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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Crude oil and natural gas sales $ 5,793,741 $ 2,555,434 $ 4,514,389
Gain (loss) on derivative instruments, net (128,864) (14,658) 49,083
Crude oil and natural gas service operations 54,441 45,694 68,475
Total revenues 5,719,318 2,586,470 4,631,947
Operating costs and expenses:      
Production expenses 406,906 359,267 444,649
Production taxes 404,362 192,718 357,988
Transportation expenses 224,989 196,692 225,649
Exploration expenses 21,047 17,732 14,667
Crude oil and natural gas service operations 21,480 18,294 33,230
Depreciation, depletion, amortization and accretion 1,898,082 1,880,959 2,017,383
Property impairments 38,370 277,941 86,202
Acquisition costs 13,920 0 0
General and administrative expenses 233,628 196,572 195,302
Net (gain) loss on sale of assets and other (5,146) 187 (535)
Total operating costs and expenses 3,257,638 3,140,362 3,374,535
Income (loss) from operations 2,461,680 (553,892) 1,257,412
Other income (expense):      
Interest expense (251,598) (258,240) (269,379)
Gain (loss) on extinguishment of debt (290) 35,719 (4,584)
Other (23,654) 1,662 3,713
Total other income (expense) (275,542) (220,859) (270,250)
Income (loss) before income taxes 2,186,138 (774,751) 987,162
(Provision) benefit for income taxes (519,730) 169,190 (212,689)
Net income (loss) 1,666,408 (605,561) 774,473
Net income (loss) attributable to noncontrolling interests 5,440 (8,692) (1,168)
Net income (loss) attributable to Continental Resources $ 1,660,968 $ (596,869) $ 775,641
Basic net income (loss) per share (in dollars per share) $ 4.61 $ (1.65) $ 2.09
Diluted net income (loss) per share (in dollars per share) $ 4.56 $ (1.65) $ 2.08
Foreign currency translation adjustments $ 0 $ 0 $ 140
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Net of Tax 0 0 (555)
Other Comprehensive Income (Loss), Net of Tax 0 0 (415)
Comprehensive Income (Loss), Net of Tax, Consolidated 1,666,408 (605,561) 774,058
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest 5,440 (8,692) (1,168)
Comprehensive Income (Loss), Net of Tax, Attributable to Continental Resources $ 1,660,968 $ (596,869) $ 775,226