Category: Companies-Less Than a Minute

Hess in Less Than 1 Minute

Learn the key facts about Hess Corporation in less than one minute.

 

Hey, folks. Let’s learn something new about the oil and gas industry.

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All right. Today, we’re going to profile an oil and gas company in less than a minute and this company is Hess Corporation. So are you ready? Hess Corporation in less than a minute.

Hess formally was Amanda Hess which used to be an integrated oil and gas company. Now, they’re totally an upstream E&P company. They are headquartered in New York City which is really kind of an odd with $22 billion in revenue, 12,000 employees. Every single employee is eligible for bonus based on performance which is not the norm in the oil and gas industry.

Their business culture quite frankly is old fashioned, it takes a while to get in the door over there. But if you’ve proven them that you can solve a problem, they will be a long time client of yours. So there you go, less than a minute Hess Corporation. Hope that it helped.

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We will see you next time.

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Cameron in Less Than 1 Minute

Learn the key fact about Cameron International in less than a minute.

 

Hey, folks. Let’s learn something new about the oil and gas industry.

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All right. Today, we’re going to do the one minute profile of an oil and gas company. Ready? One minute Cameron International.

Cameron International is a service company and they manufacture and provide technical services to the oil and gas industry. They are headquartered in Houston, Texas and have about $8.5 billion worth of revenue, 28,000 employees globally and they’re divided into five business units. Drilling and production systems, valves, processing systems, measurement systems, and compression systems.

Let me tell you about the culture at Cameron. They really take care of their people, they have great training programs, great mentoring programs, and it’s not uncommon for somebody to start in the field hand and thirty years later be a manager of one of the business units. They also recently joined – formed a joint venture with Schlumberger called One Subsea, bit of a risk, but  they see if they can capture some of the subsea service part of the market. So it would be interesting to see where that goes for them.

Overall, Cameron’s a pretty quick moving service company, they still look for new technology to help service their clients. So, if any of that fits with your business, you know Cameron is somebody you need to do business with.

Hope that helped. We will see you next time.

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ExxonMobil in Less Than 1 Minute

In less than a minute learn the key facts about ExxonMobil. To download the free executive management org chart with contact info, click here.

 

Transcript of Session –

Hey, folks. Let’s learn something new about the oil and gas industry, shall we?

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I’m underground in Houston in the Tunnel system. If you know the gas industry, you know exactly what I’m talking about. And if you don’t know the oil and gas industry, you’ll probably be surprised that Houston is connected underground with a lot of tunnels from the major oil and gas companies.

So today, we’re going to do one minute profile and today’s company is going to be Exxon, so are you ready? One minute we’re going to cover everything you need to know about Exxon.

All right. Exxon is the largest of the super majors. It’s headquartered in Irving, Texas and has about $453 billion in revenue. It has over 82,000 employees and 72 billion barrels or equivalent under reserve. It’s ranked fourteenth in the world reserves and that’s important.

So the reserves is basically a size of the oil and gas company like assets is the size of the bank. Everybody beat up on Exxon, but they’re running out of places to drill in the world as the nationalized oil company are kicking them out. So, like I said they’re fourteenth in barrel under reserve.

Upstream is 70% of that revenues that drives the E&P mentality Exxon. And then their business culture really is just a big old ship; they are slow, they make smart decisions, but they’re a bit ponderous in making those decisions. If you do good business with Exxon, you’ll do business with them forever, but it will take you a while to get in the door over there.

And then finally, for our readers, we’re going to offer an org chart with contact information of their executive management team. If you’re watching this on YouTube, just go to www.modalpoint.wpengine.com and you’ll be able to download it for free.

I hope this helps. See you next time.

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Chevron in Less Than 1 Minute

Learn the key facts about Chevron Corporation in 60 seconds. Plus download the free list of OppCo’s by clicking here. And the free whitespace tool by clicking here.

 

Transcript of Session –

Hey, folks. Let’s learn something new about the oil and gas industry.

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All right. Today, we’re going to continue our one minute profiles of companies that you may do business with. So this week it’s going to be Chevron. So ready? One minute Chevron.

Chevron is one of the super majors. They’re headquartered in San Ramon, California with revenue of about $250 billion. They have 62,000 employees globally in 180 countries and they have 21 business units or OopCOs as they call them under – call them at Chevron. And they have about 11.2 BOE barrels under reserve or equivalent globally, so they’re – we usually consider them number two super major.

Now, let me tell you something about Chevron’s culture. Even though it’s a super major, it has a very liberal culture for a super major is actually relatively quick to do business with. But the key to doing business with Chevron is understanding its OopCO’s structure. So those 21 different OppCOs each act independently, they have their own budget, their own KPI’s, their own directives. And matter of fact,  the members of one of those operating companies don’t really know the members of the other operating company, so you need to focus on the OppCO.

To give you a little help, we’re going to provide a list, so if you’re watching this on YouTube, head over to our blog at ModalPoint.com and you can download a list of the Chevron’s OppCOs. And we’ll also give you a white space report. So if you’re currently doing business with Chevron, you can use this to see which OppCOs you’re doing business with and which ones you aren’t and therefor you can see the white space for potential sales opportunities.

So, I hope this helps. See you next time.

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Anadarko Petroleum in Less Than a Minute

Learn the key facts about Anadarko Petroleum in 60 seconds. Plus download a free Anadarko organizational chart Anadarko Org Chart 2013

 

Transcript of Session –

Hey, folks. Let’s learn something new about the oil and gas industry.

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Okay. Today’s show we’re going to do something different. We’re going to try in less a minute to profile one of the companies you may want to do business with and I have to admit this idea came from one of my clients. So, thanks Tim for the great idea for a blog post.

All right. Ready? One minute, Anadarko Petroleum.

Anadarko is an independent upstream company headquartered in The Woodlands, Texas. They are great little company able to pull things off that the bigger companies can’t do. They’re about $13 billion in revenue with about 5,000 employees and they have about $2.5 billion barrels under reserve globally.

I’ll tell you what. You know I talk about how great ExxonMobil is and how they’re the best oil and gas engineering company on the planet. I put Anadarko right next to Exxon. There’s a big difference in size, you know Exxon is $400 billion a year company, Anadarko is $13 but they rock and roll. They’ve been tearing it up in Africa in Mozambique. Their company culture is different than a lot of the super majors, they partner with their vendors. So, whereas the big companies like Exxon and Chevron want to do all their engineering and sourcing and procurement and quality control themselves and the project management as well, Anadarko likes to push it out to the vendors so you’re not really a vendor, you’re a partner.

So once you earned that trusted partner relation with Anadarko, it is awesome company to do business with. And that lean – that culture that lean culture is rather business behavior, Anadarko is easier to get to know to do business with ‘cause they’re looking for new ideas and new technologies to help them capitalize on their small stature where they have to compete with all these big guys.

So, there you go, I hope that it helps you with Anadarko and if you need anything, reach out to us, we’ll be happy to help.

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