Continental Resources Inc, founded in 1967 and headquartered in Oklahoma City, Oklahoma, is a prominent independent oil and natural gas exploration and production company. The firm primarily focuses on the acquisition, exploration, and production of oil and natural gas reserves, with a significant emphasis on resource-rich regions in the United States, particularly in the Bakken and Anadarko basins.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CLR 5.75% 2031-01-15 USDContinental Resources Inc (OKLA) | United States | 2031-01-15 | 5.750 | 5.04 |
| CLR 5.75% 2031-01-15 USDContinental Resources Inc (OKLA) | United States | 2031-01-15 | 5.750 | 5.06 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Continental Resources has actively engaged in bond issuances since the early 2000s to finance its growth and operations. Notably, in 2021, the company issued $1 billion in senior unsecured notes to refinance existing debt, enhancing its financial flexibility. Current yields on its bonds are competitive within the energy sector, reflecting the company's strong credit profile. Additionally, Continental's bonds feature call options, allowing the company to manage interest expenses effectively. The firm’s proactive approach to capital management and its strategic bond offerings have positioned it favorably in a volatile market.