Cash Management in 37 Industry Sectors
|
|
|
| OIL |
| COMPANY |
Cash/Annual Sales |
Impact of Paying down Capital Employed with Excess Cash |
| 2003 |
2001 to 2003 Increase,
% pts. |
Industry Benchmark |
Excess
Cash, % |
Excess Cash,
$millions |
ROCE
2003 |
Adjusted ROCE |
| EOG Resources |
0.2% |
0.1% |
1.1% |
0.0% |
0 |
39.1% |
39.1% |
| ConocoPhillips |
0.5% |
-0.1% |
1.1% |
0.0% |
0 |
22.9% |
22.9% |
| Apache |
0.8% |
-4.2% |
1.1% |
0.0% |
0 |
35.8% |
35.8% |
| Holly |
0.8% |
-4.9% |
1.1% |
0.0% |
0 |
23.0% |
23.0% |
| Occidental Petroleum |
7.3% |
4.9% |
1.1% |
6.2% |
577 |
34.9% |
36.7% |
| Kerr McGee |
15.6% |
13.1% |
1.1% |
14.4% |
605 |
24.3% |
26.9% |
| Devon Energy |
17.3% |
11.0% |
1.1% |
16.2% |
1,190 |
40.3% |
45.0% |
| Burlington Resources |
17.6% |
14.1% |
1.1% |
16.4% |
708 |
30.1% |
32.5% |
| Sector Average |
4.0% |
0.8% |
1.1% |
2.8% |
|
27.7% |
29.3% |
| Total Average |
11.5% |
3.0% |
5.7% |
5.8% |
|
14.5% |
15.7% |
