Continental Resources

Continental Resources, Inc.
Company typePrivate company
NYSE: CLR
IndustryPetroleum
PredecessorShelly Dean Oil Co.
FounderHarold Hamm
HeadquartersOklahoma 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)
RevenueIncrease US$5.719 billion (2021)
5,353,680,000 United States dollar (2022) Edit this on Wikidata
Increase US$1.660 billion (2021)
Total assetsIncrease US$18.591 billion (2021)
Total equityIncrease US$7.856 billion (2021)
OwnerHarold Hamm Family LLC (100%)
Number of employees
1,254 (2021)
Websiteclr.com
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]

  1. ^ a b c d "Continental Resources, Inc. 2021 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. ^ "Continental Resources, Inc. SCHEDULE 14A". U.S. Securities and Exchange Commission. April 8, 2021.
  3. ^ "Continental Resources". Fortune.