Insight
| |
3 Pages

Occidental to spin-out West Coast business


Occidental to spin-out West Coast business

Report summary

Oxy has confirmed that it plans to spin-off its Californian business. The niche Californian business will be better placed to attract a "pure play" premium.  The smaller, leaner ‘new-look’ Oxy that will emerge from the remaining business will still give investors exposure to Oxy’s traditional expertise in EOR, plus international business development strengths and potentially world-class tight oil upside in the Permian Basin.  The shares jumped 4.7% on the day of announcement.

What's included?

This report includes 1 file(s)

  • Occidental to spin-out West Coast buisness PDF - 447.93 KB 3 Pages, 0 Tables, 4 Figures

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.

  • Oxy embarks on the most radical upstream strategic repositioning yet
    • West Coast Oxy

In this report there are 4 tables or charts, including:

  • Oxy embarks on the most radical upstream strategic repositioning yet
    • Three year relative share price performance
    • Market premium/discount to base case NPV
    • Forecasted 2013 & 2018 production and 5yr CAGR
    • Base case NPV & 5yr average upstream cashflow/boe
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...