Continental Resources (CLR) Reinstates, Doubles Qtr Dividend to $0.11; 1.6% Yield

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Go back to Continental Resources (CLR) Reinstates, Doubles Qtr Dividend to $0.11; 1.6% Yield

Continental Resources Delivers Outstanding 1Q21 Financial Results; Reinstates Dividend And Accelerates Shareholder Returns

April 28, 2021 4:15 PM EDT

OKLAHOMA CITY, April 28, 2021 /PRNewswire/ --

   Quarterly Dividend Doubled to $0.11 per Share    o   Payable on May 24, 2021 to Stockholders of Record on May 10, 2021   $260 Million Net Income & $0.72 Earnings per Share in 1Q21    $3.1 Billion Projected Full-Year 2021 Cash Flow from Operations & $1.7 Billion     Projected Full-Year 2021 Free Cash Flow (Non-GAAP) at $60 WTI & $2.75 HH    Accelerating Projected Debt Reduction to Below $4.0 Billion by Year-End 2021    Projecting Approximately 12% Return on Capital Employed1 (ROCE) in 2021

Continental Resources, Inc. (NYSE: CLR) (the "Company") today announced its first quarter 2021 operating and... More