Continental Resources (CLR) Tops Q1 EPS by 35c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/25/2026

1. RNG
2. DECK
3. WDC
4. BMY
5. BYD
6. SPOT
7. WCN
8. TSCO
9. BE
10. SPY

Go back to Continental Resources (CLR) Tops Q1 EPS by 35c

CONTINENTAL RESOURCES ANNOUNCES OUTSTANDING 1Q22 RESULTS, INCREASES SHAREHOLDER RETURN OF CAPITAL, & ENHANCES 2022 PROJECTIONS

May 4, 2022 4:15 PM EDT

Oklahoma City, May 4, 2022 /PRNewswire/ -- 

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