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CLR

Continental Resources Inc (OKLA)

$69.65

Earnings Summary

Revenue
$2650.47Mn
Net Profits
$1208.75Mn
Net Profit Margins
45.6%
PE Ratio
8.41

Highlights

Revenue:

Continental Resources Inc (OKLA)’s revenue jumped 114.59% since last year same period to $2650.47Mn in the Q2 2022. On a quarterly growth basis, Continental Resources Inc (OKLA) has generated 45.93% jump in its revenue since last 3-months.

Net Profits:

Continental Resources Inc (OKLA)’s net profit jumped 317.78% since last year same period to $1208.75Mn in the Q2 2022. On a quarterly growth basis, Continental Resources Inc (OKLA) has generated 102.21% jump in its net profits since last 3-months.

Net Profit Margins:

Continental Resources Inc (OKLA)’s net profit margin jumped 94.69% since last year same period to 45.6% in the Q2 2022. On a quarterly growth basis, Continental Resources Inc (OKLA) has generated 38.57% jump in its net profit margins since last 3-months.

PE Ratio:

Continental Resources Inc (OKLA)’s price-to-earnings ratio after this Q2 2022 earnings stands at 8.41.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Continental Resources Inc (OKLA) post its latest quarter earnings

EPS Estimate Current Quarter
3.35
EPS Estimate Current Year
3.35

Highlights

EPS Estimate Current Quarter:

Continental Resources Inc (OKLA)’s earning per share (EPS) estimates for the current quarter stand at 3.35 - a 5.35% jump from last quarter’s estimates.

EPS Estimate Current Year:

Continental Resources Inc (OKLA)’s earning per share (EPS) estimates for the current year stand at 3.35.

Key Ratios

Key ratios of the Continental Resources Inc (OKLA) post its Q2 2022 earnings

Earning Per Share (EPS)
3.47
Return on Assets (ROA)
0.15
Return on Equity (ROE)
0.36
Dividend Per Share (DPS)
0.86

Highlights

Earning Per Share (EPS):

Continental Resources Inc (OKLA)’s earning per share (EPS) jumped 281.32% since last year same period to 3.47 in the Q2 2022. This indicates that the Continental Resources Inc (OKLA) has generated 281.32% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Continental Resources Inc (OKLA)’s return on assets (ROA) stands at 0.15.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Continental Resources Inc (OKLA)’s return on equity (ROE) stands at 0.36.

Dividend Per Share (DPS):

Continental Resources Inc (OKLA) declared 0.86 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-04
2.37
2.65
11.81%
2022-07-28
3.18
3.47
9.12%

Company Information

Continental Resources is a top 10 independent oil producer in the U.S. and a leader in America's energy renaissance. Based in Oklahoma City, Continental is the largest leaseholder and the largest producer in the nation's premier oil field, the Bakken play of North Dakotaand Montana. The Company also has significant positions in Oklahoma, including its SCOOP Woodford and SCOOP Springer discoveries and the STACK plays. With a focus on the exploration and production of oil, Continental has unlocked the technology and resources vital to American energy independence and its nation's leadership in the new world oil market. In 2021, the Company will celebrate 54 years of operations.

Organisation
Continental Resources Inc (OKLA)
Employees
1.2K
Industry
Energy Minerals