27.54% | 5.00% | -31.94% | -19.96% | 32.53% | 35.11% | 44.91% | 41.67% | 30.80% | 17.57% | 53.99% | 50.97% | 52.30% | 52.01% | 0.00% | 5.18% | -0.64% | 6.37% | 12.12% | 1.78% | -5.68% | 15.68% |
| Income Tax Expense | -827.63M | -1.02B | 519.73M | -169.19M | 212.69M | 307.10M | -633.38M | -232.78M | -181.42M | 584.70M | 448.83M | 415.81M | 258.37M | 90.21M | 38.67M | 197.58M | 268.20M | -132.00K | 1.14M | 391.05M | 21.01M | 19.28M | 18.69M | 20.29M | -15.96M | 4.00M | -8.94M |
| Net Income | 3.10B | 6.09B | 1.67B | -596.87M | 775.64M | 988.32M | 789.45M | -399.68M | -353.67M | 977.34M | 764.22M | 739.39M | 429.07M | 168.26M | 71.34M | 320.95M | 28.58M | 253.09M | 194.31M | 27.86M | 2.34M | -20.03M | 11.67M | 37.78M | 3.92M | -17.98M | 26.20M |
| Net Income Ratio | 35.45% | 64.27% | 29.14% | -23.08% | 16.75% | 20.99% | 25.30% | -20.18% | -13.20% | 20.35% | 22.12% | 28.74% | 26.01% | 20.05% | 11.39% | 33.42% | 4.91% | 52.33% | 51.71% | 6.65% | 0.60% | -6.67% | 2.84% | 8.67% | 1.17% | -5.68% | 23.81% |
| EPS | 10.33 | 11.45 | 4.57 | -1.65 | 2.08 | 2.64 | 2.13 | -1.08 | -0.96 | 2.65 | 2.08 | 2.04 | 1.21 | 0.50 | 0.21 | 0.95 | 0.09 | 8.81 | 6.72 | 0.09 | 0.08 | -0.69 | 0.41 | 1.32 | 39.97 | -183.31 | 267.09 |
| EPS Diluted | 10.33 | 11.45 | 4.57 | -1.65 | 2.08 | 2.64 | 2.11 | -1.08 | -0.96 | 2.64 | 2.07 | 2.03 | 1.20 | 0.50 | 0.21 | 0.95 | 0.09 | 8.72 | 6.72 | 0.09 | 0.08 | -0.69 | 0.41 | 1.31 | 39.97 | -183.31 | 267.09 |
| Weighted Avg Shares Out | 361.52M | 0.00 | 364.45M | 361.74M | 372.54M | 374.84M | 370.63M | 370.38M | 368.40M | 368.83M | 368.30M | 362.68M | 354.60M | 337.97M | 337.12M | 336.17M | 336.24M | 28.74M | 28.92M | 309.60M | 29.25M | 28.82M | 28.81M | 28.73M | 98.07K | 98.08K | 98.08K |
| Weighted Avg Shares Out (Dil) | 361.52M | 0.00 | 364.45M | 361.74M | 372.54M | 374.84M | 373.77M | 370.38M | 369.54M | 370.76M | 369.70M | 363.69M | 356.08M | 339.56M | 339.06M | 338.78M | 336.24M | 29.02M | 28.92M | 309.60M | 29.25M | 28.82M | 28.81M | 28.84M | 98.07K | 98.08K | 98.08K |
Continental Resource Stock's Bull Signal Has Never Been Wrong
Continental Resources, Inc. (NYSE:CLR) is down 0.9% at $64.63 at last check, but it looks as though this pullback may be short-lived.
Permian Basin & Granite Wash Crude Oil Rig Count Increases
In its weekly release, Baker Hughes Company (BKR) reports that the count of oil drilling rigs in the prolific Permian basin has increased.
Profit From The Commodities Rout With Turquoise Hill And Continental Resources
Commodities from oil to copper plunged in May and June. The move may have been overdone.
Love Is in the Air
Love is in the air, everywhere I look around
Continental Resources: Takeover Offer May Limit Upside
Continental is generating large amounts of free cash flow and is improving its balance sheet, giving the company a strong position if oil prices remain high. Continental may leverage its improved financial position to try and expand its inventory of...
Here's Why Continental Resources (CLR) is a Strong Value Stock
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Permian Basin Oil Rig Count Flat, Eagle Ford Tally Declines
In its weekly release, Baker Hughes Company (BKR) reports that the oil rig count is flat in the Permian Basin.
Are Investors Undervaluing Continental Resources (CLR) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Buffett, Jones and Hamm: An Oil Wisdom Trifecta
Someone once said, “Better than being smart is knowing who is!” Over the last few weeks, three of the richest and most successful businessmen in the U.S. have let us know what they think about being in the oil and...
Permian Basin & Eagle Ford Crude Oil Rig Count Increases
In its weekly release, Baker Hughes Company (BKR) reports that the oil rig count is higher in the Permian Basin.
Source: https://incomestatements.info
Category: Stock Reports