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Continental Resources Inc (CLR) |
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Continental Resources Inc's Customers Performance
CLR
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CLR's Source of Revenues |
for the same period Continental Resources Inc recorded revenue increase by 82.44 % year on year, sequentially revnue fell by -7.67 %.
• List of CLR Customers
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for the same period Continental Resources Inc recorded revenue increase by 82.44 % year on year, sequentially revnue fell by -7.67 %.
• List of CLR Customers
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Continental Resources Inc's Comment on Sales, Marketing and Customers
Most of our crude oil production is sold to either crude oil refining companies
or midstream marketing companies at major market centers. Other production not
sold at major market centers is sold at the lease. In the Bakken and SCOOP areas
we have significant production directly connected to pipeline gathering systems,
with the remaining balance of production primarily being transported by truck.
Additionally in the Bakken, a portion of our production is sold onto rail delivery
systems. Where directly marketed crude oil is transported by truck, it is delivered
to a point on a pipeline system for further delivery, or is delivered directly
to a refinery. Where crude oil is sold at the lease the sale is complete at that
point.
The majority of our natural gas production is sold at our lease locations to midstream
purchasers under term contracts. These contracts include multi-year term agreements,
many with acreage dedication. Some of our contracts allow us the flexibility to
accept, as partial payment for our sale of gas in the field, an “in-kind”
volume of processed gas at the tailgate of the midstream purchaser’s processing
plant. When we elect to do so, we transport this processed gas to a downstream
market where it is sold. Sales at these downstream markets are mostly under monthly
interruptible packaged volume deals, short term seasonal packages, and long term
multi-year contracts. We continue to develop relationships and have the potential
to enter into additional contracts with end-use customers, including utilities,
industrial users, and liquefied natural gas exporters, for sale of gas we elect
to take in-kind in lieu of cash for our leasehold sales.
Continental Resources Inc's Comment on Sales, Marketing and Customers
Most of our crude oil production is sold to either crude oil refining companies
or midstream marketing companies at major market centers. Other production not
sold at major market centers is sold at the lease. In the Bakken and SCOOP areas
we have significant production directly connected to pipeline gathering systems,
with the remaining balance of production primarily being transported by truck.
Additionally in the Bakken, a portion of our production is sold onto rail delivery
systems. Where directly marketed crude oil is transported by truck, it is delivered
to a point on a pipeline system for further delivery, or is delivered directly
to a refinery. Where crude oil is sold at the lease the sale is complete at that
point.
The majority of our natural gas production is sold at our lease locations to midstream
purchasers under term contracts. These contracts include multi-year term agreements,
many with acreage dedication. Some of our contracts allow us the flexibility to
accept, as partial payment for our sale of gas in the field, an “in-kind”
volume of processed gas at the tailgate of the midstream purchaser’s processing
plant. When we elect to do so, we transport this processed gas to a downstream
market where it is sold. Sales at these downstream markets are mostly under monthly
interruptible packaged volume deals, short term seasonal packages, and long term
multi-year contracts. We continue to develop relationships and have the potential
to enter into additional contracts with end-use customers, including utilities,
industrial users, and liquefied natural gas exporters, for sale of gas we elect
to take in-kind in lieu of cash for our leasehold sales.
CLR's vs. Customers, Data
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
| COMPANY NAME |
MARKET CAP |
REVENUES |
INCOME |
EMPLOYEES |
| Continental Resources Inc |
26,872.66 |
8,840.91 |
3,583.10 |
1,080 |
| SUBTOTAL |
0.00 |
0.00 |
0.00 |
- |
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