Continental Resources, Inc. (CLR) financial statements (2020 and earlier)

Company profile

Business Address 20 NORTH BROADWAY
OKLAHOMA CITY, OK 73102
State of Incorp. OK
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments392834417112428
Cash and cash equivalents392834417112428
Receivables1,0411,0121,0987706111,133643
Inventory, net of allowances, customer advances and progress billings110899711294170
Inventory110899711294170 
Prepaid expense    0  
Derivative instruments and hedges, assets 163494524
Other undisclosed current assets17131011129472
Total current assets:1,2071,4121,2529138221,3901,147
Noncurrent Assets
Operating lease, right-of-use asset9
Property, plant and equipment14,49813,87012,93412,88114,06313,63610,721
Oil and gas property, successful effort method     18,012 
Derivative instruments and hedges    1532 
Regulated entity, other noncurrent assets     8873
Other noncurrent assets1416141720  
Other undisclosed noncurrent assets     (18,012) 
Total noncurrent assets:14,52113,88612,94812,89914,09713,75510,794
TOTAL ASSETS:15,72815,29814,20013,81214,92015,14511,941
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities8609849536537301,914240
Accounts payable6297186934765531,264 
Accrued liabilities230267260177177405198
Employee-related liabilities     4042
Taxes payable     145 
Interest and dividends payable     61 
Debt6222222
Derivative instruments and hedges, liabilities   594291
Asset retirement obligation     11
Due to related parties 00007 
Deferred tax liabilities   361451
Other undisclosed current liabilities470401375217151(120)1,139
Total current liabilities:1,3361,3881,3309329231,9521,473
Noncurrent Liabilities
Long-term debt and lease obligation5,3305,7666,3516,5787,1165,9964,714
Long-term debt, excluding current maturities5,3245,7666,3516,5787,1165,9964,714
Operating lease, liability5
Liabilities, other than long-term debt1671,7231,3872,0002,2122,2291,801
Asset retirement obligations152137112941017554
Deferred tax liabilities, net1,5741,2601,8902,0902,1411,737
Other liabilities151115151792
Derivative instruments and hedges, liabilities    438
Other undisclosed noncurrent liabilities1,787      
Total noncurrent liabilities:7,2847,4897,7388,5779,3288,2256,515
Total liabilities:8,6208,8769,0689,51010,25110,1777,988
Stockholders' equity
Stockholders' equity attributable to parent6,7426,1455,1314,3024,6694,9683,953
Common stock4444442
Additional paid in capital1,2751,4351,4091,3751,3461,2881,252
Accumulated other comprehensive income (loss) 00(0)(3)(0) 
Retained earnings5,4634,7063,7182,9233,3233,6772,699
Stockholders' equity attributable to noncontrolling interest367277     
Total stockholders' equity:7,1086,4225,1314,3024,6694,9683,953
TOTAL LIABILITIES AND EQUITY:15,72815,29814,20013,81214,92015,14511,941

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues4,6324,7103,1211,9802,6804,8023,455
Revenue, net2,9832,0272,5534,2033,607
Cost of revenue
(Cost of Goods and Services Sold)
  (324)(289)(2)(352)(287)
Gross profit:4,6324,7102,7971,6912,6794,4493,168
Operating expenses(3,375)(3,116)(2,671)(2,268)(2,904)(2,934)(2,009)
Other undisclosed operating income  3242892352287
Operating income (loss):1,2571,594449(288)(224)1,8681,446
Nonoperating expense(270)(297)(293)(345)(311)(306)(233)
Investment income, nonoperating     560(192)
Interest and debt expense(5)(7)(1)(26)(313)(308)(235)
Other undisclosed income from continuing operations before equity method investments, income taxes57126313308235
Income (loss) from continuing operations before income taxes:9871,297156(632)(535)1,5621,213
Income tax expense (benefit)(213)(307)633233181(585)(449)
Net income (loss):774990789(400)(354)977764
Net income (loss) attributable to noncontrolling interest1(1)     
Net income (loss) available to common stockholders, diluted:776988789(400)(354)977764

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):774990789(400)(354)977764
Other comprehensive income (loss)(0)013(3)(0) 
Comprehensive income (loss):774990790(397)(357)977764
Comprehensive income (loss), net of tax, attributable to noncontrolling interest1(1)     
Comprehensive income (loss), net of tax, attributable to parent:775988790(397)(357)977764

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: