Continental Resources (CLR) Misses Q1 EPS by 9c, Revenues Beat

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/5/2026

1. HUBS
2. FIS
3. BROS
4. EXPE
5. ARM
6. QCOM
7. DDOG
8. CPAY
9. CHYM
10. W

Go back to Continental Resources (CLR) Misses Q1 EPS by 9c, Revenues Beat

Continental Resources Announces First Quarter 2020 Results

May 11, 2020 6:30 AM EDT

OKLAHOMA CITY, May 11, 2020 /PRNewswire/ --

360,841 Boepd Average Daily 1Q20 Production; up 9% YoY (56% Oil)

Lowest Cost Producer amongst Oil-Weighted Peers   $3.61 Production Expense per Boe and $1.31 Total G&A per Boe in 1Q20

Approx. $55 MM Reduction to 2020 G&A through Ongoing Cost Savings Evaluation

$650.7 MM Capex in 1Q20; 2020 Capex Tracking 3% to 5% below Previously Revised $1.2 B Budget   Zero Stim Crews in the Bakken and Averaging 1 Stim Crew in OK through Remainder of 2020    Rigs Reduced to 4 by YE20 (80% Reduction from Jan 2020)

$139 MM of Bonds Retired in... More