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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
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•   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 Year-End 2021
•   Projecting Approximately 12% Return on Capital Employed
1 (ROCE) in 2021
Continental Resources, Inc. (NYSE: CLR) (the Company ) today announced its first quarter 2021 operating and financial results.
Continental s outstanding first quarter results and accelerated shareholder returns, which includes our reinstated dividend ....

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