Wednesday, February 21, 2018

Oklahoma City,OK-Based Oil & Gas Co Continental Resources Posted 4Q 2017 Net Income of $842 Mil, Up a Spectacularly Off-the-Charts 29 TIMES Its 4Q 2016 Net Income of $28 Mil ....................................................................................... Continental Resources Received a US Federal Income Tax Benefit of $714 Mil in the 4Q 2017 From the Very Lucrative US Federal Income Tax Debt Forgiveness Feature in the Oil & Gas Co Favored US Trump Tax Cuts Act ....................................................................................... This $714 Mil Income Tax Benefit Comprised 85% of Its 4Q 2017 Total Net Income of $842 Mil