Continental Resources had $906 million in revenue and sales growth of 15 percent in the four quarters ending June 30. The company has become known as one of the largest stakeholders of oil reserves in the country, and CEO Harold Hamm has become a billionaire since taking the company public in 2007.
Continental also had a return on equity of 40 percent.
“Our goal is not to win awards and make lists, but to receive the affirmation of a credible and independent organization like Forbes is to stand out among other establishments in the nation,” said Brian Engel, vice president of public affairs for Continental Resources.
The ranking is based on sales and other financial data. To compile the list, Forbes ranked public companies that have revenues of $5 million to $1 billion. The businesses must have been publicly traded for at least a year and have shares valued at more than $5.
Continental continues to maintain its headquarters in Enid. It is an oil and gas drilling company with about 408 employees.
North Dakota has proven to be the largest production area for the company, with the greatest number of wells and exploration in the Bakken Shale area.
Continental also is heavily involved in the Anadarko-Woodford area in Oklahoma.
The company’s 2011 investment plan calls for tripling production reserves in the next five years.
“Our property interests are in great shape, and we are in good position to achieve our goal of tripling our reserves,” Engel said.
Also on the Oklahoma list are Aaon Inc., of Tulsa, and Pre-Paid Legal Services, of Ada.
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Stefan Katafai
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