trending Market Intelligence /marketintelligence/en/news-insights/trending/WcjcBRJvSQJDjbOOeO6Qhw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Continental Resources' Q2 adjusted results fall short of expectations

客户案例:跨国公用事业公司有效增强对新客户信用风险的认知

S&P podcast - Coronavirus pandemic, oil price crash shake up energy sector

Case Study: A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper


Continental Resources' Q2 adjusted results fall short of expectations

Continental Resources Inc. on Aug. 5 reported $219.1 million, or 59 cents per share, in adjusted net income for the second quarter, compared to $272.9 million, or 73 cents per share, in the prior-year period.

The S&P Global Market Intelligence consensus normalized earnings estimate for the second quarter was 61 cents per share.

Net income attributable to Continental totaled $236.6 million, compared to $242.5 million in the second quarter a year ago. Total revenues were $1.21 billion, compared to $1.14 billion in the year-ago quarter.

The shale driller reported total production of 331,414 barrels of oil equivalent per day in the second quarter, compared to 284,059 boe/d in the prior-year period.

Continental increased its 2019 annual oil production guidance to between 195,000 barrels per day and 200,000 bbl/d, from the previous guidance of between 190,000 bbl/d and 200,000 bbl/d. Natural gas production guidance was raised to between 820 MMcf/d and 840 MMcf/d, against the previous guidance of 790 MMcf/d to 810 MMcf/d.

Continental's core assets are in the Bakken Shale in North Dakota and Montana and the STACK and SCOOP plays in Oklahoma.