| Business Summary | | Occidental
Petroleum
Corp.
is
a
multinational
organization
whose
principal
business
segments
are
oil
and
gas
exploration,
production
and
marketing
and
chemicals
production
and
marketing.
Occidental
conducts
its
operations
through
various
oil
and
gas
and
chemical
subsidiaries
and
affiliates.
In
oil
and
gas,
Occidental
has
active
exploration
and
production
in
the
United
States
and
in
10
other
countries.
Occidental's
OxyChem
subsidiary
has
interests
in
basic
chemicals
(principally
chlorine
and
caustic
soda),
vinyls,
petrochemicals
and
specialty
products.
Occidental
also
has
an
interest
in
petrochemicals
through
its
29.5%
ownership
in
Equistar
Chemicals,
LP. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | OXY
explores
for,
develops,
produces
and
markets
crude
oil
and
gas;
and
manufactures
and
markets
a
variety
of
basic
chemicals,
polymers
and
plastics,
specialty
chemicals
and
petrochemicals.
For
the
six
months
ended
6/30/01,
total
revenues
rose
44%
to
$8.32
billion.
Net
income
applicable
to
Common
before
extraordinary
item
and
accounting
change
rose
18%
to
$984
million.
Results
reflect
higher
oil
and
gas
prices,
partially
offset
by
the
absence
of
a
gain
on
the
sale
of
Canadian
Occidental. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ray Irani, 66 Chairman
and CEO | $4.5M | Dale Laurance, 55 Pres,
Director | 3.4M | Stephen Chazen, 54 CFO
and Exec. VP Corp. Devel. | 2.5M | J. Roger Hirl, 69 Exec.
VP | 1.5M | Donald De Brier, 60 Exec.
VP, Gen. Counsel and Sec. | 1.4M | 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
|
|