Planning in Conoco

Leslie E. Grayson
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Leslie E. Grayson: University of Virginia

Chapter 7 in Who and How in Planning for Large Companies, 1987, pp 154-197 from Palgrave Macmillan

Abstract: Abstract In August 1981 Conoco became a wholly-owned subsidiary of E. I. du Pont de Nemours and Company. Du Pont, with sales of $35.4 bn and net income of $1.1 bn,1 was listed in 1983 as the seventh largest US industrial corporation and the ninth largest industrial corporation in the world. Conoco’s sales (petroleum and coal) in 1983 were $20.1 bn with an after-tax operating income of $621 m.2 Had Conoco not been bought by Du Pont, it would have been the thirteenth largest industrial corporation in the USA and the eighteenth largest in the world.

Keywords: Cash Flow; Management Committee; Harvard Business School; Capital Budget; Discount Cash Flow (search for similar items in EconPapers)
Date: 1987
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DOI: 10.1007/978-1-349-08412-8_7

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