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Essay / Research Paper Abstract
This 9 page paper is written in three parts, all of which compare Valero Energy and Marathon Oil. The first part of the paper compares the operation of the companies such as turnover, number of employers, facilities and production capacity. The second part of the paper examines the potential sources of competitive advantages and the way the firms use technology. The last part of the paper considers the way in which decision impacting on strategy and operations have been made in the past. The bibliography cites 5 sources.
Page Count:
9 pages (~225 words per page)
File: TS14_TEcaleromar.rtf
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Unformatted sample text from the term paper:
oil and energy industry. To consider each of these companies a potential investment we will use three areas of assessment to compare the companies. The first of these is a
statistical analysis looking at the general operations, with aspects such as level of sales, number of employees, number of facilities and outlets. 2. Statistical Background Analysis
Valero Energy, founded in 1955, with headquarters in San Antonia, Texas, and sales of $81.36 billion. The company is the largest oil refiner in North
America and operates in a number of markets as well as the refining there are also wholesale marketing, distribution and transportation of products which include asphalt, lubricants, jet fuels, diesel
and low sulphur diesel as well as other refined products such as home heating oil. In December 2005 the company owned an operated a total of 18 refineries all in
the US, Aruba and Canada. In retail terms the company owns and operates 1,008 retail outlets selling a range of items
which also include fountain drinks, confectionary and snacks as well as fuel (Valero, 2005). As well as a selling through a further 5,000 retail outlets that the company does not
own. The company has a total level of 22,068 employees and with an income level per employee of $163,000 and revenue per
employee of $4 million per employee. The company has the capacity to refine a total of 3.3 million barrels of oil a day (Valero, 2005).
Marathon Oil Corp, with annual revenues of $56.8 billion has a longer history back to the nineteenth century founded in 1887 with head quarters in Houston, Texas (Marathon,
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