Company type | Private company |
---|---|
NYSE: CLR | |
Industry | Petroleum |
Predecessor | Shelly Dean Oil Co. |
Founder | Harold Hamm |
Headquarters | Oklahoma City, Oklahoma, U.S. |
Key people | Harold Hamm (Chairman) Doug Lawler (CEO) John D. Hart (CFO) Jack Stark (President) |
Products | |
Production output | 329 thousand barrels of oil equivalent (2,010,000 GJ) per day (2021) |
Revenue | US$5.719 billion (2021) |
5,353,680,000 United States dollar (2022) | |
US$1.660 billion (2021) | |
Total assets | US$18.591 billion (2021) |
Total equity | US$7.856 billion (2021) |
Owner | Harold Hamm Family LLC (100%) |
Number of employees | 1,254 (2021) |
Website | clr |
Footnotes / references [1][2] |
Continental Resources, Inc. is a petroleum and natural gas exploration and production company headquartered in Oklahoma City.[1] The company was founded by Harold Hamm in 1967 at the age of 21 as Shelly Dean Oil Company, originally named for Hamm's two daughters. In 1990, Shelly Dean re-branded itself as Continental Resources. It primarily used hydraulic fracturing and directional drilling to produce from low permeability formations.
The company's assets are primarily in the Bakken formation in North Dakota and Montana, the STACK and SCOOP plays in Oklahoma, and the Permian Basin.[1] In 2021, total production was 329 thousand barrels of oil equivalent (2,010,000 GJ) per day, of which 49% was petroleum and 51% was natural gas.[1]
It is ranked 818th on the Fortune 500.[3]