Company report
| |
15 Pages

Occidental Petroleum corporate report


Occidental Petroleum corporate report

Report summary

Occidental Petroleum (Oxy) emerged from a turbulent few years as one of the best positioned company's to weather the oil price downturn. Management change, some good fortune with regard to the timing of the California Resources spin-off and holding onto cash generative assets having been unsuccessful in finding a buyer for its portfolio in the Middle East have been key factors. The position it finds itself in today is an enviable one: a company with a stable production growth outlook, large exposure to the Permian, cash generative international assets, one of the strongest balance sheets in the sector, a natural hedge from its chemicals business and a 4% dividend yield.


What's included?

This report includes 2 file(s)

  • Occidental Petroleum corporate report PDF - 531.95 KB 15 Pages, 8 Tables, 9 Figures
  • Occidental Petroleum Corporate Report.xls XLS - 3.17 MB

Description

The upstream oil and gas industry conducts activities against a backdrop of growing energy and environmental challenges. Political instabilities, international conflicts and government and environmental regulation have all impacted the production process.

This has forced companies to re-examine their corporate strategy, moving away from high-risk exploratory drilling to lower-risk exploration in mature basins as they search for increased returns.

This Upstream Oil and Gas Company report offers thought-provoking insight into corporate financial health, investment strategy and operational outlook supported by our proprietary asset data and energy research experts.

Widely used by both the energy and financial sectors, our report gives you a unique perspective on key strategic and financial challenges, as well as opportunities facing this oil and gas company.

Wood Mackenzie provides an independent evaluation and expert opinion on the operational performance, strategy and future of the world's top oil and gas companies. Our unique, objective analysis helps you understand, validate, compare and challenge market and corporate views so you can assess strategic opportunities.

  • Executive summary
    • SWOT analysis
    • Summary
      • Strategic success factors:
  • Valuation
  • Financial health
    • Net debt outlook / Liquidity position
    • Options to free up capital / risks to this outlook
  • Resources, reserves and production
    • Resources and reserves overview
    • Production overview
  • Portfolio summary
  • Economic assumptions
    • Wood Mackenzie Corporate Service: our response to low oil prices
    • Economic assumptions

In this report there are 17 tables or charts, including:

  • Executive summary
    • Executive summary: Table 1
  • Valuation
    • Oxy vs. COP relative share price performance
    • Premium / discount to base case NPV
  • Financial health
    • Cash flow breakeven evolution
    • Net debt outlook
  • Resources, reserves and production
    • Benchmarking: reserve and resources detail
    • Benchmarking: reserves and resource life
    • WM forecasted production outlook
  • Portfolio summary
    • US Lower 48 assets
    • International assets
  • Economic assumptions
    • Base price assumptions (nominal terms)
    • Economic assumptions: Image 1
    • Economic assumptions: Image 2
    • High price assumptions
    • Low price assumptions
    • Economic assumptions: Table 4
    • Economic assumptions: Table 5
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...