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Monday, October 29, 2018

=Continental Resources (CLR) reported earnings on Mon 29 Oct 2018 (a/h)



Continental Resources beats by $0.08, beats on revs
Reports Q3 (Sep) earnings of $0.90 per share, excluding non-recurring items, $0.08 better than the S&P Capital IQ Consensus of $0.82; revenues rose 76.4% year/year to $1.28 bln vs the $1.21 bln S&P Capital IQ Consensus
  • 296,900 Boepd Average Daily 3Q18 Production; Beats 3Q18 Guidance & Consensus
  • 164,605 Bopd Average Daily 3Q18 Oil Production; up 5% over 2Q18 and up 17% over 3Q17
  • Oil as Percent of Production Rising: Approximately 57% in September
  • Bakken: 167,643 Boepd Average Daily 3Q18 Production; up 23% over 3Q17

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