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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Crude oil, natural gas, and natural gas liquids sales $ 7,256,685 $ 7,684,263 $ 10,074,675
Gain (loss) on derivative instruments, net 27,168 943,768 (671,095)
Crude oil and natural gas service operations 93,776 103,710 70,128
Total revenues 7,377,629 8,731,741 9,473,708
Operating costs and expenses:      
Production expenses 770,875 717,478 621,921
Production and ad valorem taxes 556,174 603,534 730,132
Transportation, gathering, processing, and compression 367,247 338,217 316,414
Exploration expenses 12,369 16,368 23,068
Crude oil and natural gas service operations 88,078 82,392 37,002
Depreciation, depletion, amortization and accretion 2,483,444 2,264,334 1,885,465
Property impairments 43,199 66,798 70,417
Transaction costs 0 0 33,796
General and administrative expenses 264,029 279,306 401,551
Net (gain) loss on sale of assets and other 38,516 50,581 262
Total operating costs and expenses 4,623,931 4,419,008 4,120,028
Income from operations 2,753,698 4,312,733 5,353,680
Other income (expense):      
Interest expense (275,748) (395,765) (300,662)
Loss on extinguishment of debt (1,600) 0 (403)
Other 12,217 11,979 15,798
Total other income (expense) (265,131) (383,786) (285,267)
Income before income taxes 2,488,567 3,928,947 5,068,413
Provision for income taxes (471,849) (827,630) (1,020,804)
Income before equity in net loss of affiliate 2,016,718 3,101,317 4,047,609
Equity in net loss of affiliate (3,653) (3,129) (1,489)
Net income 2,013,065 3,098,188 4,046,120
Net income attributable to noncontrolling interests 1,287 2,361 21,562
Net income attributable to Continental Resources $ 2,011,778 $ 3,095,827 $ 4,024,558