Basis of Presentation and Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2022

Accounting Policies [Abstract]

Components of Inventories

The components of inventory as of June 30, 2022 and December 31, 2021 consisted of the following:

In thousands	June 30, 2022		December 31, 2021
Tubular goods and equipment	$	33,530	$	12,506
Crude oil and natural gas	141,724		93,062
Total	$	175,254	$	105,568

Calculation of Basic and Diluted Weighted Average Shares and Net Income Per Share

The following table presents the calculation of basic and diluted weighted average shares outstanding and net income per share attributable to the Company for the three and six months ended June 30, 2022 and 2021.

	Three months ended June 30,				Six months ended June 30,
In thousands, except per share data	2022		2021		2022		2021
Net income attributable to Continental Resources (numerator)	$	1,208,747	$	289,325	$	1,806,504	$	548,967
Weighted average shares (denominator):
Weighted average shares - basic	357,575		361,347		357,871		361,069
Non-vested restricted stock	3,618		2,873		4,154		2,961
Weighted average shares - diluted	361,193		364,220		362,025		364,030
Net income per share attributable to Continental Resources:
Basic	$	3.38	$	0.80	$	5.05	$	1.52
Diluted	$	3.35	$	0.79	$	4.99	$	1.51