Continental Resources (CLR) Tops Q1 EPS by 35c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
CONTINENTAL RESOURCES ANNOUNCES OUTSTANDING 1Q22 RESULTS, INCREASES SHAREHOLDER RETURN OF CAPITAL, & ENHANCES 2022 PROJECTIONS
May 4, 2022 4:15 PM EDTOklahoma City, May 4, 2022 /PRNewswire/ --Â
Outstanding 1Q22 Results  $1.50 B Cash Flow from Operations (CFO) & $1.15 B Free Cash Flow (FCF) (Non-GAAP)  $597.8 MM Net Income; $1.65 per Diluted Share ($960.0 MM Adj. Net Income; $2.65 per Adj. Share (Non-GAAP))
Increasing Shareholder Return of Capital  Quarterly Dividend Increased to $0.28 per Share (~2.0% Dividend Yield1)  $100 MM Shares Repurchased in 1Q22 (~$960 MM Remaining in Share Buyback Program)  $264 MM Total Debt Reduction in 1Q22 (Inclusive of $450 MM Powder River Basin Acquisition & Initial $63 MM Summit Carbon Capture Investment)
Enhancing 2022 Projections  Increased Projected Return on Capital Employed... More
