Continental Resources Inc. today announced an increased quarterly dividend, and its first quarter 2022 production results, as well as improvements to its 2022 projected return on capital employed1 from its 2022 capital program enhancement. Logo - https://mma.prnewswire.com/media/95419/continental_resources_logo.jpg The Company's Board of Directors recently approved increasing the Company's quarterly dividend to $0.28 per [...]
Earnings Conference Call Scheduled for Thursday, May 5, 2022, at 10:00 a.m. ET Continental Resources Inc. plans to announce first quarter 2022 results on Wednesday, May 4, 2022, after the close of trading on the New York Stock Exchange. The Company plans to host a conference call to discuss first quarter 2022 results on Thursday, May 5, 2022, at 10:00 a.m. ET . Those wishing to listen to the conference call may do so via [...]
2021: Delivered Record Cash Flow Generation • $1.66 B Net Income; $4.56 per Diluted Share ) o Company Record $3.97 B Cash Flow from Operations & $2.64 B Free Cash Flow o 14.6% Return on Capital Employed1 Significant Increase in Return of Capital to Shareholders • Increasing Quarterly Dividend to $0.23 per Share ; Targeting 2.0% or Greater Yield Long Term • Increasing Share Buyback Program from $1.0 B to $1.5 B 2022 [...]
Continental Resources Inc. today announced that its Board of Directors has declared a quarterly dividend of $0.23 per share on the Company's outstanding common stock, payable on March 4, 2022 to stockholders of record on February 22, 2022. Logo - https://mma.prnewswire.com/media/95419/continental_resources_logo.jpg "This dividend represents a $0.03, or 15%, increase to the Company's $0.20 per share quarterly dividend paid [...]
Earnings Conference Call Scheduled for Tuesday, February 15, 2022 at 12:00 p.m. ET Continental Resources Inc. plans to announce full-year 2021 and fourth quarter 2021 results on Monday, February 14, 2022 after the close of trading on the New York Stock Exchange. The Company plans to host a conference call to discuss full-year 2021 and fourth quarter 2021 results on Tuesday, February 15, 2022 at 12:00 p.m. ET . Those [...]
Refocuses portfolio on highest-return assets, strengthens Marcellus position and increases free cash flow and dividend payout OKLAHOMA CITY, Jan. 25, 2022 /PRNewswire/ -- Chesapeake Energy Corp. today announced significant transactions designed to strengthen its asset portfolio, deliver higher free cash flow, and increase its projected annual dividend payments. The company signed definitive agreements to acquire Chief E&D [...]
Continental Resources Inc. today announced upcoming organizational changes. Logo: https://mma.prnewswire.com/media/95419/continental_resources_logo.jpg Jack Stark, the Company's President and Chief Operating Officer, has announced his intention to retire by late Spring 2022. Upon retirement, Jack will transition into a part-time consulting role as a senior advisor to the Company's Chief Executive Officer, Bill Berry, who [...]
Continental Resources Inc. today announced the promotions of two of the Company's key leaders. Shelly Lambertz has been promoted to Executive Vice President, Chief Culture and Administrative Officer. John Hart has been promoted to Chief Financial Officer and Executive Vice President of Strategic Planning. Logo - https://mma.prnewswire.com/media/95419/continental_resources_logo.jpg "Shelly and John have made substantial [...]
Continental Resources Inc. announced today the pricing of its private placement of $800 million of 2.268% senior notes due 2026 and $800 million of 2.875% senior notes due 2032. The offering is expected to close on November 22, 2021, subject to customary closing conditions. The Company intends to use the net proceeds from this offering to fund a portion of the purchase price in the recently announced acquisition from [...]
Continental Resources Inc. announced today that, subject to market conditions, it intends to offer a series of senior notes due 2026 and a series of senior notes due 2032 in a private placement to eligible purchasers. Continental intends to use the net proceeds from the offering to fund a portion of the purchase price in the recently announced acquisition from Pioneer Natural Resources Company , to pay the fees and [...]
• $369.3 MM Net Income; $1.01 per Diluted Share ) in 3Q21 • $1.0 B Cash Flow from Operations & Company Record $669 MM Free Cash Flow in 3Q21 • $3.9 B Projected Full-Year 2021 Cash Flow from Operations & $2.6 B Projected Full-Year 2021 Free Cash Flow at Current Strip Prices1 ) • Highly Accretive Expansion into Permian Basin; Immediately Additive to FCF Capacity o Adds up to 2% to Projected Return on Capital Employed3 on an [...]
Continental Resources Inc. today announced its third quarter 2021 production results and record free cash flow and rescheduled its third quarter 2021 earnings release and conference call. Third quarter 2021 total production averaged approximately 331.4 MBoepd. Third quarter 2021 oil production averaged approximately 157.2 MBopd. Third quarter 2021 natural gas production averaged approximately 1,046 MMcfpd. The Company [...]