| Business Summary | | Kerr-McGee
Corporation
is
an
energy
and
chemical
company.
The
Company
acquires
leases
and
concessions
and
explores
for,
develops,
produces
and
markets
crude
oil
and
natural
gas
through
its
subsidiaries,
Kerr-McGee
Oil
&
Gas
Corporation,
Kerr-McGee
Oil
and
Gas
Onshore
LP,
Kerr-McGee
Oil
(U.K.)
PLC,
Kerr-McGee
North
Sea
(U.K.)
Limited,
Kerr-McGee
Resources
(U.K.)
Limited,
Kerr-McGee
Gryphon
Limited,
Kerr-McGee
China
Petroleum
Limited
and
various
other
subsidiaries.
The
Company's
chemical
operations
consist
of
two
segments
(pigment
and
other)
that
produce
and
market
inorganic
industrial
chemicals,
heavy
minerals
and
forest
products
through
its
subsidiaries,
Kerr-McGee
Chemical
LLC,
KMCC
Western
Australia
Pty.
Ltd.,
Kerr-McGee
Pigments
GmbH
&
Co.
KG,
Kerr-McGee
Pigments
N.V.,
Kerr-McGee
Pigments
Limited,
Kerr-McGee
(Holland)
B.V.
and
Kerr-McGee
Pigments
(Savannah)
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Kerr-McGee
Corporation
is
engaged
in
the
exploration
and
production
of
crude
oil
and
natural
gas.
The
Company
is
also
engaged
in
chemical
manufacturing.
For
the
six
months
ended
6/30/01,
revenues
rose
5%
to
$2
billion.
Net
income
before
acctg.
change
rose
80%
to
$530
million.
Revenues
reflect
higher
natural
gas
sales
prices
and
growth
from
recently
acquired
pigment
facilities.
Net
income
reflects
a
special
gain
related
to
new
accounting
rules
for
derivatives. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Luke Corbett, 54 Chairman,
CEO | $2.9M | $30K | Robert Wohleber, 50 CFO,
Sr. VP | 524K | -- | Gregory Pilcher, 40 Sr.
VP, Gen. Counsel, Sec. | 463K | -- | Kenneth Crouch, 57 Sr.
VP, Worldwide Exploration and Production Operations | 736K | 197K | Michael Webb, 53 Sr.
VP for Strategic Planning | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|