(PTEN) is the second-largest land-based oil and gas drilling and exploration company in North America. Patterson operates within three business segments: Contract Drilling, Pressure Pumping and Oil and Natural Gas Exploration and Production. Contract drilling makes up 65% of total revenues, pressure pumping makes up 33% of revenues and oil and natural gas exploration and production makes up 2% of revenues. Patterson operates primarily in the Southwestern and Northeastern regions of the United States with 308 contract drilling rigs and 631,070 hydraulic horsepower in pressure pumping equipment; and operates 20 contract drilling rigs in
The world’s fortune 500 companies controlled an astounding 70% of the trade market, and 80% of foreign investment, and 30% of the (GDP), gross domestic product. 3,400 billion of the world assets controlled by the largest 100 companies with 40% owned in other major countries. In the past it was statistically known that 70% of the trade market with 80% investments, and 40% in off shore accounts was controlled by these multinational corporations, drawing an excessive rates from the U.S. and the majority of wealth in other non U.S. regions. Local cultures of third world countries are stratified into various areas. These countries are open to new ways of proficiencies (e.g.)
Barrick is currently undertaking mining and exploration projects in Papua New Guinea, the United States, Canada, Dominican Republic, Australia, Peru, Chile, Russia, South Africa, Colombia, Argentina and Tanzania. Barrick Gold Corporation has more than 27000 employees and it operates 26 mines in eight countries. Mission statement: A company’s mission statement identifies the purpose of a company’s reason for existing in the business world. * Products and services: Barrick Gold Corporation is mainly involved in gold mining, exploration and mine development, but apart from gold mining the company also produces copper, nickel development, oil and gas. * Customers: Barrick Gold Corporation is not dependent on selling gold to any individual buyer because central bank, government and other official institutions are the majority gold buyers.
It is also contributed to United States oil industry by seventeenth percent of produce oil, as said by (Pam Barrett pg. 43) “Oil is by far the largest of Alaska’s industries”, and (R. Warren Anderson ) “Former Secretary of the Interior Gale Norton summed up its success in 2003 that Today the pipeline produces 17 percent of our domestic petroleum. It has pumped nearly 14 billion barrels of oil and $400 billion into our economy”, it gave jobs for several thousand people, Alyeska workers and sub-contractors. The pipeline has help Alaska which is the most heavily tax state to the most tax-free state. Alaska has profit more than half of the income from the pipeline has produces and the other profit goes to the United States.
US Steel – Andrew Carnegie sold Carnegie Steel in 1900 to a new steel corporation headed by JP Morgan US Steel. First billion dollar company, largest company in the world, owned over 3/5 of the nation’s steel industry 7. Federal Government Aid to RRs – Federal gov’t provided RR companies with huge loans and land grants (170+ acres of land), helped build a transcontinental RR during Civil War (Union Pacific + Central Pacific = Promontory Point), 4 other transcontinental RRs built. Panic of 1893 JP Morgan consolidated smaller RRs into large companies, essentially eliminated competition in RR industry 8. Andrew Carnegie and his Theories of Wealth – “Wealth” – essay arguing the wealth had a god given responsibility to care out charity to benefit society, put over $350M into support for libraries, universities, and other public institutions 9.
370 Integrative Problems; Riordan Manufacturing Riordan Manufacturing is a global plastics manufacturer that employs over 500 people with projected annual earnings of $46 million. Riordan Industries, Riordan Manufacturing’s parent company is a Fortune 1000 enterprise with revenues in excess of $1 billion. The corporate headquarters is located in San Jose, California with additional manufacturing plants in Georgia, Michigan, and China. Products include plastic beverage containers, custom plastic parts, and plastic fan parts. Growth is the ultimate goal of any business and without growth success cannot be achieved.
| Bethesda Mining Company Case Study | Financial Analysis | | Section 2, Team 3: Alicha Brown, Michael Simon, Lisa Young | 3/7/2014 | | Financial Management 526 – Team Project 1 Instructor – Andy Boettcher Professor – John Nofsinger Financial Management 526 – Team Project 1 Instructor – Andy Boettcher Professor – John Nofsinger The Bethesda Mining Company has been offered a contract to ramp up its production. This new contract would run for a period of four (4) years and would entail the delivery of 2,000,000 tons of coal. At first blush it seems like a favorable undertaking, in that the company currently owns a 5000-acre plot of land ideal for the mine. It also estimates production in excess of the contract, allowing for additional sales in the spot market. The downsides are that Bethesda is currently operating at maximal capacity and would incur the costs of supplying all new equipment along with a host of both fixed and variable costs.
Viet Nam has the total oil reserves of 270 to 500 million tones. The production rate is 64120 cubic meters for day in 2004. Vietnam also have 3.7 billion tons of coal reserves, the coal production is nearly 19 million tons in 2003 and natural gases reserves of 13 trillion cubic meters. Viet Nam has a high amount of exporting crude fuel and importing useable fuel. Viet Nam is harvesting and using a large amount of fuel, mostly gasoline.
It was considered to be the tallest building in the world until the Eiffel Tower was built. Although they think it took almost eighty years to build the Great Pyramid at Giza, it is estimated that the smaller pyramids usually took around twenty years to build. The Great Pyramid at Giza was built by hand using over two million of blocks of stone. Each stone weighed around 2,500 pounds, which is about as much as a car weighs. It probably took thousands of very strong men to build each pyramid by rolling the stones up ramps using ropes, levers, and logs.
Swift Transportation Functionality, Principles, and Participants Swift Transportation Functionality, Principles, and Participants In 1966 Swift Transpiration Company was established and headquartered in Phoenix, Arizona. Swift company has made a long way from starting out by having only one truck in its inventory to becoming the largest truckload motor carrier in the world. “Swift operates the largest truckload fleet in the United States combining strong regional operations, an expedited transcontinental operation, various specialty and dedicated offerings and a comprehensive intermodal package.” (Welcome to Swift Transportation, 2006) Starting from 1988 Swift’s revenue consisted of $25 million and reached a revenue of $3.4 billion, operating over 16,000 trucks. Today Swift has over forty terminals in North America and Mexico. In 2004, Swift became the first U.S. trucking company to buy a Mexican trucking company and now Swift wholly owns Trans-Max.