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Occidental Petroleum Corporation Business Reports

Occidental Petroleum Corporation Overview

Address

10889 Wilshire Blvd. Los Angeles, 
CA 90024 United States
Phone: 310-208-8800
Fax:310-443-6690

Occidental Petroleum Corporation Rankings

#129 in FORTUNE 500 (May 2011) 
#S&P 500 
#69 in FT Global 500 (June 2011)

Company Description

Harnessing its heritage of Western technical know-how, Occidental Petroleum engages in oil and gas exploration and production and makes basic chemicals, plastics, and petrochemicals. In 2010 the oil giant reported proved reserves of 3.4 billion barrels of oil equivalent in the US, the Middle East, North Africa, and Latin America. Subsidiary Occidental Chemical (OxyChem) produces acids, chlorine, and specialty products; it also owns Oxy Vinyls, the #1 producer of polyvinyl chloride (PVC) resin in North America. Occidental Petroleum's midstream and marketing operations gather, treat, process, transport, store, trade, and market crude oil, natural gas, NGLs, condensate, and CO2, and generate and market power.

Occidental Petroleum Corporation Company Profile Report

Purchase Report
 
$69

Hoover's industry experts provide proprietary editorial analysis supplemented with content from multiple data sources to bring you the Company Profile Report. The depth of each report varies, so be sure to view the sample and review the report contents listed next.

 

Sections Included in Report

  • Company Overview
  • Company Description
  • Company History
  • People
  • Biographies
  • Historical Events
  • Industry Information
  • Financial Summary
  • Annual Income Statement
  • Quarterly Cash Flow
  • Annual Balance Sheet
  • Quarterly Balance Sheet
  • Annual Cash Flow
  • Quarterly Income Statement
  • Earning Estimates
  • Financial Market Data
  • Historical Financials
  • Competitors List
  • Competitive Landscape

Company Profile Report Highlights

  • Company Description

    Quickly grasp how a company operates and understand its current business environment.
  • Industry Information

    Identify the often times disparate industries a company does business in, and find the corresponding SIC and NAICS codes.
  • Biographies

    Learn the background and technology interests of the company's executives, to better understand possible growth directions.
  • Company History

    When you want to know where a company is going, you'll be helped by first knowing where it's been. Use this to get up to speed on a company's history.
  • Key People

    Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you are sure to talk to the right contact.
  • Company Financials

    Review key financial information to gauge health and growth potential.

Company Profile Report

Purchase Report
 
$69

    Choose below from the available Industry Reports related to 

  • Biofuel Manufacturing Industry Report
  • Oil & Gas Exploration & Production Industry Report
  • Industrial Chemical Manufacturing Industry Report
  • Chemical Manufacturing Industry Report

Biofuel Manufacturing Industry Report

Purchase Report
 
$129

Overview

The biofuel manufacturing industry in the US includes about 300 companies with combined annual revenue of about $19 billion. Major biofuels producers include Archer Daniels Midland, Cargill, Chevron, Green Plains Renewable Energy, Valero, and Abengoa Bioenergy, which is based in the US but owned by Spanish engineering firm Abengoa.

SIC: 2869

NAICS: 325193

 

Sample Questions & Answers

How have fluctuating retail gas prices the past six months affected the company?

Extended periods of high oil prices encourage the development of alternative fuels through increased R&D investment and capital outlays to build new production facilities. Despite a drop in oil prices during the recession of the late 2000s, experts...

 

How dependent on government support is the company?

The biofuel industry depends on government support to establish itself and grow. Government regulations mandate the use of specific amounts of biofuels as blends of fuel, and the EPA will impose quotas on refiners and importers for biofuel use. In...

 

To read this full Call Prep Question and others, purchase the full report.

 

General Report Description

Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

 

Sections Included in Report

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

    Industry Report Highlights:

    • Recent Developments

      Stay up to date on crucial industry news that may affect your strategy.
    • Trends & Opportunities

      Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
    • Call Preparation Questions

      Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.
    • Industry Forecast

      Identify growth and integrate projections in your own business planning.
    • Business Challenges

      Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
    • Executive Insight

      Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
    • Financial Information

      Increase your credibility and support your presentations by adding verifiable industry metrics.
    • Web Links & Acronyms

      Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

    Biofuel Manufacturing Industry Report

    Purchase Report
     
    $129

    Oil & Gas Exploration & Production Industry Report

    Purchase Report
     
    $129

    Overview

    The US oil and gas exploration and production industry consists of about 5,000 companies with combined annual revenue of about $290 billion. Major companies include Anadarko Petroleum, Apache Corporation, ConocoPhillips, Devon Energy, and Marathon Oil, along with the exploration and production divisions of integrated companies such as Chevron and Exxon Mobil.

    SIC: 1311, 1321

    NAICS: 211111, 211112

     

    Sample Questions & Answers

    How does political instability affect the company’s ability to forecast oil prices?

    About 40 percent of the world oil supply comes from OPEC, which includes member states subject to political instabilities (nations in the Persian Gulf, Venezuela, Libya, and Nigeria). Given the fragile balance of supply and demand, perceived threats...

     

    How have environmental concerns affected the company’s exploration activities?

    Petroleum and natural gas well blowouts in the past have caused oil and natural gas well drilling to be associated with toxic spills and site contamination. High-visibility accidents have occurred despite requirements for well safeguards and...

     

    To read this full Call Prep Question and others, purchase the full report.

     

    General Report Description

    Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

     

    Sections Included in Report

    • Industry Overview
    • Quarterly Industry Update
    • Business Challenges
    • Trends and Opportunities
    • Call Preparation Questions
    • Financial Information
    • Industry Forecast
    • Website and Media Links
    • Glossary of Acronyms

      Industry Report Highlights:

      • Recent Developments

        Stay up to date on crucial industry news that may affect your strategy.
      • Trends & Opportunities

        Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
      • Call Preparation Questions

        Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.
      • Industry Forecast

        Identify growth and integrate projections in your own business planning.
      • Business Challenges

        Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
      • Executive Insight

        Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
      • Financial Information

        Increase your credibility and support your presentations by adding verifiable industry metrics.
      • Web Links & Acronyms

        Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

      Oil & Gas Exploration & Production Industry Report

      Purchase Report
       
      $129

      Industrial Chemical Manufacturing Industry Report

      Purchase Report
       
      $129

      Overview

      The US industrial chemical manufacturing industry includes about 1,400 companies with combined annual revenue of about $200 billion. Large companies include divisions of Dow, DuPont, and Occidental. The US industry is concentrated: the 50 largest companies generate about 70 percent of revenue. Specific market segments are often dominated by just a handful of competitors. As few as eight companies account for almost all revenues in the petrochemical and carbon black sectors, for example.

      SIC: 2813, 2812, 2869, 2865, 2861, 2819, 2816

      NAICS: 325132, 325199, 325193, 325181, 325182, 325110, 325120, 325131, 325192, 325191, 325188

       

      Sample Questions & Answers

      How does the company mitigate cyclical demand?

      Demand for industrial chemicals is subject to the cyclicality of heavy end-use markets, and therefore volatile. The automotive and construction industries, for example, can experience significant production declines during economic downturns.

       

      How does the company protect itself from fluctuating energy costs?

      Extracting and processing basic chemicals from raw materials typically requires large amounts of energy, usually in the form of heat. Many chemicals also use natural gas or petroleum as a raw material. Since energy costs can account for as much as...

       

      To read this full Call Prep Question and others, purchase the full report.

       

      General Report Description

      Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

       

      Sections Included in Report

      • Industry Overview
      • Quarterly Industry Update
      • Business Challenges
      • Trends and Opportunities
      • Call Preparation Questions
      • Financial Information
      • Industry Forecast
      • Website and Media Links
      • Glossary of Acronyms

        Industry Report Highlights:

        • Recent Developments

          Stay up to date on crucial industry news that may affect your strategy.
        • Trends & Opportunities

          Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
        • Call Preparation Questions

          Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.
        • Industry Forecast

          Identify growth and integrate projections in your own business planning.
        • Business Challenges

          Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
        • Executive Insight

          Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
        • Financial Information

          Increase your credibility and support your presentations by adding verifiable industry metrics.
        • Web Links & Acronyms

          Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

        Industrial Chemical Manufacturing Industry Report

        Purchase Report
         
        $129

        Chemical Manufacturing Industry Report

        Purchase Report
         
        $129

        Overview

        The US chemicals industry includes about 10,000 companies with combined annual revenue of about $700 billion. Major companies include Dow, DuPont, Eastman Chemical, ExxonMobil Chemical, and Huntsman. The US industry is concentrated: the 50 largest firms generate more than half of industry revenue.

        SIC: 2823, 2824, 2833, 2834, 2835, 2836, 2841, 2842, 2843, 2844, 2851, 2861, 2865, 2869, 2873, 2874, 2875, 2879, 2891, 2892, 2893, 3087, 3861, 2822, 2821, 2819, 2812, 2813, 2816

        NAICS: 325998, 325992, 325920, 325991, 325910, 325620, 325613, 325612, 325611, 325520, 325510, 325414, 325413, 325412, 325411, 325320, 325314, 325312, 325311, 325222, 325221, 325110, 325120, 325131, 325132, 325181, 325182, 325188, 325191, 325192, 325193, 325199, 325211, 325212

         

        Sample Questions & Answers

        How has the company been affected by recent changes in energy and raw material costs?

        Because of the high energy requirements in chemical production, higher energy prices can greatly affect costs. Many manufacturers use natural gas as a source of heat, or natural gas or crude oil as feedstocks. Feedstocks and energy can account for...

         

        How does the company track compliance with federal regulations?

        Despite large investments to prevent air, water, and ground pollution, chemical companies have ongoing exposure to environmental and health issues, because regulations continue to tighten and past practices continue to result in large cleanup costs...

         

        To read this full Call Prep Question and others, purchase the full report.

         

        General Report Description

        Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

         

        Sections Included in Report

        • Industry Overview
        • Quarterly Industry Update
        • Business Challenges
        • Trends and Opportunities
        • Call Preparation Questions
        • Financial Information
        • Industry Forecast
        • Website and Media Links
        • Glossary of Acronyms

          Industry Report Highlights:

          • Recent Developments

            Stay up to date on crucial industry news that may affect your strategy.
          • Trends & Opportunities

            Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
          • Call Preparation Questions

            Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.
          • Industry Forecast

            Identify growth and integrate projections in your own business planning.
          • Business Challenges

            Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
          • Executive Insight

            Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
          • Financial Information

            Increase your credibility and support your presentations by adding verifiable industry metrics.
          • Web Links & Acronyms

            Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

          Chemical Manufacturing Industry Report

          Purchase Report
           
          $129

          Occidental Petroleum Corporation Overview

          Top 3 Competitors

          Company: Apache Corporation
          Location: Houston, TX

          Company: Ashland Inc.
          Location: Covington, KY

          Company: BP p.l.c.
          Location: London, United Kingdom

          Industries where Occidental Petroleum Corporation Competes

          Oil & Gas Exploration & Production
          Read More

          Chemical Manufacturing
          Read More

          Industrial Chemical Manufacturing
          Read More

          Biofuel Manufacturing
          Read More

          Competitive Landscape Brief

          Demand is driven by federal legislation and regulations that establish a government-mandated market for biofuels. The profitability of biofuel production facilities depends on prices of gasoline and diesel, which fluctuate based on world petroleum demand and domestic refinery utilization. Economies of scale in ethanol production are limited due to the transportation costs associated with gathering feedstocks (corn and other biomasses) and transporting the ethanol to blending sites. As a result, large companies operate multiple production facilities. Small companies can compete effectively by developing business relations with distributors and by delivering consistently. Ethanol imports account for about 3 percent of the US market and come mainly from Brazil, the second largest producer of ethanol after the US. Ethanol exports, mainly to Canada and the Netherlands, account for about 2 percent of US production.The industry is capital-intensive: average annual revenue per employee in ethanol production facilities is about $2 million per year. Biofuels is a young industry that has grown rapidly. New entrants join the field constantly and new technology breakthroughs are frequent. Federal and state government subsidies and loan guarantees keep barriers to entry relatively low.

          Occidental Petroleum Corporation Competitive Landscape

          Purchase Report
           
          $69

          Providing a complete view of how this company and its competitors stack up against one another, the Competitive Landscape report includes benchmarks on over 30 parameters related to sales, employees, market cap, profitability, and growth. Exclusive to Hoover's, this landscape can be used to conduct competitive analysis, inform corporate strategy, and identify trends.

           

          Sections Included in Report

          • Key Numbers
          • Profitability
          • Valuation
          • Operations
          • Financial Ratios
          • Per Share Data ($)
          • Growth Statistics
          • *Data provided for 3 to 30 competitors

            Company Landscape Report Highlights

            • Competitors List

              Identify specific primary and secondary competitors, allowing you evaluate the chances of successfully introducing new products.
            • Competitive Landscape

              Access detailed financial metrics on a company's top competitors, so you can quickly determine their relative health and add credibility-boosting quantitative data to your presentations.

            Competitive Landscape Report

            Purchase Report
             
            $69

            Occidental Petroleum Corporation Overview

            Address

            10889 Wilshire Blvd. Los Angeles, 
            CA 90024 United States
            Phone: 310-208-8800
            Fax:310-443-6690

            Occidental Petroleum Corporation Rankings

            #129 in FORTUNE 500 (May 2011) 
            #S&P 500 
            #69 in FT Global 500 (June 2011)

            Company Description

            Harnessing its heritage of Western technical know-how, Occidental Petroleum engages in oil and gas exploration and production and makes basic chemicals, plastics, and petrochemicals. In 2010 the oil giant reported proved reserves of 3.4 billion barrels of oil equivalent in the US, the Middle East, North Africa, and Latin America. Subsidiary Occidental Chemical (OxyChem) produces acids, chlorine, and specialty products; it also owns Oxy Vinyls, the #1 producer of polyvinyl chloride (PVC) resin in North America. Occidental Petroleum's midstream and marketing operations gather, treat, process, transport, store, trade, and market crude oil, natural gas, NGLs, condensate, and CO2, and generate and market power.

            Occidental Petroleum Corporation Spotlight on IT

            Purchase Report
             
            $300

            Hoover’s Spotlight Reports on IT give you a look inside of IT departments of top companies, making it easier for you to learn, prepare, and sell to the IT professionals that lead them. These reports reveal the software and platforms that are currently in use, an overview of the IT department and their strategy, and the IT leaders that make the decisions.

             

            Sections Included in Report

            • Company Overview
            • IT Strategy
            • IT Highlights
            • IT Executives
            • IT Contacts
            • Recent News and Activity
            • Conversation Starters
            • Industry Data
            • Major Subsidiaries and Locations

              Information Technology Report Highlights

              • Company Overview

                Quickly grasp how company operates and understand their current business environment, ensuring you make the right first impression with minimal time invested.
              • IT Highlights

                Be in the know about a company's current infrastructure before you make contact with the list of applications, software, and hardware presently in use.
              • IT Contacts

                Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you don't waste time talking to the wrong contact.
              • Conversation Starters

                Gain instant rapport by engaging you sales prospect as a fellow industry "insider," thanks to these carefully-designed call preparation question (with answers).
              • Major Subsidiaries & Locations

                Uncover new cross-sell and up-sell opportunities by exploring the company's corporate relationships.
              • Business Challenges

                Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
              • IT Strategy

                Identify industry trends, opportunities, and challenges that a company is facing right now - often directly from the mouths of its own executives.
              • IT Executives

                Learn the background and technology interests of the company's IT executives, allowing you to strategically position your product in a way that's compatible with their vision.
              • Recent News & Activity

                Stay connected to your prospects and customers by communicating with them about recent developments that affect their business.
              • Industry Data

                Find the SIC and NAICS codes for the oftentimes disparate industries a company does business in to ensure your sales presentation delivers a wide-reaching and compelling value proposition.