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Continental Resources’ 4Q16 Revenue and Profit Margin Trends

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CLR’s 4Q16 revenue and net profit margin

Continental Resources’ (CLR) 4Q16 revenue fell ~4.5% YoY (year-over-year). In comparison, its revenue growth was -56.0% in 4Q15 and -23.0% in 3Q16.

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Peer comparisons

Upstream peers Anadarko Petroleum (APC), Whiting Petroleum (WLL), and Newfield Exploration (NFX) saw their revenues rise 16.3%, 1.4%, and 14.6%, respectively, YoY in 3Q16. These companies make up 8.0% of the SPDR S&P Oil & Gas Exploration & Production ETF (XOP).

To find out how APC performed in 4Q16, read Reviewing Anadarko’s 4Q16 Stock Performance and More.

Continental Resources also saw its net profit margin narrow. It was -5.0% in 4Q16, -24.0% in 4Q15, and -21.0% in 3Q16.

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