Harvest Natural Resources Inc. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
- The report contains detailed information about Harvest Natural Resources Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
- Another part of the report is a SWOT-analysis carried out for Harvest Natural Resources Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
- The Harvest Natural Resources Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
- In the part that describes Harvest Natural Resources Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
- Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of Harvest Natural Resources Inc. business.
About Harvest Natural Resources Inc.
Harvest Natural Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, production, and disposition of oil and natural gas properties.
The company has significant interests in the Bolivarian Republic of Venezuela (Venezuela) through its 40 percent equity affiliate, Petrodelta, S.A. (Petrodelta), which operates a portfolio of properties in eastern Venezuela, including proven oil fields, as well as properties for both development and exploration. The company holds interests in Venezuela, the Gulf Coast Region of the United States.
The company indirectly owns a net 32 percent interest in Petrodelta, and partner, Oil & Gas Technology Consultants (Netherlands) Cooperatie U.A., a controlled affiliate of Venezolana de Inversiones y Construcciones Clerico, C.A.
Petrodelta Fields
Uracoa Field
There are 78 oil and natural gas producing wells and 6 water injection wells in the field. All natural gas being delivered by Petrodelta is produced from the Uracoa field.
Tucupita Field
There are approximately 16 oil producing wells and 4 water injection wells in the field. The Tucupita production facility has capacity to process 30 MBbls of oil per day, 125 MBbls of water per day and storage for approximately 60 MBbls of crude oil. The oil is transported through a 31-mile, 20 MBbls of oil per day pipeline from the Tucupita field to the Uracoa plant facilities.
Isleno Field
The Isleno field is located near the Uracoa field existing infrastructure.
Temblador Field
There are approximately 19 oil producing wells in the field. The fluid produced from Temblador field flows through two flow stations operated by Petrodelta.
El Salto Field
A total of 31 appraisal wells have been drilled and identified 9 productive structures and 6 productive formations.
Western United States Antelope
The company has a Joint Exploration and Development Agreement (JEDA) with a private party to pursue a lease acquisition program and drilling program on the Antelope project in the Western United States. The company is the operator and has a working interest of 50 percent in the project.
Mesaverde
The Mesaverde project is targeted to explore for and develop oil and natural gas from multiple reservoir horizons in the Uintah Basin of northeastern Utah in Duchesne and Uintah Counties.
Monument Butte
The Monument Butte project is an eight well appraisal and development drilling program to produce oil and natural gas from the Green River formation on the southern portion of its Antelope land position. The Monument Butte project is non-operated and the company holds a 43 percent working interest.
Budong-Budong, Onshore Indonesia
The Budong PSC covers 1.35 million acres and includes the Lariang and Karama sub-basins, which are the eastern onshore extension of the West Sulawesi foldbelt (WSFB).
Dussafu Marin, Offshore Gabon
The company has a 66.667 percent interest in the Dussafu PSC. It is the operator of the Dussafu PSC, which is located offshore Gabon. It contains 680,000 acres with water depths to 1,000 feet. The Dussafu PSC has two small oil discoveries in the Gamba and Dentale reservoirs and a small natural gas discovery.
Oman
In 2009, the company signed an EPSA with Oman for the Al Ghubar/Qarn Alam license. It has a 100 percent working interest in Block 64 EPSA during the exploration phase. Oman Oil Company has the option to back-in to approximately a 20 percent interest in Block 64 EPSA after the discovery of gas.
WAB-21, South China Sea
The WAB-21 petroleum contract covers 6.2 million acres in the South China Sea, with an option for an additional 1.25 million acres under certain circumstances, and lies within an area. The WAB-21 contract area is located in the West Wan an Bei Basin (Nam Con Son) of the South China Sea.
History
Harvest Natural Resources, Inc. was founded in 1988.
The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.
RESEARCH METHODOLOGY
DISCLAIMER
1. HARVEST NATURAL RESOURCES INC. COMPANY PROFILE
1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History
2. HARVEST NATURAL RESOURCES INC. BUSINESS OVERVIEW
2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units
3. HARVEST NATURAL RESOURCES INC. SWOT ANALYSIS
3.1. Overview
3.2. Strengths
3.3. Weaknesses
3.4. Opportunities
3.5. Threats
4. HARVEST NATURAL RESOURCES INC. FINANCIAL ANALYSIS
4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.1. Profitability
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot
5. HARVEST NATURAL RESOURCES INC. COMPETITORS AND INDUSTRY ANALYSIS
5.1. Harvest Natural Resources Inc. Direct Competitors
5.2. Comparison of Harvest Natural Resources Inc. and Direct Competitors Financial Ratios
5.3. Comparison of Harvest Natural Resources Inc. and Direct Competitors Stock Charts
5.4. Harvest Natural Resources Inc. Industry Analysis
5.4.1. Energy Industry Snapshot
5.4.2. Harvest Natural Resources Inc. Industry Position Analysis
6. HARVEST NATURAL RESOURCES INC. NEWS & EVENTS
6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events
7. HARVEST NATURAL RESOURCES INC. EXPERTS REVIEW1
7.1. Experts Consensus
7.2. Experts Revisions
8. HARVEST NATURAL RESOURCES INC. ENHANCED SWOT ANALYSIS2
9. UNITED STATES PESTEL ANALYSIS2
9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors
10. HARVEST NATURAL RESOURCES INC. IFE, EFE, IE MATRICES2
10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix
11. HARVEST NATURAL RESOURCES INC. PORTER FIVE FORCES ANALYSIS2
12. HARVEST NATURAL RESOURCES INC. VRIO ANALYSIS2
APPENDIX: RATIO DEFINITIONS
LIST OF FIGURES
Harvest Natural Resources Inc. Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
Harvest Natural Resources Inc. 1-year Stock Charts
Harvest Natural Resources Inc. 5-year Stock Charts
Harvest Natural Resources Inc. vs. Main Indexes 1-year Stock Chart
Harvest Natural Resources Inc. vs. Direct Competitors 1-year Stock Charts
Harvest Natural Resources Inc. Article Density Chart
1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.
Harvest Natural Resources Inc. Key Facts
Profitability
Management Effectiveness
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
Harvest Natural Resources Inc. Key Executives
Harvest Natural Resources Inc. Major Shareholders
Harvest Natural Resources Inc. History
Harvest Natural Resources Inc. Products
Revenues by Segment
Revenues by Region
Harvest Natural Resources Inc. Offices and Representations
Harvest Natural Resources Inc. SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
Harvest Natural Resources Inc. Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Credit Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
Harvest Natural Resources Inc. Capital Market Snapshot
Harvest Natural Resources Inc. Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Energy Industry Statistics
Harvest Natural Resources Inc. Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
Harvest Natural Resources Inc. Consensus Recommendations1
Analyst Recommendation Summary1
Price Target Summary1
Experts Recommendation Trends1
Revenue Estimates Analysis1
Earnings Estimates Analysis1
Historical Surprises1
Revenue Estimates Trend1
Earnings Estimates Trend1
Revenue Revisions1
SWOT Analysis
SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.
Enhanced SWOT Analysis
Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:
- How to use the strengths to take advantage of the opportunities?
- How to use the strengths to reduce likelihood and impact of the threats?
- How to overcome the weaknesses that obstruct taking advantage of the opportunities?
- How to overcome the weaknesses that can make the threats a reality?
Upon answering these questions a company can develop a project plan to improve its business performance.
PESTEL Analysis
PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.
Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.
Key Factors Examined by PESTEL Analysis:
- Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
- Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
- Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
- Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
- Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
- Legal – What laws and legislation will exert influence on the style the business is carried out?
IFE, EFE, IE Matrices
The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.
The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.
The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.
Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.
Porter Five Forces Analysis
The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:
- What composes a threat of substitute products and services?
- Is there a threat of new competitors entering the market?
- What is the intensity of competitive rivalry?
- How big is the bargaining power of buyers?
- How significant is the bargaining power of suppliers?
VRIO Analysis
VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:
- Tangible resources
- Financial
- Physical
- Technological
- Organizational
- Intangible resources
- Human
- Innovation and Creativity
- Reputation
- Organizational capabilities
The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:
- Valuable?
- Rare?
- Costly to imitate?
- Organized properly?
