Continental Resources Inc.

Completion of Previously Announced Merger and Going Private Transaction Expected Later Today Continental Resources Inc. today announced that it is initiating the final steps in closing its previously announced merger with Omega Acquisition, Inc. . Following the completion of the merger, shares of Continental common stock are expected to cease trading on the New York Stock Exchange prior to market open on Wednesday [...]

Strong 3Q22 Results • $2.22 B Cash Flow from Operations & $1.01 B Free Cash Flow • $1.01 B Net Income; $2.80 per Diluted Share ) • Total Debt of $6.30 B & Net Debt of $4.49 B as of 9/30/22 Reduction in 3Q22) • More Than $4.00 B of Total Liquidity, Inclusive of Undrawn $2.25 B Revolver & $1.81 B Cash Balance as of 9/30/22 Continental Resources Inc. today announced its third quarter 2022 operating and [...]

Continental Resources Inc. plans to announce third quarter 2022 results and file the Company's Quarterly Report on Form 10-Q on Wednesday, November 2, 2022, after the close of trading on the New York Stock Exchange. The Company also plans to publish a third quarter 2022 summary presentation to its website at www.CLR.com on Wednesday, November 2, 2022. The Company does not intend to host a conference call in connection [...]

Omega Acquisition, Inc. , an Oklahoma corporation, 100% of the capital stock of which is owned by Harold G. Hamm, the founder and Chairman of the Board of Directors of Continental Resources Inc. , today commenced a tender offer to acquire all of the outstanding shares of common stock, par value $0.01 per share of the Company, other than: Shares owned by Mr. Hamm, certain of his family members and their affiliated entities [...]

Continental Resources Inc. today announced that it has entered into an Agreement and Plan of Merger with Omega Acquisition, Inc., an Oklahoma corporation , an entity that is owned by Continental's founder, Harold G. Hamm. Pursuant to the Merger Agreement, Merger Sub will commence a tender offer to purchase any and all of the outstanding shares of Continental's common stock at $74.28 per share , other than shares of common [...]

Continental Resources Inc. today announced Doug Lawler is being promoted to President and Chief Operating Officer. Logo - https://mma.prnewswire.com/media/95419/continental_resources_logo.jpg Doug joined Continental in February as Chief Operating Officer and Executive Vice President following three decades in the oil and gas industry. "Since joining Continental in February, Doug has provided strong complementary [...]

Strong 2Q22 Results • $1.74 B Cash Flow from Operations & $1.23 B Free Cash Flow • $1.21 B Net Income; $3.35 per Diluted Share ) • $265.2 MM Total Debt Reduction and $814.2 MM Net Debt Reduction in 2Q22 Declaring $0.28 per Share Quarterly Dividend Updating Various 2022 Guidance Metrics & Differentials • Increasing Projected Return on Capital Employed to ~32% from Previous ~31% • Improving 2022 [...]

Continental Resources Inc. plans to announce second quarter 2022 results and file the Company's Quarterly Report on Form 10-Q on Thursday, July 28, 2022, after the close of trading on the New York Stock Exchange. The Company also plans to publish a second quarter 2022 summary presentation to its website at www.CLR.com on Thursday, July 28, 2022. The Company does not intend to host a conference call in connection with its [...]

Continental Resources Inc. today announced that its board of directors has received a non-binding proposal letter, dated June 13, 2022, from Harold G. Hamm, on behalf of himself, the Harold G. Hamm Trust and certain trusts established for the benefit of Mr. Hamm's family members to acquire for cash all of the outstanding shares of common stock of Continental, other than shares of Common Stock owned by the Hamm Family and [...]

Outstanding 1Q22 Results • $1.50 B Cash Flow from Operations & $1.15 B Free Cash Flow • $597.8 MM Net Income; $1.65 per Diluted Share ) Increasing Shareholder Return of Capital • Quarterly Dividend Increased to $0.28 per Share • $100 MM Shares Repurchased in 1Q22 • $264 MM Total Debt Reduction in 1Q22 Enhancing 2022 Projections • Increased Projected Return on Capital Employed to ~31% from Previous 21% • Increased Avg [...]