Continental Resources (CLR) Misses Q2 EPS by 12c
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Continental Resources Announces Second Quarter 2020 Results And Updates Guidance
August 3, 2020 4:21 PM EDTOKLAHOMA CITY, Aug. 3, 2020 /PRNewswire/ --
Curtailed Operated Oil Volumes in 2Q20 Estimated to Generate $90 Million in Incremental Cash Flow from Operations at $40 WTI Â Â Approximately 55% of Oil Volumes (7.8 MMBo) Curtailed in 2Q20 Â Â 202,815 Boepd Average Daily 2Q20 Production
2020 Full-Year Average Production of 155,000 to 165,000 Bopd & 800,000 to 820,000 Mcfpd   3Q20 Average Production of 280,000 to 300,000 Boepd   2020 Exit Rate Production of 310,000 to 330,000 Boepd
Forecasting Approx. $1.3 Billion Annual Cash Flow from Operations and $200 Million Annual Free Cash Flow (FCF) (Non-GAAP) in 2020 at $40 WTIÂ Â $615 Million Cash Flow from Operations and $500 Million FCF in 2H20... More
