Continental Resources (CLR)
Posted: Wed May 07, 2014 6:06 pm
Results came in slightly above my forecast. I will update my forecast in the morning. - Dan
OKLAHOMA CITY, May 7, 2014 /PRNewswire/ -- Continental Resources, Inc. (CLR) ("Continental" or the "Company") today announced first quarter 2014 operating and financial results. Net income for the quarter ended March 31, 2014 was $226 million, or $1.22 per diluted share, compared with net income of $133 million, or $0.72 per diluted share, for fourth quarter 2013. Excluding items typically excluded from published analyst estimates, adjusted net income for first quarter 2014 was $272 million, or $1.47 per diluted share, a 19% increase over adjusted net income of $228 million, or $1.23 per diluted share, for fourth quarter 2013.
OKLAHOMA CITY, May 7, 2014 /PRNewswire/ -- Continental Resources, Inc. (CLR) ("Continental" or the "Company") today announced first quarter 2014 operating and financial results. Net income for the quarter ended March 31, 2014 was $226 million, or $1.22 per diluted share, compared with net income of $133 million, or $0.72 per diluted share, for fourth quarter 2013. Excluding items typically excluded from published analyst estimates, adjusted net income for first quarter 2014 was $272 million, or $1.47 per diluted share, a 19% increase over adjusted net income of $228 million, or $1.23 per diluted share, for fourth quarter 2013.