This research paper is based on "EOG Resources" this is the company that the paper will be based upon. Please Use the attached word document "Part 1 PLEASE FOLLOW" as an outline for this research...

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This research paper is based on "EOG Resources" this is the company that the paper will be based upon. Please Use the attached word document "Part 1 PLEASE FOLLOW" as an outline for this research paper. Read everything and follow the Part 1 word document step by step. This is a group research project so everything will need to be researched and explained THROUGHLY AND ACCURATELY. I have also provided a word document "Data Collection" this document just explains what kind of data the professor is looking for, it also has links to use for research AND has EOG Resources Annual Report you can find the company's data information and numbers in that link. The PowerPoint presentation has the textbook pages that are required to review on section 3.2.3 of the Part 1 word doc. Please follow the part 1 outline just delete the instructions as you go and add the information. Make sure to use in text citations and add the citation links where it is noted in the outline. Let me know if you have questions.


3.2.2 Industry Dominant Economic Features (Person responsible: _______) 3.2.2.1 Market Size 1) What is the current industrial total sales revenue in the US market in recent years? How many companies in this industry? How many employees hired by this industry? 2) Please use several sentences to describe the global aspects of the industry: A) what is the degree of globalization of this industry? B) What is the global market size (total sales revenue) in recent years? Are there any large foreign companies that take significant market share worldwide? 3) List your references here. You can also copy and paste useful graphs and tables (highly recommended) here. 3.2.2.2 Market Growth Rate 1) What are the industry’s average growth rates in recent years? (It’s better to provide several other measures besides sales revenue.) 2) What is the expected growth rate in the near future? (It’s better to provide several other measures besides sales revenue.) 3) Are there any other related changes in the industry recently and in the future? (If you have, please list as A, B, C, etc. below, with a few sentences for each change.) 4) List your references here. You can also copy and paste useful graphs and tables (highly recommended) here. 3.2.2.3 Industry Trends 1) Are there any changes recently or expected in the near future in terms of the total number of firms in the industry, location distribution of the firms, abnormal industrial dynamics (such as merger and acquisition, new entrants, and declining incumbents), etc? List as A, B, C, … below if you found any with several sentences for each item. 2) Are there any new products, production processes, technology innovation (improvements) present recently or expected in the near future? If you found any, list below as A, B, C,… with several sentences for each item. 3) Are there any changes in the scope of the market such as the pace of globalization; product/business diversification of current large companies? If you found any, list below as A, B, C,… with several sentences for each item. 4) Put any other industry trends you identified here and list as A, B, C, … with several sentences for each item 5) List your references here. You can also copy and paste useful graphs and tables (highly recommended) here. 3.2.3 Five Forces Analysis (Person responsible: _______) [Read and understand the checklist in the yellow boxes in the textbook from page 42-49, and evaluate the whole industry for each item in the yellow box for each force and respond to the following sections. Keep in mind you need to be specific to our focal industry as the unit of analysis in this section in INDUSTRY] 3.2.3.1 Threat of New Entrants 1) Follow the checklist in the textbook to analyze the whole industry, and identify the factors that may encourage new entrants to this industry. Use one sentence to make your argument for each factor, and list them as A, B, C, … 2) Follow the checklist to analyze the whole industry and identify the factors that may prevent new entrants. Use one sentence to make your argument for each factor, and list them as A, B, C, … 3) What is your overall verdict on threat of new entrants: low, moderate, or high? (Just pick one from these three or you can make a term like “low but growing”, “moderate and declining”, etc. __________________________________ 4) List your references here. You can also copy and paste useful graphs and tables too. MGMT 4309: STRATEGIC MANAGEMENT FALL 2021 TEAM PROJECT - DATA COLLECTION GUIDELINES1 1. What to Collect a. General information about the company, EOG Resources. i. History ii. Vision and mission statement iii. Products and services iv. Organization structure v. Leadership styles vi. Organization culture vii. Market reach (before and now) b. Industry-level information: Oil & Gas Exploration & Production i. Background about the industry ii. General environment (e.g., a PESTEL analysis) i) Political factors ii) Economic factors iii) Social factors iv) Technological factors v) Environmental factors vi) Legal factors iii. Industry forces (e.g., Porter’s Five Forces) iv. Industry/market trends c. Market competition i. The case company’s current strategy, market share, financial information ii. The company’s major competitors and their strategies *This is a suggested guide. You may need additional works such as collecting more variety of data or dropping irrelevant data.* 2. Where and How to Find the Data a. The company’s webpage (https://www.eogresources.com) b. Other data sources i. Yahoo Finance (https://finance.yahoo.com) ii. EDGAR (https://www.sec.gov/edgar/searchedgar/companysearch.html) iii. Google Scholar for academic articles (e.g., concepts in Strategic Management and their theoretical applications) (https://scholar.google.com) c. Company’s Annual Report: THIS IS WHERE YOU CAN GET THE COMPANYS DATA AND NUMBERS (https://s24.q4cdn.com/589393778/files/doc_financials/2020/ar/EOG-2020-AR_web-ready.pdf) PowerPoint Presentation Basic Information about the Company Headquarter Location: 1111 Bagby Street, Sky Lobby 2, Houston, Texas, TX 77002 Webpage: https://www.eogresources.com Primary Industry Classification: ▪ Primary Industry: 1284 – Oil & Gas Exploration & Production ▪ Primary SIC Code: 13110101 – Crude petroleum production Primary NAICS Code: 211120 – Crude Petroleum Extraction Industry Information1 This industry comprises establishments primarily engaged in (1) the exploration, development, and/or the production of petroleum from wells in which the hydrocarbons will initially flow or can be produced using normal or enhanced drilling and extraction techniques or (2) the production of crude petroleum from surface shales or tar sands or from reservoirs in which the hydrocarbons are semisolids. Establishments in this industry operate oil wells on their own account or for others on a contract or fee basis.
Answered 4 days AfterSep 10, 2021

Answer To: This research paper is based on "EOG Resources" this is the company that the paper will be based...

Swati answered on Sep 15 2021
140 Votes
MGMT 4309: STRATEGIC MANAGEMENT
FALL 2021 TEAM PROJECT
3.2.2 Industry Dominant Economic Features (Person responsible: _______)
3.2.2.1 Market Size
1) The market size, measured by revenue, of the Oil & Gas Exploration and production industry is $327.7bn in 2021 and the US oil and gas sector employs about 880,000 workers and contributes ab
out $1.5 trillion towards the US gross domestic product, the growth of which has been heavily driven by shale production (André et al, 2020). The number of jobs supported by this industry or the industry employment is 10.3 million in Us which is almost 8% of nation’s gross domestic product.
2) The global oil and gas market is expected to grow from $4667.45 billion in year 2020 to $5870.13 billion in 2021 at a CAGR (compound annual growth rate) of 25.5%. The global market size (total sales revenue) in recent years is 2tr and there are 214,687 businesses in this industry globally (John et al, 2021). The companies holding the largest market share in the Global Oil & Gas Exploration & Production industry include Saudi Arabian Oil Company. Other major shareholders in this industry in foreign markets include PetroChina Company Limited, Exxon Mobil Corporation, National Iranian Oil Company and Public Joint Stock Company Gazprom.
3) References and charts
-André Varella Mollick, Md Ruhul Amin, Occupancy, oil prices, and stock returns: Evidence from the U.S. airline industry, Journal of Air Transport Management, 10.1016/j.jairtraman.2020.102015, 91, (102015), (2021).
-John William Rosso Murillo, Yeny Esperanza Rodriguez Ramos, The Profitability of Electricity, Oil, and Gas Utilities in America, Revista Facultad de Ciencias Económicas, 10.18359/rfce.4525, 29, 1, (27-48), (2021).
-Global Oil & Gas Exploration & Production Industry - Market Research Report, Ibisworld.com
- OIL   NATURAL GAS: & SUPPORTING THE ECONOMY, CREATING JOBS, DRIVING AMERICA FORWARD, American petroleum institute, api.org
-
1. Revenue
3.2.2.2 Market Growth Rate
1) The market size, measured by revenue, of the Global Oil & Gas Exploration & Production industry is $2.1tr in 2021. The market size of the Global Oil & Gas Exploration & Production industry has declined 2.2% per year on average between 2016 and 2021.
2) The market size of the Global Oil & Gas Exploration & Production industry is expected to increase 13.3% in 2021.
3) Other related changes in the industry recently and in the future includes-
A. Revenue for the Global Oil and Gas Exploration and Production industry is expected to decrease partially as a result of the COVID-19 (coronavirus) pandemic, which caused various supply chain disruptions.
B. Despite an expected decrease in revenue over the five years to 2021, industry profit is still expected to increase due to its low levels in 2016 and the expected economic recovery in 2021.
C. Demand from the industry's major markets is expected to fluctuate due to the coronavirus pandemic.
4) References and graphs
- https://www.ibisworld.com/global/market-research-reports/global-oil-gas-exploration-production-industry/
- https://www.statista.com/statistics/294614/revenue-of-the-gas-and-oil-industry-in-the-us/
- https://www2.deloitte.com/us/en/pages/energy-and-resources/articles/oil-and-gas-industry-outlook.html
- https://csimarket.com/Industry/industry_growth_rates.php?ind=602
3.2.2.3 Industry Trends
1) There are many changes recently or expected...
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