Hamm owes nearly $1B in divorce settlement, less than investors feared

摘要

An Oklahoma judge awarded the ex-wife of oil shale tycoon Harold Hamm a $973 million divorce settlement -- one of the largest ever, but only 7 percent of Hamm's estimated $14 billion net worth. Ending protracted proceedings, the 80-page decision spelled relief for Continental Resources Inc. investors worried the divorce could force Hamm, Continental's chief executive, to sell a larger portion of his 68 percent stake in the energy company that has been at the forefront of the domestic shale boom (Greenwire, Sept. 8).