Large US independent petroleum firms emerging as viable competitors to majors

02/24/2003
A group of the 10 biggest independent US petroleum companies has emerged as viable competitors to the world's major oil and natural gas firms.The aim of this article is to identify the main features and assess the growing significance of these companies on the world oil and gas scene.Comprising the group are Amerada Hess Corp., Anadarko Petroleum Corp., Apache Corp., Burlington Resources Inc., Devon Energy Corp., Kerr-McGee Corp., Marathon Oil Corp., Occidental Petroleum Corp., Unocal Corp., and Valero Energy Corp.These companies are primarily active upstream, and their gas dimension is sometimes very significant, higher than the majors in relative value. These firms are experiencing ...
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