"The shale operator controlled by billionaire Harold Hamm increased its capital spending to as much as $2.7 billion from $2.3 billion. "
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"Harold Hamm's $20 million insider purchase of Continental Resources (CLR) is not surprising considering the focus for the U.S. is going to be on domestic production and frackers are uniquely positioned to increase supply in a high crude oil price environment. "
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"Headquartered in Oklahoma City, Continental Resources was founded by Harold Hamm in 1967. "
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"Harold Hamm started buying shares of Continental Resources on the open market on June 23rd and over the course of the next two weeks acquired 10.55 million shares worth $178 million at an average price of $16.87. "
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"Harold Hamm feels so strongly about just how undervalued CLR is that he took the unusual step to announce his purchases through a press release"
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"Director Harold Hamm acquired 336,844 shares of this oil and natural gas exploration and production company, paying $59.27 per share for a total amount of $19.97 million. "
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"Shares of the Oklahoma oil giant majority-owned by billionaire Harold Hamm dropped as much as 13%. "
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"Harold Hamm executed one of the largest wealth transfers in U.S. history last week, handing each of his five children a stake worth about $2.3 billion in Continental Resources Inc., the shale drilling company he founded more than 50 years ago."
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"Continental Resources Inc. plunged as much as 44% after founder and majority owner Harold Hamm distributed shares to family members, slashing his stake in the shale driller by more than two-thirds."
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"The Harold Hamm Foundation and Continental Resources Inc., the shale driller controlled by the Oklahoma native, are giving $25 million each to the university to start the Hamm Institute for American Energy, according to a statement released Wednesday."
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"The purchase of almost 108,500 Continental Resources, Inc. (NYSE: CLR) shares by Harold Hamm (founder, former CEO and 10% owner ) at prices ranging from $46.60 to $48.79 apiece totaled more than $5.17 million. "
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"Billionaire oil wildcatter Harold Hamm has set aside hundreds of millions of dollars to pursue acquisitions in the U.S. Permian Basin after a 20-year quest to gain a foothold in the world's biggest shale field."
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"Leading frackers such as Scott Sheffield of Pioneer Natural Resources Co. and Harold Hamm of Continental Resources Inc. were on opposite ends of the hedging strategy, with the former's company missing out on roughly $1.5 billion in upside due to derivatives contracts so far this year, while the latter's was nearly unhedged and reaping the full reward of surging crude prices."
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"Back in October, Harold Hamm predicted a win by Joe Biden in the U.S. election would "strangle and starve oil and gas." Instead, he's made a killing."
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"Wildcatters including billionaire Harold Hamm of Continental Resources Inc. and Scott Sheffield of Pioneer Natural Resources Co. saw their revenues more than doubleas exports took off."Today the U.S. has its own petrodollars," Hamm said in August 2018 as U.S. oil shipments overseas boomed."
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