Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2022-11-22 | Deana Ann Cunningham Succession Trust | sold | - | - | -83,658 | - |
2022-11-22 | Hume Jeff B | back to issuer | - | - | -1,721,840 | vice chairman of sgi |
2022-11-22 | BERRY WILLIAM B | back to issuer | - | - | -1,255,620 | chief executive officer |
2022-11-22 | MONROE MARK E | back to issuer | - | - | -207,088 | - |
2022-11-22 | 2015 Deana Ann Cunningham Trust II | sold | - | - | -23,302,600 | - |
2022-11-22 | 2015 Hilary Honor Hamm Trust II | sold | - | - | -22,909,000 | - |
2022-11-22 | Jane Hamm 2005 Irrevocable Trust | sold | - | - | -83,763 | - |
2022-11-22 | 2015 Hilary Honor Hamm Trust I | sold | - | - | -5,507,760 | - |
2022-11-22 | Hilary Hamm 2005 Irrevocable Trust | sold | - | - | -83,763 | - |
2022-11-22 | Harold Thomas Hamm Trust I | sold | - | - | -5,380,560 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-21 | Jefferies Group LLC | new | - | 3,675,150 | 3,675,150 | 0.03% |
2023-08-14 | Price Jennifer C. | sold off | -100 | -742,700 | - | -% |
2023-03-17 | American Portfolios Advisors | unchanged | - | 438 | 20,043 | -% |
2023-02-15 | Claraphi Advisory Network, LLC | sold off | -100 | -674,000 | - | -% |
2023-02-14 | STAMINA CAPITAL MANAGEMENT LP | sold off | -100 | -4,877,000 | - | -% |
2023-02-14 | Axiom Investment Management LLC | sold off | -100 | -13,000 | - | -% |
2023-02-13 | Gyon Technologies Capital Management, LP | sold off | -100 | -2,935,000 | - | -% |
2023-02-06 | Brinker Capital Investments, LLC | sold off | -100 | -285,000 | - | -% |
2023-01-23 | Sargent Bickham Lagudis LLC | sold off | -100 | -2,000 | - | -% |
2022-11-21 | FourThought Financial, LLC | unchanged | - | - | 7,000 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Nov 22, 2022 | hamm harold | 0.0% | 0 | SC 13D/A | |
Nov 22, 2022 | clement roger verlin | 0.0% | 0 | SC 13D/A | |
Oct 19, 2022 | hamm harold | 50.9% | 184,862,306 | SC 13D/A | |
Oct 19, 2022 | clement roger verlin | 39.4% | 142,929,154 | SC 13D/A | |
Jun 15, 2022 | clement roger verlin | 39.4% | 142,929,154 | SC 13D/A | |
Jun 15, 2022 | hamm harold | 51.0% | 184,862,306 | SC 13D/A | |
Feb 14, 2022 | clement roger verlin | 39.1% | 142,929,154 | SC 13D/A | |
Feb 14, 2022 | hamm harold | 50.5% | 184,515,057 | SC 13D/A | |
Feb 09, 2022 | clement roger verlin | 58.3% | 212,490,174 | SC 13D | |
Feb 09, 2022 | hamm harold | 23.7% | 86,496,826 | SC 13D/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Aug 09, 2023 | 10-Q | Quarterly Report |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
EOG | 71.7B | 25.9B | -5.59% | 11.33% | 8.24 | 2.77 | 16.80% | 52.54% |
OXY | 60.4B | 31.8B | -3.52% | 1.89% | 4.68 | 1.64 | -6.68% | -38.20% |
PXD | 52.5B | 20.3B | -7.12% | 3.66% | 9.07 | 2.58 | -14.26% | -6.45% |
FANG | 26.9B | 8.3B | -2.88% | 26.39% | 7.71 | 3.24 | -8.75% | -9.74% |
APA | - | 8.8B | -12.31% | 16.31% | - | - | -19.24% | -60.57% |
DVN | - | 16.8B | -13.74% | -21.03% | - | - | -8.28% | -9.23% |
MID-CAP | ||||||||
OVV | 12.5B | 13.4B | -5.18% | -0.48% | 3.75 | 0.93 | 15.65% | 37.73% |
RRC | 7.3B | 4.5B | -8.75% | 20.51% | 4.28 | 1.63 | 15.35% | 216.30% |
MTDR | 6.8B | 2.8B | -12.12% | 16.11% | 7.23 | 2.44 | 1.90% | -11.66% |
KOS | 3.5B | 1.6B | 1.33% | 47.78% | 16.5 | 2.17 | -20.41% | 13.75% |
CRK | 2.9B | 2.9B | -16.42% | -38.75% | 3.06 | 1.02 | 9.57% | 185.64% |
CPE | 2.3B | 2.7B | -9.46% | 5.20% | 2.41 | 0.85 | 12.93% | 24.18% |
OAS | - | 4.0B | - | - | - | - | 72.02% | 99.37% |
SMALL-CAP | ||||||||
PARR | 2.2B | 7.3B | -0.03% | 117.25% | 3.47 | 0.29 | 21.02% | 508.09% |
LPI | 805.4M | 1.5B | -8.19% | -35.44% | 1.28 | 0.42 | -22.98% | 63.46% |
null%
null%
null%
Y-axis is the maximum loss one would have experienced if Continental Resources was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | -10.8% | 8,553 | 9,592 | 10,075 | 9,678 | 8,367 | 6,820 | 5,794 | 4,824 | 4,070 | 2,961 | 2,577 | 2,934 | 3,337 | 4,370 | 4,632 | 4,586 | 4,764 | 4,693 | 4,710 | 4,607 | 4,052 |
Operating Expenses | 1.8% | 4,216 | 4,140 | 4,120 | 3,823 | 3,582 | 3,398 | 3,258 | 3,265 | 3,194 | 2,876 | 3,140 | 3,172 | 3,274 | 3,630 | 3,375 | 3,292 | 3,258 | 3,175 | 3,116 | 3,035 | 2,879 |
S&GA Expenses | -1.9% | 383 | 390 | 402 | 273 | 263 | 256 | 234 | 234 | 221 | 207 | 197 | 183 | 185 | 191 | 195 | 191 | 188 | 188 | 184 | 196 | 196 |
EBITDA | -100.0% | - | 7,633 | 7,255 | 6,845 | 5,951 | 4,744 | 4,336 | 3,377 | 2,795 | 1,919 | 1,364 | 1,679 | 2,009 | 2,834 | 3,274 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.80* | 0.72* | 0.71* | 0.71* | 0.70* | 0.75* | 0.70* | 0.69* | 0.65* | 0.53* | 0.57* | 0.60* | 0.65* | 0.71* | - | - | - | - | - | - |
Interest Expenses | 10.1% | 361 | 328 | 301 | 281 | 270 | 259 | 252 | 251 | 255 | 260 | 258 | 258 | 262 | 265 | 269 | 274 | 279 | 285 | 293 | 299 | 301 |
Earnings Before Taxes | -13.3% | 4,682 | 5,402 | 5,068 | 4,716 | 3,858 | 2,638 | 2,186 | 1,085 | 504 | -194 | -774 | -419 | -116 | 510 | 987 | 1,020 | 1,224 | 1,230 | 1,297 | 1,268 | 874 |
EBT Margin | -100.0% | - | 0.56* | 0.50* | 0.49* | 0.46* | 0.39* | 0.38* | 0.23* | 0.12* | -0.07* | -0.30* | -0.14* | -0.03* | 0.12* | 0.21* | - | - | - | - | - | - |
Net Income | -12.0% | 3,793 | 4,311 | 4,025 | 3,562 | 2,919 | 1,999 | 1,661 | 826 | 377 | -151 | -596 | -310 | -72.84 | 403 | 776 | 779 | 935 | 941 | 988 | 1,632 | 1,329 |
Net Income Margin | -100.0% | - | 0.45* | 0.40* | 0.37* | 0.35* | 0.29* | 0.29* | 0.17* | 0.09* | -0.05* | -0.23* | -0.11* | -0.02* | 0.09* | 0.17* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 6,685 | 7,040 | 6,709 | 5,503 | 4,438 | 3,974 | 3,216 | 2,492 | 1,799 | 1,422 | 1,739 | 2,254 | 3,058 | 3,116 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 1.8% | 21,814 | 21,420 | 20,878 | 22,412 | 20,929 | 19,673 | 18,591 | 15,506 | 14,877 | 14,821 | 14,633 | 14,728 | 14,766 | 15,757 | 15,728 | 15,771 | 15,829 | 15,634 | 15,298 | 15,031 | 14,798 |
Current Assets | 0.6% | 2,052 | 2,040 | 2,144 | 3,964 | 2,937 | 2,067 | 1,564 | 1,979 | 1,292 | 1,062 | 853 | 700 | 428 | 1,295 | 1,207 | 1,226 | 1,414 | 1,484 | 1,412 | 1,369 | 1,441 |
Cash Equivalents | -74.9% | 14.00 | 56.00 | 138 | 1,813 | 553 | 4.00 | 21.00 | 694 | 150 | 96.00 | 47.00 | 21.00 | 7.00 | 518 | 39.00 | 35.00 | 206 | 264 | 283 | 13.00 | 130 |
Net PPE | 1.7% | 19,455 | 19,121 | 18,472 | 18,249 | 17,881 | 17,466 | 16,975 | 13,475 | 13,551 | 13,724 | 13,737 | 14,004 | 14,313 | 14,436 | 14,498 | 14,521 | 14,388 | 14,118 | 13,870 | 13,645 | 13,340 |
Current Liabilities | -2.9% | 2,889 | 2,975 | 3,085 | 3,311 | 2,970 | 2,178 | 1,500 | 1,405 | 1,159 | 1,232 | 861 | 748 | 610 | 1,082 | 1,336 | 1,372 | 1,368 | 1,445 | 1,388 | 1,490 | 1,484 |
LT Debt, Current | 40.1% | 894 | 638 | 638 | 638 | 637 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
LT Debt, Non Current | -3.1% | 7,143 | 7,374 | 7,572 | 5,664 | 5,663 | 6,563 | 6,827 | 4,742 | 4,741 | 4,971 | 5,530 | 5,629 | 5,741 | 5,965 | 5,324 | 5,568 | 5,767 | 5,767 | 5,766 | 5,955 | 6,164 |
Shareholder's Equity | 4.1% | 8,333 | 8,008 | 6,757 | 9,935 | 9,386 | 8,270 | 7,856 | 7,221 | 6,956 | 6,697 | 6,423 | 6,504 | 6,571 | 6,797 | 7,108 | 6,914 | 6,830 | 6,638 | 6,422 | 5,939 | 5,613 |
Retained Earnings | 9.0% | 8,330 | 7,639 | 6,754 | 8,873 | 7,961 | 6,854 | 6,340 | 5,670 | 5,356 | 5,107 | 4,848 | 4,940 | 5,020 | 5,259 | 5,463 | 5,269 | 5,111 | 4,893 | 4,706 | 4,508 | 4,194 |
Additional Paid-In Capital | - | - | - | - | 1,059 | 1,043 | 1,035 | 1,132 | 1,175 | 1,226 | 1,213 | 1,205 | 1,189 | 1,173 | 1,158 | 1,275 | 1,278 | 1,368 | 1,426 | 1,435 | 1,426 | 1,415 |
Shares Outstanding | 0% | 300 | 300 | 300 | 363 | 363 | 363 | 364 | 366 | 368 | 367 | 365 | 365 | 365 | 365 | 371 | 372 | 375 | 377 | 376 | 376 | 376 |
Minority Interest | -0.9% | 363 | 366 | 372 | 377 | 378 | 378 | 381 | 372 | 370 | 373 | 366 | 371 | 375 | 377 | 367 | 362 | 346 | 315 | 277 | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | -12.3% | 5,863 | 6,685 | 7,040 | 6,709 | 5,503 | 4,438 | 3,974 | 3,216 | 2,492 | 1,799 | 1,422 | 1,739 | 2,254 | 3,058 | 3,116 | 3,267 | 3,321 | 3,291 | 3,456 | 3,232 | 2,803 |
Share Based Compensation | -1.2% | 187 | 189 | 218 | 79.00 | 77.00 | 76.00 | 63.00 | 61.00 | 63.00 | 65.00 | 65.00 | 63.00 | 59.00 | 56.00 | 52.00 | 51.00 | 50.00 | 48.00 | 47.00 | 47.00 | 47.00 |
Cashflow From Investing | -4.8% | -3,682 | -3,514 | -3,534 | -6,563 | -6,066 | -5,602 | -4,989 | -1,453 | -1,263 | -1,232 | -1,511 | -1,699 | -2,233 | -2,725 | -2,771 | -3,010 | -3,074 | -2,985 | -2,860 | -2,538 | -2,273 |
Cashflow From Financing | 12.8% | -2,719 | -3,119 | -3,388 | 973 | 967 | 1,072 | 989 | -1,090 | -1,084 | -987 | 97.00 | -52.71 | -221 | -79.19 | -587 | -234 | -170 | -140 | -356 | -691 | -416 |
Dividend Payments | -49.5% | 102 | 203 | 284 | 356 | 310 | 249 | 166 | 94.00 | 40.00 | 0.00 | 18.00 | 37.00 | 37.00 | 37.00 | 18.00 | - | - | - | - | - | - |
Buy Backs | -73.7% | 2.00 | 9.00 | 35.00 | 37.00 | 36.00 | 30.00 | 13.00 | 10.00 | 10.00 | 10.00 | 7.00 | -142 | -142 | -142 | 22.00 | 22.00 | 22.00 | 22.00 | - | 5.00 | 5.00 |
Unaudited Condensed Consolidated Statements of Income - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenues: | ||||
Crude oil, natural gas, and natural gas liquids sales | $ 1,789,621 | $ 2,829,173 | $ 3,581,341 | $ 5,103,434 |
Gain (loss) on derivative instruments, net | 223,127 | (195,744) | 605,906 | (671,682) |
Crude oil and natural gas service operations | 24,243 | 17,045 | 43,597 | 34,960 |
Total revenues | 2,036,991 | 2,650,474 | 4,230,844 | 4,466,712 |
Operating costs and expenses: | ||||
Production expenses | 174,408 | 153,238 | 356,394 | 290,518 |
Production and ad valorem taxes | 141,653 | 204,246 | 277,828 | 362,611 |
Transportation, gathering, processing, and compression | 80,525 | 76,352 | 158,394 | 151,201 |
Exploration expenses | 4,533 | 4,634 | 7,911 | 17,651 |
Crude oil and natural gas service operations | 21,148 | 10,444 | 38,980 | 19,005 |
Depreciation, depletion, amortization and accretion | 550,169 | 446,633 | 1,026,623 | 905,662 |
Property impairments | 22,368 | 15,826 | 35,442 | 40,074 |
General and administrative expenses | 55,113 | 62,574 | 118,384 | 137,411 |
Net (gain) loss on sale of assets and other | (161) | 10 | (347) | (155) |
Total operating costs and expenses | 1,049,756 | 973,957 | 2,019,609 | 1,923,978 |
Income from operations | 987,235 | 1,676,517 | 2,211,235 | 2,542,734 |
Other income (expense): | ||||
Interest expense | (105,448) | (72,236) | (205,129) | (144,791) |
Gain (loss) on extinguishment of debt | (403) | 0 | (403) | |
Other | 2,905 | 1,240 | 4,659 | 13 |
Total other income (expense) | (102,543) | (71,399) | (200,470) | (145,181) |
Income before income taxes | 884,692 | 1,605,118 | 2,010,765 | 2,397,553 |
Provision for income taxes | (193,388) | (389,271) | (433,144) | (580,355) |
Income before equity in net loss of affiliate | 691,304 | 1,215,847 | 1,577,621 | 1,817,198 |
Equity in net loss of affiliate | (495) | (76) | (1,158) | (76) |
Net income | 690,809 | 1,215,771 | 1,576,463 | 1,817,122 |
Net income (loss) attributable to noncontrolling interests | (4) | 7,024 | 1,353 | 10,618 |
Net income attributable to Continental Resources | $ 690,813 | $ 1,208,747 | $ 1,575,110 | $ 1,806,504 |
Basic net income (loss) per share (in dollars per share) | $ 2.31 | $ 3.38 | $ 5.26 | $ 5.05 |
Diluted net income (loss) per share (in dollars per share) | $ 2.31 | $ 3.35 | $ 5.26 | $ 4.99 |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 13,963 | $ 137,788 |
Receivables: | ||
Crude oil, natural gas, and natural gas liquids sales | 1,049,728 | 1,313,538 |
Joint interest and other | 515,106 | 458,391 |
Allowance for credit losses | (4,049) | (5,514) |
Receivables, net | 1,560,785 | 1,766,415 |
Derivative assets | 246,684 | 39,280 |
Inventories | 196,740 | 173,264 |
Prepaid expenses and other | 33,643 | 27,508 |
Total current assets | 2,051,815 | 2,144,255 |
Net property and equipment, based on successful efforts method of accounting | 19,455,143 | 18,471,914 |
Investment in unconsolidated affiliates | 227,223 | 210,805 |
Operating lease right-of-use assets | 24,307 | 25,158 |
Derivative assets, noncurrent | 37,016 | 3,548 |
Other noncurrent assets | 18,240 | 22,670 |
Total assets | 21,813,744 | 20,878,350 |
Current liabilities: | ||
Accounts payable trade | 906,856 | 850,547 |
Revenues and royalties payable | 658,164 | 882,256 |
Accrued liabilities and other | 279,457 | 343,777 |
Current portion of incentive compensation liability | 87,636 | 125,653 |
Current portion of income tax liabilities | 57,048 | 152,149 |
Derivative liabilities | 0 | 88,136 |
Current portion of operating lease liabilities | 4,932 | 4,086 |
Current portion of long-term debt | 894,452 | 638,058 |
Total current liabilities | 2,888,545 | 3,084,662 |
Long-term debt, net of current portion | 7,143,076 | 7,571,582 |
Other noncurrent liabilities: | ||
Deferred income tax liabilities, net | 2,720,305 | 2,538,312 |
Incentive compensation liability, noncurrent | 22,331 | 100,066 |
Asset retirement obligations, noncurrent | 262,697 | 257,152 |
Derivative liabilities, noncurrent | 31,875 | 133,363 |
Operating lease liabilities, noncurrent | 18,363 | 20,055 |
Other noncurrent liabilities | 31,107 | 43,550 |
Total other noncurrent liabilities | 3,086,678 | 3,092,498 |
Commitments and contingencies (Note 9) | ||
Equity: | ||
Preferred stock, $0.01 par value; 25,000,000 shares authorized; no shares issued and outstanding | 0 | 0 |
Common stock, $0.01 par value; 1,000,000,000 shares authorized 299,610,267 shares issued and outstanding at June 30, 2023; 299,610,267 shares issued and outstanding at December 31, 2022; | 2,996 | 2,996 |
Retained earnings | 8,329,936 | 6,754,174 |
Total shareholders’ equity attributable to Continental Resources | 8,332,932 | 6,757,170 |
Noncontrolling interests | 362,513 | 372,438 |
Total Equity | 8,695,445 | 7,129,608 |
Total liabilities and equity | $ 21,813,744 | $ 20,878,350 |