Continental Resources, Inc.: Lower costs and higher crude prices will improve Continental Resources' financial performance
CORPORATES ISSUER IN-DEPTH 24 July 2017 RATINGS Continental Resources, Inc. Corporate Family Rating Ba3 Outlook Positive Senior Unsecured Ba3 Speculative Grade Liquidity Rating SGL-2 Source: Moody's Investors Service KEY METRICS: Continental Resources, Inc. 31- Marc-17 (LTM) 31- Dec-16Continental Resources is an independent crude oil and natural gas company engaged in the exploration, development, and production of crude oil and natural gas mainly in the North, South and East regions of the U.S. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken, and the Red River units. The South region includes all properties south of Nebraska and west of the Mississippi River including various plays in the South Central Oklahoma Oil Province and Sooner Trend Anadarko Canadian Kingfisher areas of Oklahoma. The East region is comprised of undeveloped leasehold acreage east of the Mississippi River.
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