Basis of Presentation and Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2023

Accounting Policies [Abstract]

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, 2023.

	Three months ended June 30,				Six months ended June 30,
In thousands, except per share data	2023		2022		2023		2022
Net income attributable to Continental Resources (numerator)	$	690,813	$	1,208,747	$	1,575,110	$	1,806,504
Weighted average shares (denominator):
Weighted average shares - basic		299,610		357,575		299,610		357,871
Non-vested restricted stock and long-term incentive awards (1)		—		3,618				4,154
Weighted average shares - diluted		299,610		361,193		299,610		362,025
Net income per share attributable to Continental Resources:
Basic	$	2.31	$	3.38	$	5.26	$	5.05
Diluted	$	2.31	$	3.35	$	5.26	$	4.99

(1)At June 30, 2023, the Company's outstanding long-term incentive awards are expected to be paid in cash, not common stock, upon vesting and are classified as liability awards pursuant to ASC Topic 718, Compensation—Stock Compensation. As a result, no potential dilutive effect for the awards is presented for the three and six months ended June 30, 2023.