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Unaudited Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Crude oil, natural gas, and natural gas liquids sales $ 1,909,843 $ 1,791,720
Gain (loss) on derivative instruments, net (113,194) 382,779
Crude oil and natural gas service operations 23,895 19,354
Total revenues 1,820,544 2,193,853
Operating costs and expenses:    
Production expenses 188,697 181,986
Production and ad valorem taxes 147,127 136,175
Transportation, gathering, processing, and compression 107,946 77,869
Exploration expenses 4,110 3,378
Crude oil and natural gas service operations 26,640 17,832
Depreciation, depletion, amortization and accretion 632,763 476,454
Property impairments 12,062 13,074
General and administrative expenses 82,282 63,271
Net (gain) loss on sale of assets and other (287) (186)
Total operating costs and expenses 1,201,340 969,853
Income from operations 619,204 1,224,000
Other income (expense):    
Interest expense (79,811) (99,681)
Other 3,154 1,754
Total other income (expense) (76,657) (97,927)
Income before income taxes 542,547 1,126,073
Provision for income taxes (114,054) (239,756)
Income before equity in net loss of affiliate 428,493 886,317
Equity in net loss of affiliate (907) (663)
Net income 427,586 885,654
Net income attributable to noncontrolling interests 464 1,357
Net income attributable to Continental Resources $ 427,122 $ 884,297