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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,375,861 $ 39,064
Accounts receivable, net 1,406,796 1,553,919
Derivative assets 324,706 95,227
Inventories 227,407 184,251
Prepaid expenses and other 98,396 32,648
Total current assets 3,433,166 1,905,109
Net property and equipment, based on successful efforts method of accounting 20,656,908 20,037,922
Investment in unconsolidated affiliates 261,333 258,359
Operating lease right-of-use assets 29,891 20,933
Derivative assets, noncurrent 61,528 62,426
Other noncurrent assets 79,336 20,832
Total assets 24,522,162 22,305,581
Current liabilities:    
Accounts payable trade 700,669 845,160
Revenues and royalties payable 718,631 682,461
Accrued liabilities and other 317,819 413,036
Current portion of incentive compensation liability 82,510 74,494
Current portion of income tax liabilities 519 21,659
Current portion of operating lease liabilities 10,225 4,046
Current portion of long-term debt 798,609 2,587
Total current liabilities 2,628,982 2,043,443
Long-term debt, net of current portion 3,973,437 4,798,860
Other noncurrent liabilities:    
Deferred income tax liabilities, net 3,046,707 2,704,069
Incentive compensation liability, noncurrent 19,976 36,468
Asset retirement obligations, noncurrent 505,382 432,495
Derivative liabilities, noncurrent 4,905 143
Operating lease liabilities, noncurrent 18,701 15,823
Other noncurrent liabilities 29,020 48,783
Total other noncurrent liabilities 3,624,691 3,237,781
Commitments and contingencies (Note 13)  
Equity:    
Preferred stock, $0.01 par value; 25,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock (Note 16) 2,996 2,996
Retained earnings 13,940,956 11,862,515
Total shareholders’ equity attributable to Continental Resources 13,943,952 11,865,511
Noncontrolling interests 351,100 359,986
Total equity 14,295,052 12,225,497
Total liabilities and equity $ 24,522,162 $ 22,305,581