Continental Resources (CLR) Misses Q2 EPS by 1c
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Continental Resources (NYSE: CLR) reported Q2 EPS of ($0.18), $0.01 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $451.21 million versus the consensus estimate of $554.79 million.
"Continental once again outperformed production guidance in the second quarter thanks to the exceptional quality and performance of our Bakken, SCOOP and STACK assets, as well as exceptional execution by our teams," commented Harold Hamm, Chairman and Chief Executive Officer. "We are also on track to reduce long-term debt with our agreement to sell a second non-strategic asset for $281 million."
For earnings history and earnings-related data on Continental Resources (CLR) click here.
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