Continental Resources (CLR) Misses Q1 EPS by 4c
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Continental Resources Reports First Quarter 2016 Results
May 4, 2016 4:15 PM EDTOKLAHOMA CITY, May 4, 2016 /PRNewswire/ -- Continental Resources, Inc. (NYSE: CLR) (the "Company") today reported a net loss of $198.3 million, or $0.54 per diluted share, for the quarter ended March 31, 2016. Adjusted net loss for first quarter 2016 was $150.5 million, or $0.41 per diluted share.Â
EBITDAX for first quarter 2016 was $314.6 million. Definitions and reconciliations of adjusted net loss, adjusted earnings per share and EBITDAX to the most directly comparable U.S. generally accepted accounting principles (GAAP) financial measures can be found in the supporting tables at the conclusion of this press release.
"We started 2016... More
