Continental Resources, Inc. (CLR) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments214739283441711
Cash and cash equivalents214739283441711
Receivables1,3987021,0411,0121,098770611
Inventory, net of allowances, customer advances and progress billings10672110899711294
Inventory10672110899711294
Prepaid expense      0
Derivative instruments and hedges, assets2215 163494
Other undisclosed current assets17151713101112
Total current assets:1,5648531,2071,4121,252913822
Noncurrent Assets
Operating lease, right-of-use asset1699
Property, plant and equipment16,97513,73714,49813,87012,93412,88114,063
Derivative instruments and hedges13     15
Other noncurrent assets22351416141720
Total noncurrent assets:17,02713,78114,52113,88612,94812,89914,097
TOTAL ASSETS:18,59114,63315,72815,29814,20013,81214,920
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities868529860984953653730
Accounts payable582362629718693476553
Accrued liabilities286167230267260177177
Debt2262222
Derivative instruments and hedges, liabilities10   594
Due to related parties   0000
Deferred tax liabilities   36
Other undisclosed current liabilities629330470401375217151
Total current liabilities:1,5008611,3361,3881,330932923
Noncurrent Liabilities
Long-term debt and lease obligation6,8405,5365,3305,7666,3516,5787,116
Long-term debt, excluding current maturities6,8275,5305,3245,7666,3516,5787,116
Operating lease, liability1465
Liabilities, other than long-term debt2,3941,8141671,7231,3872,0002,212
Asset retirement obligations21617715213711294101
Deferred tax liabilities, net1,5741,2601,8902,090
Deferred income tax liabilities2,1401,620 
Other liabilities38151511151517
Derivative instruments and hedges, liabilities02    4
Other undisclosed noncurrent liabilities  1,787    
Total noncurrent liabilities:9,2357,3507,2847,4897,7388,5779,328
Total liabilities:10,7358,2108,6208,8769,0689,51010,251
Stockholders' equity
Stockholders' equity attributable to parent7,4756,0566,7426,1455,1314,3024,669
Common stock4444444
Additional paid in capital1,1321,2051,2751,4351,4091,3751,346
Accumulated other comprehensive income (loss)   00(0)(3)
Retained earnings6,3404,8485,4634,7063,7182,9233,323
Stockholders' equity attributable to noncontrolling interest381366367277   
Total stockholders' equity:7,8566,4237,1086,4225,1314,3024,669
TOTAL LIABILITIES AND EQUITY:18,59114,63315,72815,29814,20013,81214,920

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues5,7192,5864,6324,7103,1211,9802,680
Revenue, net2,9832,0272,553
Cost of revenue
(Cost of Goods and Services Sold)
    (324)(289)(2)
Gross profit:5,7192,5864,6324,7102,7971,6912,679
Operating expenses(3,258)(3,140)(3,375)(3,116)(2,671)(2,268)(2,904)
Other undisclosed operating income    3242892
Operating income (loss):2,462(554)1,2571,594449(288)(224)
Nonoperating expense(276)(221)(270)(297)(293)(345)(311)
Interest and debt expense(0)36(5)(7)(1)(26)(313)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (36)57126313
Income (loss) from continuing operations before equity method investments, income taxes:2,186(775)9871,297156(632)(535)
Other undisclosed income from continuing operations before income taxes0      
Income (loss) from continuing operations before income taxes:2,186(775)9871,297156(632)(535)
Income tax expense (benefit)(520)169(213)(307)633233181
Net income (loss):1,666(606)774990789(400)(354)
Net income (loss) attributable to noncontrolling interest(5)91(1)   
Net income (loss) available to common stockholders, diluted:1,661(597)776988789(400)(354)

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):1,666(606)774990789(400)(354)
Other comprehensive income (loss)  (0)013(3)
Comprehensive income (loss):1,666(606)774990790(397)(357)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(5)91(1)   
Comprehensive income (loss), net of tax, attributable to parent:1,661(597)775988790(397)(357)

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.

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