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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 32,793 $ 26,397
Receivables:    
Crude oil, natural gas, and natural gas liquids sales 970,420 1,196,262
Joint interest and other 325,351 350,907
Allowance for credit losses (3,915) (3,172)
Receivables, net 1,291,856 1,543,997
Derivative assets 215,069 353,261
Inventories 193,246 190,762
Prepaid expenses and other 124,238 33,450
Total current assets 1,857,202 2,147,867
Net property and equipment, based on successful efforts method of accounting 19,729,508 19,786,889
Investment in unconsolidated affiliates 259,473 240,484
Operating lease right-of-use assets 24,976 38,656
Derivative assets, noncurrent 167,699 155,252
Other noncurrent assets 17,842 18,293
Total assets 22,056,700 22,387,441
Current liabilities:    
Accounts payable trade 912,138 835,012
Revenues and royalties payable 585,547 768,381
Accrued liabilities and other 343,136 354,537
Current portion of incentive compensation liability 66,498 130,583
Current portion of income tax liabilities 0 84,556
Derivative liabilities 2 0
Current portion of operating lease liabilities 7,823 18,112
Current portion of long-term debt 2,564 895,105
Total current liabilities 1,917,708 3,086,286
Long-term debt, net of current portion 4,963,111 5,734,007
Other noncurrent liabilities:    
Deferred income tax liabilities, net 2,836,574 2,867,283
Incentive compensation liability, noncurrent 30,674 41,707
Asset retirement obligations, noncurrent 409,686 391,957
Derivative liabilities, noncurrent 0 586
Operating lease liabilities, noncurrent 16,064 19,482
Other noncurrent liabilities 387,791 36,346
Total other noncurrent liabilities 3,680,789 3,357,361
Commitments and contingencies (Note 8)
Equity:    
Preferred stock, $0.01 par value; 25,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.01 par value; 1,000,000,000 shares authorized 299,610,267 shares issued and outstanding at September 30, 2024 and December 31, 2023 2,996 2,996
Retained earnings 11,131,184 9,850,687
Total shareholders’ equity attributable to Continental Resources 11,134,180 9,853,683
Noncontrolling interests 360,912 356,104
Total equity 11,495,092 10,209,787
Total liabilities and equity $ 22,056,700 $ 22,387,441