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