Continental Resources Announces Third Quarter 2021 Production Results & Record Free Cash Flow; Reschedules Third Quarter 2021 Earnings Release And Conference Call
Continental Resources, Inc. (CLR)
Last continental resources, inc. earnings: 2/26 04:15 pm
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US:NYSE Investor Relations:
clr.com/investors
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Source: PR Newswire
OKLAHOMA CITY, Oct. 26, 2021 /PRNewswire/ -- Continental Resources, Inc. (NYSE: CLR) (the "Company") today announced its third quarter 2021 production results and record free cash flow (non-GAAP) and rescheduled its third quarter 2021 earnings release and conference call. Logo - https://mma.prnewswire.com/media/95419/continental_resources_logo.jpg Third quarter 2021 total production averaged approximately 331.4 MBoepd. Third quarter 2021 oil production averaged approximately 157.2 MBopd. Third quarter 2021 natural gas production averaged approximately 1,046 MMcfpd.The Company generated approximately $1.02 billion of cash flow from operations and a Company record $669 million of free cash flow (non-GAAP) for the third quarter 2021. Non-acquisition capital expenditures attributable to the Company for third quarter 2021 totaled approximately $384 million. The Company has reduced its total debt to $4.74 billion and with a cash balance of $694 million, this equates to net debt (non-GAAP)
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