| Business Summary | | Texaco
Inc.
and
its
subsidiary
companies
represent
a
vertically
integrated
enterprise
principally
engaged
in
the
worldwide
exploration
for
and
production,
transportation,
refining
and
marketing
of
crude
oil,
natural
gas
liquids,
natural
gas
and
petroleum
products,
power
generation,
gasification
and
other
energy
technologies.
The
Company's
worldwide
operations
encompass
three
main
businesses:
Upstream
(exploration
and
production),
Downstream
(refining,
marketing
and
distribution)
and
Global
Gas,
Power
and
Energy
Technology. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Texaco
is
engaged
in
the
worldwide
exploration
for
and
production,
transportation,
refining
and
marketing
of
crude
oil,
natural
gas
liquids,
natural
gas
and
petroleum
products.
For
the
six
months
ended
6/30/01,
revenues
rose
16%
to
$27.04
billion.
Net
income
applicable
to
common
rose
35%
to
$1.61
billion.
Revenues
reflect
higher
crude
oil
and
natural
gas
prices.
Earnings
reflect
an
increase
in
natural
gas
margins
and
the
absence
of
$107
million
in
non-core
producing
properties. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Glenn Tilton, 52 Chairman,
CEO | $1.6M | -- | Patrick Lynch, 63 CFO,
Sr. VP | 1.7M | -- | John O'Connor, 55 Sr.
VP | 1.7M | $68K | William Wicker, 51 Sr.
VP, Corp. Devel. | 1.7M | 63K | Bruce Appelbaum, Ph.D., 53 VP
and Pres, of Worldwide Exploration and New Ventures | -- | -- | 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
|
|