CONTINENTAL RESOURCES, INC CLR Cash Flow

Continental resources, inc (CLR)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows from operating activities
Net income (loss)
-186,784	194,108	157,422	236,450	186,493	199,120	314,170	242,464	233,946	841,914	10,621	-63,557	469	27,669	-109,621	-119,401	-198,326	-139,676	-82,424	403	-131,971	114,048	533,521	103,538	226,234	132,824	167,498	323,270	140,627	220,511	44,096	405,684	69,094	-112,064	439,143	239,194	-137,201	-45,028	39,077	101,741	72,465
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation, Depletion, Amortization and Accretion
536,786	553,848	482,673	486,622	496,561	488,442	468,459	446,658	455,559	471,123	424,905	393,425	381,385	387,287	414,259	442,570	465,451	460,296	447,942	447,190	391,026	398,038	363,635	325,523	281,115	270,708	246,090	233,175	215,464	194,339	185,992	164,094	150,273	125,563	105,097	84,422	76,762	69,427	61,904	59,238	52,179
Property impairments
222,529	19,348	20,199	21,339	25,316	38,495	23,769	29,162	33,784	27,551	35,130	123,317	51,372	34,564	57,689	66,112	78,927	81,001	96,698	76,871	147,561	393,803	85,561	79,316	58,208	58,548	42,167	79,712	40,081	29,121	27,375	35,871	29,907	42,143	26,225	19,242	20,848	15,564	14,698	19,514	15,175
Non-cash loss on derivatives
0	-16,915	-29,289	44,778	-14,186	25,022	-548	-17,443	5,978	-7,450	-2,939	23,265	45,155	-51,612	9,963	-116,835	1,863	-4,479	34,610	-17,919	9,320	-94,609	473,809	-198,381	-6,410	-92,558	-163,425	203,808	-78,021	6,985	-156,900	478,784	-129,132	-399,414	536,227	231,331	-364,087	-194,419	-36,552	86,766	-22,052
Stock-based compensation
16,441	14,847	12,870	12,176	12,107	13,991	11,731	10,562	10,916	13,410	11,919	9,133	11,438	13,824	13,228	11,840	9,206	11,544	12,861	16,166	11,263	14,934	13,402	14,978	11,039	10,430	10,462	9,756	9,242	8,253	7,499	7,790	5,515	4,830	4,245	3,855	3,642	3,095	2,626	3,118	2,852
Provision (benefit) for deferred income taxes
-50,012	-	49,747	75,649	51,990	-	105,244	75,232	71,536	-	6,771	-37,855	6,021	-	-65,266	-72,638	-121,352	-82,796	-48,755	4,136	-54,026	79,940	314,166	59,256	131,315	82,022	93,981	184,028	82,590	81,751	32,805	249,888	40,850	-79,151	262,117	146,391	-84,154	-38,806	20,665	55,084	40,416
Dry hole costs
6,259	-	-	-	0	-	-	-	-	-	0	0	157	4,633	27	206	0	198	180	-398	8,401	14,537	4,759	4,383	0	170	1,117	5,802	2,261	448	221	10	88	4,191	388	1,866	1,504	1,081	1,534	376	33
Net (gain) loss on sale of assets and other
-4,502	1,182	-535	-364	252	8,439	1,510	6,710	41	54,421	3,562	779	-3,638	201,315	6,158	96,907	109	219	287	20,573	2,070	1,552	5,411	2,135	-8,498	-24	325	-349	136	68,908	115	17,397	49,627	5,451	-188	318	15,257	-3,267	-491	33,124	222
Gain on extinguishment of debt
17,600	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-2,911	-2,372	-3,500	-853	-3,683	-5,636	-3,909	-3,762	-3,398	-5,063	-2,616	-1,990	-3,099	-2,646	-2,414	-2,238	-2,514	-2,503	-4,755	-3,127	-2,261	-1,651	-1,575	-2,657	-1,754	2,271	-1,842	-1,076	-1,390	-1,403	-1,329	-1,447	-828	-861	-1,001	-870	-929	-735	-6,377	1,790	956
Changes in assets and liabilities:
Accounts receivable
-344,845	-8,650	27,125	-62,883	78,027	-233,984	60,176	117,311	-38,268	175,021	135,443	-2,706	22,053	155,749	-32,305	101,778	-66,839	-173,664	-212,427	34,206	-173,088	-62,544	47,357	90,964	53,857	-12,033	77,629	22,424	78,118	-20,525	130,691	-38,296	19,921	117,075	47,926	52,070	77,631	106,510	88,085	43,841	61,044
Inventories
-22,417	-663	-571	7,696	14,742	-15,587	-10,052	8,141	9,763	-7,781	8,248	-1,687	-13,297	19,093	-10,002	10,064	-1,319	1,140	-7,199	-8,174	6,236	37,795	4,605	5,850	17,669	-832	13,187	-19,653	14,995	880	-3,927	7,578	2,634	-20,131	11,065	-1,408	13,886	7,306	-8,162	12,144	363
Other current assets
4,848	651	-3,342	1,364	5,786	-1,227	-3,372	1,795	6,343	-309	-2,954	-886	3,111	-578	-2,515	43	2,082	-1,222	-13,710	-1,594	-48,967	50,472	-921	7,413	525	419	4,592	5,542	984	-19,461	8,032	-1,468	-1,484	-15,608	17,272	1,152	513	4,503	282	1,643	-4,030
Accounts payable trade
70,084	-92,983	18,448	13,835	24,341	-23,434	-71,002	55,403	48,307	9,002	22,896	43,696	61,745	28,727	10,728	-22,328	-31,531	-23,434	-71,826	-111,359	5,185	3,243	37,792	30,651	13,854	-44,016	129,588	16,610	5,068	18,431	-5,257	-19,893	-1,768	62,701	4,494	13,064	3,648	46,604	-53,194	83,344	69,719
Revenues and royalties payable
-231,990	69,504	61,163	-67,754	6,282	-62,804	80,957	-12,684	18,541	110,535	27,342	562	20,543	41,557	-10,360	16,638	-17,380	-40,724	-27,441	28,255	-45,844	-50,522	-9,551	7,428	34,623	-18,210	33,691	12,989	-69	-9,469	45,022	-1,301	5,778	33,083	11,919	2,405	41,569	37,546	15,663	5,479	7,574
Accrued liabilities and other
-70,274	-20,760	-9,975	-5,169	-563	15,515	-37,227	23,398	-5,848	8,318	31,018	-5,630	-12,338	-23,294	7,064	-14,459	29,806	-5,109	-18,785	-42,702	-17,460	42,235	7,459	18,377	-9,191	2,469	25,773	38,358	-22,340	-7,931	15,999	26,293	5,948	3,772	233	5,439	11,340	-6,166	42,943	2,133	8,932
Other noncurrent assets and liabilities
-1,417	3,786	-271	-14	-81	38	1,319	-3,641	-91	-1,318	-449	55	-306	-7,458	7,844	-2	-2,517	-200	213	25	1,365	-1,377	-1,177	3,665	-1,146	-12,860	1,607	5,830	9	-284	-3	-2	-3	-455	-1,712	46	-52	-362	1,476	1,134	38
Net cash provided by operating activities
663,818	803,812	806,972	783,396	721,508	955,267	860,748	753,802	886,191	731,125	431,409	446,371	470,201	262,031	366,167	218,819	278,902	441,609	498,680	394,622	522,190	1,077,864	845,398	741,791	690,662	584,842	821,508	698,834	458,111	484,168	377,067	405,886	364,944	398,101	240,848	233,331	195,635	157,827	105,115	199,537	190,688
Cash flows from investing activities
Exploration and development
673,191	514,555	740,572	795,252	732,770	747,870	758,329	716,481	618,200	486,951	567,876	488,519	388,596	275,203	253,802	266,036	359,090	444,380	625,480	705,635	1,267,252	1,349,141	1,202,457	1,059,188	993,682	893,325	944,233	965,692	857,523	909,218	805,626	766,500	1,012,308	679,889	448,274	449,403	348,011	311,656	250,359	312,859	156,625
Purchase of producing crude oil and natural gas properties
19,258	2,234	28,797	4,678	15,849	6,103	1,379	21,450	2,647	4,966	2,668	675	137	4,979	29	0	0	0	0	425	132	612	14,699	3,328	30,278	4,200	3,093	5,979	3,332	508,466	-744	5,601	57,662	62,544	2,622	149	0	19	7,168	23	128
Purchase of other property and equipment
14,923	3,108	13,027	4,897	4,951	26,447	3,519	4,784	7,421	2,302	1,136	3,036	6,336	-194	702	2,940	1,927	4,960	9,542	10,526	11,923	11,428	22,145	-1,124	30,953	20,112	23,397	5,896	12,649	7,996	13,242	22,267	9,963	7,301	8,612	-606	29,443	24,111	6,192	7,998	6,263
Proceeds from sale of assets
633	1,868	86,214	153	499	23,731	3,347	27,323	57	59,628	76,746	2,181	5,798	297,244	222,106	109,993	2,206	792	626	31,687	903	42	90,328	3,585	35,433	6,014	21,512	543	351	113,437	489	15,991	84,818	8,159	-15	653	22,131	5,323	17,330	20,226	1,106
Net cash used in investing activities
-706,739	-518,029	-696,182	-804,674	-753,071	-756,689	-759,880	-715,392	-628,211	-434,591	-494,934	-490,049	-389,271	17,256	-32,427	-158,983	-358,811	-448,548	-634,396	-684,899	-1,278,404	-1,361,139	-1,148,973	-1,057,807	-1,019,480	-911,623	-949,211	-977,024	-873,153	-1,312,243	-817,635	-778,377	-995,115	-741,575	-459,523	-448,293	-355,323	-330,463	-246,389	-300,654	-161,910
Cash flows from financing activities
Credit facility borrowings
1,130,000	440,000	531,000	145,000	100,000	318,000	903,000	433,000	370,000	317,000	445,000	284,000	256,000	776,000	277,000	350,000	288,000	221,000	405,000	445,000	930,000	590,000	0	580,000	525,000	500,000	30,000	0	440,000	595,000	285,000	521,000	718,000	358,000	0	0	135,000	52,000	120,000	125,000	44,000
Repayment of credit facility
450,000	685,000	231,000	145,000	100,000	508,000	713,000	433,000	558,000	1,067,000	387,000	239,000	326,000	436,000	597,000	405,000	201,000	713,000	285,000	175,000	140,000	425,000	0	1,210,000	170,000	225,000	30,000	1,035,000	0	0	822,000	160,000	900,000	0	0	0	165,000	22,000	234,000	209,000	72,000
Proceeds from issuance of Senior Notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,212,000	0	787,000	-	-	-	0	-	-	-	-
Redemption of Senior Notes
22,527	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	659,736	-	-	-	-
Proceeds from other debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	22,000	-	-	-	0	-	-	-	-
Repayment of other debt
603	598	592	586	576	579	573	568	566	500,560	555	551	548	543	537	534	530	526	520	517	515	510	504	500	499	494	488	484	485	478	473	469	159	-	-	-	0	-	-	-	-
Debt issuance costs
-	-	-	-	-	-8	19	5,212	312	1,999	0	0	0	0	0	0	40	2,487	0	11	2,099	27	125	7,874	0	2	32	2,063	168	256	3,034	240	3,843	-1	0	16	21	259	920	7,644	232
Contributions from noncontrolling interests
21,254	4,643	28,777	37,475	38,242	267,920	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to noncontrolling interests
5,212	3,671	3,327	3,292	3,874	604	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for Repurchase of Common Stock
126,906	18,274	102,304	69,661	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	69	299	-	-	-	-
Repurchase of restricted stock for tax withholdings
6,454	370	389	562	20,622	588	684	773	14,846	836	365	783	9,837	2,053	805	647	5,088	1,495	626	2,189	3,003	8,965	2,972	2,016	2,630	10,748	683	1,771	1,488	5,525	617	1,346	3,748	3,262	458	991	207	3,903	2,673	872	113
Payments of Dividends
18,460	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	60	4	0	6	3	6	248	0	3
Net cash provided by financing activities
521,092	-281,650	-282,002	-36,626	13,170	71,319	-217,976	-6,553	-203,724	-263,395	57,080	43,666	-80,385	-282,132	-330,802	-56,181	81,342	3,492	132,031	267,283	784,383	155,498	-321,098	1,041,444	351,871	263,756	-1,203	440,057	437,859	604,359	670,876	358,945	619,310	354,743	-458	-1,070	629,212	31,075	275,519	101,691	-28,342
Effect of exchange rate changes on cash
0	7	-10	15	15	-44	15	-13	-13	-2	20	14	0	-8	-2	-22	31	-2,045	-4,818	807	-4,905	-132	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in cash and cash equivalents
478,171	4,140	-171,222	-57,889	-18,378	269,853	-117,093	31,844	54,243	33,137	-6,425	2	545	-2,853	2,936	3,633	1,464	-5,492	-8,503	-22,187	23,264	-127,909	-624,673	725,428	23,053	-63,025	-128,906	161,867	22,817	-223,716	230,308	-13,546	-10,861	11,269	-219,133	-216,032	469,524	-141,561	134,245	574	436