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Unaudited Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Crude oil, natural gas, and natural gas liquids sales $ 1,791,720 $ 2,274,261
Gain (loss) on derivative instruments, net 382,779 (475,938)
Crude oil and natural gas service operations 19,354 17,915
Total revenues 2,193,853 1,816,238
Operating costs and expenses:    
Production expenses 181,986 137,280
Production and ad valorem taxes 136,175 158,365
Transportation, gathering, processing, and compression 77,869 74,849
Exploration expenses 3,378 13,017
Crude oil and natural gas service operations 17,832 8,561
Depreciation, depletion, amortization and accretion 476,454 459,029
Property impairments 13,074 24,248
General and administrative expenses 63,271 74,837
Net (gain) loss on sale of assets and other (186) (165)
Total operating costs and expenses 969,853 950,021
Income from operations 1,224,000 866,217
Other income (expense):    
Interest expense (99,681) (72,555)
Other 1,754 (1,227)
Total other income (expense) (97,927) (73,782)
Income before income taxes 1,126,073 792,435
Provision for income taxes (239,756) (191,084)
Income before equity in net loss of affiliate 886,317 601,351
Equity in net loss of affiliate (663) 0
Net income 885,654 601,351
Net income attributable to noncontrolling interests 1,357 3,594
Net income attributable to Continental Resources $ 884,297 $ 597,757
Basic net income (loss) per share (in dollars per share) $ 2.95 $ 1.67
Diluted net income (loss) per share (in dollars per share) $ 2.95 $ 1.65