Preview

CFO OXY

Powerful Essays
Open Document
Open Document
4356 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
CFO OXY
Michael Jager  FIN 3010 Online  May 13, 2012
Company CFO Evaluation: Occidental Petroleum

Table of Contents
Abstract………………………………………………………………………………………….3
Background……………………………………………………………………………………...4
Immediate/Near term strategy………………………………………………………………...4
Intermediate/Long term strategy (SWOT)…………………………………………………...6 Strengths………………………………………………………………………………...7 Weaknesses……………………………………………………………………………..8 Opportunities…………………………………………………………………………….9 Threats………………………………………………………………………………….10
Additional external forces……………………………………………………………………..11 Demographic…………………………………………………………………………...11 Sociocultural……………………………………………………………………………12 Political/Legal…………………………………………………………………………..13 Technological…………………………………………………………………………..13 Economic……………………………………………………………………………….15 Global…………………………………………………………………………………...15
Financial Analysis……………………………………………………………………………...16 Recommendations………………………………………………………………………….…17
References……………………………………………………………………………………..18
Appendix………………………………………………………………………………………..21

Abstract Occidental Petroleum is a California based oil and gas exploration and production company with operations in the United States, the Middle East, North Africa and South America. Its headquarters are in Westwood, Los Angeles. (Wikipedia, Para 1, 2012) In this paper I will hypothesize how OXY has grown the business and answer the questions a CFO should answer to run the business and take that business to the next level.
I will attempt to be fair toward the company 's role in society and also while doing this look through with the eyes of a CFO. How will he attempt to ward off competitors, the government and an often angry media (rightly so at times)? How will he attempt to move in the future when it looks as though it will take a major paradigm shift? How will he balance day to day financial concerns with the vision of tomorrow? This is what I will intend to convey to the


References: Occidental Petroleum Website. Retrieved April 2, 2012 from the World Wide Web http://www.oxy.com/Pages/Home.aspx Occidental Petroleum Earnings, Call Nuggets: Gas Plant Buybacks. Retrieved April 26, 2012 from the World Wide Web http://wallstcheatsheet.com/stocks/occidental-petroleum-earnings-call-nuggets-gas-plant-buybacks.html/ Occidental Petroleum social responsibility report. Retrieved April 23, 2012 from the World Wide Web. http://www.socialfunds.com/shared/reports/1242061925_Occidental_2008_Soc_Resp_Report.pdf Occidental Petroleum Wiki. Retrieved April 2, 2012 from the World Wide Web http://en.wikipedia.org/wiki/Occidental_Petroleum Occidental Petroleum 1Q Profit increases slightly. Retrieved April 26, 2012 from the World Wide Web. http://www.cbsnews.com/8301-505245_162-57421938/occidental-petroleum-1q-profit-increases-slightly/?tag=mncol;lst;1 Occidental Petroleum boosts dividend 17pct.Retrieved April 23, 2012 from the World Wide Web. http://www.cbsnews.com/8301-505245_162-57374154/occidental-petroleum-boosts-dividend-17-pct/?tag=mncol;lst;3 Fitch raises Occidental Petroleum’s Credit Outlook to Positive: Retrieved April 23, 2012 from the World Wide Web. http://online.wsj.com/article/BT-CO-20120425-718065.html Occidental Profit Rises on California, Texas Output Gain: Retrieved April 26, 2012 from the World Wide Web. http://www.bloomberg.com/news/2012-04-26/occidental-profit-rises-on-california-texas-output-gain.html Occidental Petroleum: Retrieved April 26, 2012 from the World Wide Web. http://www.wikinvest.com/stock/Occidental_Petroleum_(OXY) Forbes Earnings Preview: Occidental Petroleum: Retrieved April 26, 2012 from the World Wide Web. http://www.forbes.com/sites/narrativescience/2012/04/23/forbes-earnings-preview-occidental-petroleum-3/ Occidental Petroleum: Retrieved April 23, 2012 from the World Wide Web. http://www.businessinsider.com/blackboard/occidental-petroleum Copper Basin Project: Retrieved April 23, 2012 from the World Wide Web. http://glennsprings-copperbasinproject.com Driving Biofuel option: Retrieved April 26, 2012 from the World Wide Web. http://insight.kellogg.northwestern.edu/index.php/Kellogg/article/driving_biofuel_adoption/ Running on (almost) empty: Retrieved April 23, 2012 from the World Wide Web Appendix (A3) Figure 4.OXY SWOT analysis created with Edraw by author on April 26, 2012.
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Best Essays

    COMCAST v3
    • 2318 Words
    • 8 Pages

    COMCAST v3

    Burke, S. (2013). Comcast profit jumps 30%, with mixed results at NBCUniversal. Los Angeles Times. Accessed on 16th November 2014.…

    • 2318 Words
    • 8 Pages
    Best Essays
    Read More
  • Powerful Essays

    Dillards Swot
    • 1786 Words
    • 8 Pages

    Dillards Swot

    (FY2012), an increase of 2.3% over FY2011. The operating profit of the company was $396.7 million…

    • 1786 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Coca Cola And IRS
    • 268 Words
    • 2 Pages

    Coca Cola And IRS

    2. Assume you have just become CEO at Coca-Cola. Outline the strategic steps you would take to remedy the concern emanating from the company's board of directors, consumers, employees, business partners, governments, and the media. What elements of social responsibility would you draw from in responding to these stakeholder issues?…

    • 268 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Fin 200 Week 1
    • 269 Words
    • 2 Pages

    Fin 200 Week 1

    Write a 200- to 300-word response describing the goals of financial management. The description should include how earnings are valued, how shareholder wealth can be maximized, and how management decisions affect stockholder wealth.…

    • 269 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Hcs/514
    • 758 Words
    • 4 Pages

    Hcs/514

    A new CEO has just taken over your organization and would like a brief report on the current state of your organization in order to formulate a strategy for improving its performance.…

    • 758 Words
    • 4 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Individual Strategic Plan: Conceptualizing a Business
    • 344 Words
    • 2 Pages

    Individual Strategic Plan: Conceptualizing a Business

    Create a vision for this organization that clearly demonstrates your decision on what you want your business to become in the future.…

    • 344 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Best Essays

    Obama the Machiavellian
    • 3380 Words
    • 14 Pages

    Obama the Machiavellian

    U.S. Energy Information Administration, "This Week In Petroleum." May 2, 2012. Accessed May 3, 2012.…

    • 3380 Words
    • 14 Pages
    Best Essays
    Read More
  • Good Essays

    Recession
    • 375 Words
    • 2 Pages

    Recession

    Many U.S. companies are reporting better-than-expected earnings for the most recent fiscal quarter, but once again the profits generally stem from anything but an economic turnaround.…

    • 375 Words
    • 2 Pages
    Good Essays
    Read More
  • Good Essays

    Grueber Case Study: Institutional Investors
    • 594 Words
    • 3 Pages

    Grueber Case Study: Institutional Investors

    Specifically, he needs to communicate the company’s commitment to its core values that investors currently value, as well as a commitment to change in alignment with constituents’ needs. Research shows that there is significant correlation between increased performance (addressing actual financial planning and internal control issues), increased recognition among investors (increasing access to management), and decreased information asymmetry (increasing transparency and decreasing disparate messaging) (Li & You, 2015). Finally, included in the message should be a change to the board of directors, broadening representation of stockholders who will build and maintain relationships with analysts (Hoffmann & Fieseler,…

    • 594 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Peak Oil
    • 2212 Words
    • 9 Pages

    Peak Oil

    The end of oil can mean an end to a lot of things in an industrialized lifestyle that we live in today. With more than 60% of the world passed their peak, this puts United States at a great risk because the U.S. alone uses more than 25% of the world’s oil. According to Tom Whipple, “Americans have consumed an average of 9.3 million barrels of gasoline a day so far this year, an increase of 0.6 percent from last year” (Whipple). In 1956, a man by the name of Dr. Marion King Hubbert, who worked as a geologist for Shell, came up with “Hubbert’s Peak.” Hubbert’s Peak is Dr. Hubbert’s theory, which he accurately predicted, that U.S. domestic oil production would peak in 1970 (Deffeyes 2). Some people didn’t believe in Dr. Hubbert’s Peak theory. They saw it as just a “theory.” Most people now feel that Dr. Hubbert make a good point and believe that the world is coming to an end of oil. This could be in 5 years from now or 30 years--no one really knows when it’s going to happen. The end of oil is not only going to have and end to transportation, but it will also have an impact on other things such as agriculture, economy, and almost everything else that is used daily in an industrialized country. The big problem isn’t the fact that the world is running out of oil, the big problem is running out of oil without a back-up plan. The solution to this problem is to be less dependants on oil and to come up with alternative sources that can replace oil or help us use less of it.…

    • 2212 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Bp Sustainability
    • 28990 Words
    • 116 Pages

    Bp Sustainability

    2 A letter from our group chief executive / 4 How BP is changing 6 Gulf of Mexico oil spill / 14 How we operate / 22 Energy future 30 Safety / 34 Environment / 38 Society…

    • 28990 Words
    • 116 Pages
    Powerful Essays
    Read More
  • Good Essays

    Pioneer Petroleum Analysis
    • 778 Words
    • 4 Pages

    Pioneer Petroleum Analysis

    PPC were spending billions of dollars on capital expenditures and were expecting an increase in the next year. These expenditures were allowing for the company to process heavy Alaskan crude oil more efficiently and also provided good returns. In the next five years, the company was going to need to meet new environmental standards, which meant more spending increases. Along with these expenditures and regulations were expected higher growths because now the company truly could utilize and capitalize on their strength.…

    • 778 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Oil Industry Analysis
    • 5281 Words
    • 22 Pages

    Oil Industry Analysis

    Newenergyanffuel.(2011). The economic impact of oil and gas industry. Retrieved on December 14, 2011, from:http://newenergyandfuel.com/http:/newenergyandfuel/com/2010/02/26/the-economic-impact-of-the-oil-and-natural-gas-industry/…

    • 5281 Words
    • 22 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Strategic Management and Firm
    • 553 Words
    • 3 Pages

    Strategic Management and Firm

    What values does your firm adopt towards its shareholders? To what extent does the Annual Report and Accounts represent your firm's true position? To what extent do shareholders receive a fair shareholders' return on their investment? To what extent does the strategic decision making process take account of shareholders'' views? t k t f h h ld i ? To what extent are you happy with your firm's values towards its shareholders?…

    • 553 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Singapore Airlines Swot
    • 2397 Words
    • 11 Pages

    Singapore Airlines Swot

    ended March 2014 (FY2014), an increase of 1% over FY2013. The operating profit of the group was…

    • 2397 Words
    • 11 Pages
    Powerful Essays
    Read More