| Business Summary | | Ocean
Energy,
Inc.
is
an
independent
energy
company
engaged
in
the
exploration,
development,
production,
and
acquisition
of
crude
oil
and
natural
gas.
North
American
operations
are
focused
primarily
in
the
shelf
and
deepwater
areas
of
the
Gulf
of
Mexico,
the
Permian
Basin,
Mid-continent,
and
Rocky
Mountain
areas.
Internationally,
Ocean
conducts
oil
and
gas
activities
in
Equatorial
Guinea,
Côte
d'Ivoire,
Angola,
Egypt,
Tatarstan,
Pakistan,
and
Indonesia. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Ocean
Energy,
Inc.
is
an
independent
energy
company
engaged
in
the
development,
production,
exploration
and
acquisition
of
oil
and
natural
gas.
For
the
six
months
ended
6/30/01,
revenues
increased
54%
to
$759.1
million.
Net
income
applicable
to
Comm.
before
extraordinary
item
totaled
$205.8
million,
up
from
$86.8
million.
Revenues
reflect
continued
increases
in
average
oil
and
gas
prices.
Net
income
also
reflects
the
absence
of
$3.3
million
in
merger
and
integration
expenses
related
to
severance
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Hackett, 47 Chairman,
Pres, CEO | $2.8M | William Transier, 46 CFO,
Exec. VP | 1.1M | Robert Reeves, 43 Exec.
VP, Gen. Counsel and Sec. | 837K | John Schiller, Jr., 41 Exec.
VP, Operations | 931K | Stephen Thorington, 45 Sr.
VP, Fin., Treasury and Corp. Devel. | 435K | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|