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

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

Continental Resources Delivers Outstanding 1Q21 Financial Results; Reinstates Dividend And Accelerates Shareholder Returns News provided by Share this article •   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 Y...

Continental Resources Announces Full-Year 2020 And 4Q20 Results 2021 Capital Budget And Guidance - Vimarsana News

Continental Resources Announces Full-Year 2020 And 4Q20 Results 2021 Capital Budget And Guidance

FY20: $1.4 B Cash Flow from Operations & $275 MM Free Cash Flow (Non-GAAP) • 4Q20: $488 MM Cash Flow from Operations & $332 MM Free Cash Flow (FCF) o $168 MM in Non-Acquisition Capex o 176.6 MBopd & 976 MMcfpd Average Daily Production o $2.80 Production Expense per Boe • FY20: Fifth Consecutive Year of Generating Positive FCF o $1.16 B in Non-Acquisition Capex ($1.2 B Guidance) o 160.5 MBopd & 837.5 MMcfpd Avg. Daily Production (155-165 MBopd & 800-820 MMcfpd Guidance) o $3.27 Production Expense per Boe ($3.50-$3.75 Guidance) FY21: Projecting Sixth Co...

Source: menafn.com