Continental Resources (Continental Resources) Total Assets : $22,412 Mil (As of Sep. 2022)

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What is Continental Resources Total Assets?

Continental Resources's Total Assets for the quarter that ended in Sep. 2022 was $22,412 Mil.

Total Assets is connected with ROA %. Continental Resources's annualized ROA % for the quarter that ended in Sep. 2022 was 18.70%. Total Assets is also linked to Revenue through Asset Turnover. Continental Resources's Asset Turnover for the quarter that ended in Sep. 2022 was 0.11.

Continental Resources Total Assets Historical Data

The historical data trend for Continental Resources's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Continental Resources Total Assets Chart

Continental Resources Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Total Assets

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14,199.65

15,297.95

15,727.91

14,633.10

18,591.11

Continental Resources Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Total Assets	Get a 7-Day Free Trial															15,506.16	18,591.11	19,673.43	20,929.07	22,411.78

Continental Resources Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Continental Resources's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets	=	Total Equity (A: Dec. 2021 )	+	Total Liabilities (A: Dec. 2021 )
	=	7856.325	+	10734.786
	=	18,591

Continental Resources's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2022 )	+	Total Liabilities (Q: Sep. 2022 )
	=	10311.747	+	12100.029
	=	22,412

Continental Resources (NYSE:CLR) Total Assets Explanation

Total Assets is connected with ROA %.

Continental Resources's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %	=	Net Income (Q: Sep. 2022 )	/	( (Total Assets (Q: Jun. 2022 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
	=	4052.428	/	( (20929.072	+	22411.776)	/ 2 )
	=	4052.428	/	21670.424
	=	18.70 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Continental Resources's Asset Turnover for the quarter that ended in Sep. 2022 is

	Asset Turnover
=	Revenue (Q: Sep. 2022 )	/	( (Total Assets (Q: Jun. 2022 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
=	2447.231	/	( (20929.072	+	22411.776)	/ 2 )
=	2447.231	/	21670.424
=	0.11

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Continental Resources Total Assets Related Terms

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Continental Resources (Continental Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Continental Resources Inc (NYSE:CLR) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 North Broadway, Oklahoma City, OK, USA, 73102

Website

https://www.clr.com

Continental Resources is a U.S. oil and gas producer targeting in the Bakken Shale in North Dakota, the Delaware Basin in Texas, and the Scoop/Stack plays in Oklahoma. At the end of 2021, the company reported net proven reserves of 1.6 billion barrels of oil equivalent. Net production averaged 330 thousand barrels of oil equivalent per day in 2020, at a ratio of 49% oil and 51% natural gas and NGLs.

Executives

Timothy Garth Taylor	director	P.O. BOX 268836, OKLAHOMA CITY OK 73102
Robert Hagens	officer: SVP, Land	P.O. BOX 268836, 20 N. BROADWAY, OKLAHOMA CITY OK 73126
James R Webb	officer: SVP, GC & Secretary	20 N. BROADWAY, OKLAHOMA CITY OK 73102
Robert D. Lawler	officer: President & COO	6100 N WESTERN AVE, OKLAHOMA CITY OK 73118
Mcnabb John T Ii	director	17 EASTWOOD ROAD, ASHEVILLE NC 28803
Ellis L Mccain	director	C/O CONTANGO OIL & GAS COMPANY, 717 TEXAS AVENUE, SUITE 2900, HOUSTON TX 77002
Mark E Monroe	director	7130 S LEWIS 10TH FL, TULSA OK 74136
John D Hart	director, officer: CFO, EVP of Strategic Planning	20 NORTH BROADWAY, OKLAHOMA CITY OK 73102
William B Berry	director, officer: Chief Executive Officer	C/O WILBROS USA, INC., 4400 POST OAK PARKWAY, STE. 1000, HOUSTON TX 77027
Jeff B Hume	officer: Vice Chairman of SGI	20 NORTH BROADWAY, OKLAHOMA CITY OK 73102
Jack H Stark	director, officer: Sr. V.P. Exploration	20 NORTH BROADWAY, OKLAHOMA CITY OK 73102
Harold Hamm	director, 10 percent owner, officer: CEO & Chairman	20 N. BROADWAY, SUITE 1410, OKLAHOMA CITY OK 73102
Harold Thomas Hamm	director, 10 percent owner, other: Member of 10% owner group (5)	P.O. BOX 1295, OKLAHOMA CITY OK 73701
Shelly Lambertz	director, 10 percent owner	PO BOX 268836, OKLAHOMA CITY OK 73126
Jane Hamm 2005 Irrevocable Trust	10 percent owner, other: Member of 10% owner group(2)	P.O. BOX 1295, OKLAHOMA CITY OK 73101-1295